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Senior Underwriting Counsel
Posted on 10/3/2022
INACTIVE
Locations
Midlothian, VA, USA • Fairfax, VA, USA • Richmond, VA, USA • Glen Allen...
Experience Level
Entry
Junior
Mid
Senior
Expert
Requirements
  • Strong understanding of Virginia real estate and taxing statues
  • Excellent 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
  • Excellent understanding of underwriting real estate transactions in Virginia 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
  • Ability to 'think outside the box' and make unique yet sound decisions to resolve complex issues
  • Ability to build relationships and create rapport
  • Law Degree required
  • Admitted to practice in state of employment
  • 5+ years title underwriting experience
  • Must be familiar with real estate law
Responsibilities
  • Examine title searches or Abstract reports for the preparation of Commitments for Title Insurance
  • Prepares appropriate write-ups for commitments and policies with extended coverage
  • Utilizes underwriting standards and guidelines within delegated authority limits, to underwrite the issuance of title insurance
  • Provides underwriting support, counsel, and authorization to company personnel, and customer(s), related to the issuance of real estate title insurance commitments and policies
  • Advises internal and external clients on Virginia specific title and real estate settlement nuances. Utilizes underwriting standards and guidelines within delegated authority limits, to underwrite the issuance of title insurance
  • Interprets earnest money, escrow and purchase agreements as they relate to closing and prepare all documents required for transactions, including settlement statements
  • Provides guidance to company personnel in the performance of real estate settlement services
  • Responsible for communicating information related to underwriting and real estate settlement services from superiors to other employees
  • Properly prices commitments, endorsements, policies and guarantees using appropriate schedule of fees and charges
First American

10,001+ employees

Title insurance & professional settlement services
Company Overview
First American is on a mission to provide comprehensive title insurance protection and professional closing/settlement services that produce clear property titles and enable the efficient transfer of real estate.
Benefits
  • 401k matching
  • Health, vision, dental insurance
  • Professional development