National Commercial Underwriter

Old Republic National Title InsuranceChicago, IL
Onsite

About The Position

Old Republic National Title Insurance Company seeks an experienced National Commercial Underwriter in its national commercial office in Chicago. In this role, you will underwrite title insurance policy coverages for commercial real estate transactions. Assist national commercial escrow officers in closing transactions and negotiate policy coverage and endorsement coverage in connection with the issuance of owner’s and loan title insurance policies. You will also serve as a resource for salespeople and their clients when they have title insurance and/or real estate questions.

Requirements

  • Minimum 5 years' experience underwriting and closing single and multi-site commercial transactions for properties located nationwide.
  • Solid understanding of endorsement and policy coverages along with experience of negotiating these coverages with principals and their attorneys.
  • Working knowledge of State-by-State title insurance guidelines and real estate practices to include endorsement availability, policy availability, transfer tax, mortgage tax and forms of conveyance.
  • Ability to work on several transactions at one time in a fast-paced environment.
  • Outstanding customer service skills.
  • Willingness and ability to work with a team of people in a professional and collegial manner.

Responsibilities

  • Underwrite title insurance policy coverages for commercial real estate transactions.
  • Assist national commercial escrow officers in closing transactions.
  • Negotiate policy coverage and endorsement coverage in connection with the issuance of owner’s and loan title insurance policies.
  • Serve as a resource for salespeople and their clients when they have title insurance and/or real estate questions.

Benefits

  • Comprehensive medical, prescriptions, dental and vision plans
  • 401(k) plan with a discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Basic life and accidental death and dismemberment insurance premium paid by the company
  • Voluntary supplemental life insurance for employees, spouses and dependent children
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off programs
  • 11 Company paid holidays per year
  • Flexible spending account
  • Health savings account (available to High Deductible Health Plan participants only)
  • Employee Assistance Program
  • Educational Assistance Program
  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
  • Transportation benefit plan for mass transit, parking and vanpool, in several markets
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