New England Underwriting Counsel - Westcor Land Title Insurance Company
3 days ago
Melville
Job Description Position Summary: Provides underwriting support, counsel, and authorization to company personnel, and 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 guidelines in accordance with established company processes Essential Duties and Responsibilities: • Determine the conditions of the title and insurability by considering the effect of documents such as deeds, mechanics liens, tax liens, judgments, assessments, probates and other matters of record, • Protect the company from risk by analyzing recorded documents for ownership accuracy, legal description precision, and potential impact on title. 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 senior underwriting counsel, or chief underwriting counsel, as appropriate., • Review surveys prepared on properties and other proposed documents to be insured such as mortgages, mortgage modifications, etc., • Work 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 and policies, • Juris Doctor (JD) required; licensed attorney in good standing in the state of employment with t5+ years title underwriting or related real estate law experience preferred, • Must be familiar with real estate law, • Strong understanding of fundamental concepts, practices and procedures of real estate title and settlement process, • General knowledge of Federal and State regulations related to real estate title insurance and settlement services, • 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, • Collaborative team player with the ability to act decisively and meet deadlines, • Creative problem-solver with the ability to apply abstract thinking to complex title issues Physical Demands • The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations maybe made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate. Westcor offers some great perks: • Health, dental, and vision benefits, • Employer-paid disability and life insurance, • Flexible spending accounts, • 401K with company match, • Paid time off and company-paid holidays Note: This job description is not intended to be an exhaustive list of duties, responsibilities, or qualifications associated with the job.