Title Insurance Underwriter - Commercial

Duties & Responsibilities:

• Independently and proactively identifies potential title insurance coverage issues on transactions and works with national underwriters and other transaction parties to negotiate solutions.
• Works with the Company accounting department to facilitate, oversee, and coordinate the escrow, closing, and settlement processes on commercial real estate transactions.
• Reviews, approves, and complies with all escrow instructions and settlement requirements.
• Independently reviews all transaction-required documentation, such as deeds, security instruments, affidavits, organizational and authority documents, releases, etc., that are necessary to the issuance of a title policy and independently provides a high-level risk analysis for approval from SU.
• Independently facilitate all aspects of the closing, including but not limited to confirming/seeking underwriting approval for all curative proofs and closing documents required to issue a title policy.
• Independently anticipate title issues and direct team members on how to proactively anticipate/solve time-sensitive issues that advance the deal to closing.
• Reviews survey and zoning coverage requirements to issue title coverage; and provides final comments/review/approval to Company survey reading.
• Negotiates and calculates title premiums and fees on commercial real estate transactions.
• Provides additional necessary support to production and operations with orders and other customary matters to facilitate the title order, title production, and closing of transactions.
• Thorough understanding of fundamental title insurance and underwriting concepts, such as title exceptions, affirmative coverage; endorsements; survey coverage; non-imputation requirements; co-insurance; mezzanine financings; zoning coverage, and similar matters.
• Comprehensive understanding of industry-licensed state and workshare models and regulatory limitations and ability to oversee and facilitate team compliance with related Company policies and procedures.
• Primary customer contact on his/her matters for all workshare partners, coinsurers, and underwriters.
• Facilitate and coordinate interaction and cooperation among multiple underwriters, workshare partners, and coinsurers on transactions, where applicable.
• Mentor other support personnel involved in the transaction.
• Assist production teams with general tasks, as requested.
• Appropriately document the file with clearance proofs and Underwriter approval for risks.
• Update deal pipeline reports; and
• Prepare company-required reporting and recordkeeping.

• Minimum of 5 years of national underwriting experience necessary.
• Underwriting, examining & "soup to nuts " commercial transaction experience required.
• Experience with multi-state, multi-property commercial title projects required.
• Experience with National Commercial matters, licensed and workshare models.
• Ability to prioritize and handle multiple projects.
• Strong attention to detail and organizational skills.
• Strong understanding of fundamental concepts, practices, and procedures of commercial real estate and title insurance.
• Fluent with Excel, Tracker Pro, and Company software, preferred.
• Ability to work with confidential information.