Commercial Underwriting Counsel

Boston, MA
Full Time
06-24-2021
Practice Areas: Real Property Job #: 00EQN Exp.: 1 - 2 Years
Description:
Job Summary:
Add value and provide answers and guidance to customers and company agents on real estate closings and title insurance matters and determine company's willingness and ability to insure those risks.

Job Roles:
  • Research of various state underwriting practices and development of guidelines and search procedures to complement Company’s underwriting standards
  • Provides guidance to company personnel in the performance of real estate settlement services
  • Issues underwriting standards and guidelines in accordance with established company processes
  • Assist underwriting team in addressing coverage issues raised in the underwriting and negotiation process to assist in the successful closing of business opportunities
  • Remain current on industry claims and coverage issues and communicate issues to underwriting team to ensure complete awareness. Assist, where appropriate, in the determination of underwriting philosophy and appropriate handling based upon the changing legal environment
  • Assist in agent and internal employee education through webinars and seminars

Qualifications:
Role Specific Knowledge:
  • Must have thorough knowledge of title insurance rates and rules for all states licensed and be abreast of all current developments in rules in the licensed states
  • Must have knowledge of title insurance underwriting standards for each state assigned
  • Must have the ability to discuss and review proposed requests for coverage to determine potential risks; to suggest and provide adequate language in title commitments, policies and endorsements which will protect the company's interest while assisting the agents
  • Must be able to issue underwriting guidelines in keeping with risk decisions of management and keep management aware of risks undertaken and possible consequences
  • Microsoft Office proficient
  • License to practice law in good standing
  • Ability to collaborate and act decisively
  • Detail oriented
  • Excellent listening, verbal and written communication skills
  • Strong organizational skills with the ability to multi-task, prioritize and timely follow up
  • Strong negotiation skills
  • Requires abstract thinking and creative solutions

Education, Licensure, and Experience:
  • Completion of an undergraduate degree
  • A Juris Doctorate is required
  • Possession of a Law license in designated state
  • Minimum of 1-2 years of experience in Law Office which includes experience in Real Property Law.

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