Underwriter

Your Personality Matches these Jobs in Title Insurance

SAMPLE JOB DESCRIPTION

POSITION SUMMARY:

Under the supervision of State Counsel, provides underwriting support, counsel, and authorization to company personnel, and title agents, related to the issuance of real estate title insurance commitments and policies.  Utilizes underwriting standards and guidelines within delegated authority limits, to underwrite the issuance of title insurance.   Provides guidance to company personnel in the performance of real estate settlement services. Issues underwriting standards and guidance in accordance with established company processes.


ESSENTIAL FUNCTIONS:

  • Works with title examiners and title agents and other parties to the real estate transaction to determine the conditions of the title and insurability by considering the effect of documents such as deeds, mortgages mechanics liens, tax liens, judgments, assessments, probates and other matters of record

  • Analyze and evaluate pertinent recorded documents for determination of ownership, accurate legal descriptions, and any  effect on the   title to real estate

  • Explain chain of title, exceptions, and requirements to customers and managers

  • Recognize title defects and formulate curative solution

  • Assess risks and liabilities that may jeopardize the company, and bring these matters to the attention of the local title manager, state title manager or underwriter, as appropriate.

  • If required by a specific closing file, review surveys prepared on properties and other proposed documents to be insured such as mortgages, mortgage modifications, etc.

  • Works closely with the title agent and escrow staff to meet deadlines for closings and assist with answering questions related to issuance of the title commitment policies.

  • Return all calls and emails from all parties to the title transaction in a responsive and timely manner

  • Prepare and present seminars to title agents and others relating to real estate topics and other relevant matters.

  • Prepare written underwriting guidelines and memoranda as needed.

  • Perform other duties as assigned by Manager.

 

REQUIREMENTS:

  • 5+ years in the title underwriting experience

  • Extensive knowledge of Real Estate Law  

 

KNOWLEDGE & SKILLS:

  • Strong understanding of fundamental concepts, practices and procedures of real estate title and settlement process 

  • General understanding of underwriting real estate transactions for the issuance of title insurance policies

  • Ability to collaborate and act decisively

  • Detail oriented

  • Excellent listening, verbal and written communication skills

  • Good organizational skills with the ability to multi-task, prioritize and timely follow up

  • Strong negotiation skills

  • Requires abstract thinking and creative solutions


PHYSICAL DEMANDS:
This role is mostly sedentary and requires the ability to sit for long periods each day. While performing the duties of this job, the employee is regularly required to communicate orally. The employee uses hands and fingers to type, handle, and reach. The ability to operate office machinery such as computer, phone, copier, printer, etc. in the commission of daily duties. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.

 

WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

NOTE:  This job description is not intended to be an exhausted list of duties, responsibilities, or qualifications associated with the job

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