National Commercial Underwriter

Old Republic National Title Insurance•Chicago, IL

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 officer 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. To be successful, you will need to have 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. Have a 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. Possess the ability to work on several transactions at one time in a fast-paced environment. Have outstanding customer service skills as well as a willingness and ability to work with a team of people in a professional and collegial manner. Law Degree Old Republic National Title Insurance Company is the fastest growing among major national insurers. In just the past 5 years we have almost tripled our national market share, all while maintaining our industry leading financial strength rating from the major independent rating agencies. #LI-MB1 The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort. Position's Pay Range : 0 Benefits may include: 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 Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process. For California applicants, please click the following link to view our CCPA Applicant Notice Old Republic Title is an Equal Opportunity Employer

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.
Have a 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.
Possess the ability to work on several transactions at one time in a fast-paced environment.
Have outstanding customer service skills as well as a willingness and ability to work with a team of people in a professional and collegial manner.
Law Degree

Responsibilities

Underwrite title insurance policy coverages for commercial real estate transactions.
Assist national commercial escrow officer 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