What are the responsibilities and job description for the Commercial Underwriter position at Systems Int Ltd?
Job Summary:
The Underwriting and Commercial Clearance Counsel is responsible for handling confidential and time-sensitive commercial transaction matters. This role ensures that pre-closing, closing, and post-closing activities are completed accurately, efficiently, and in compliance with legal and regulatory requirements. The position requires significant underwriting expertise, legal analysis, and the ability to manage multi-state commercial real estate transactions.
Key Responsibilities:
- Provide title insurance underwriting support for national commercial real estate transactions handled by the NCS offices in Hoboken, NJ, and New York City.
- Review legal documents, including deeds, mortgages, court orders, regulations, and other instruments for legal sufficiency.
- Issue written approvals for transactions exceeding single risk liability limits.
- Offer guidance on general underwriting matters and assist in transaction closings as needed.
- Support claims resolution, continuing education initiatives, and compliance with state regulations related to title insurance.
- Maintain electronic records of underwriting proofs, approvals, and decision justifications.
Essential Expectations:
- Maintain confidentiality in handling sensitive transaction matters.
- Work a standard schedule (8 a.m. – 5 p.m., Monday through Friday) with flexibility for after-hours events and additional work as necessary.
- Serve as a professional and positive representative of the company.
- Demonstrate the ability to both accept and provide supervision.
- Develop and maintain professional, collaborative relationships with colleagues, management, and external stakeholders.
- Communicate effectively through email, phone, Microsoft Teams, and in-person interactions.
- Engage in continuous learning and professional development, including company-assigned continuing education programs.
- Apply legal logic and analysis to a variety of complex underwriting and title insurance matters.
- Understand and apply principles of title insurance, including products, policies, and endorsements.
Required Qualifications & Experience:
- Juris Doctor (JD) degree; active and current member of a State Bar.
- Minimum of five (5) years of experience in an underwriting role.
- Expertise in multi-state, multi-property commercial title transactions.
- Strong knowledge of commercial insurance coverage and real estate terminology.
- Exposure to residential title matters is a plus.
- Excellent verbal and written communication skills.
- Strong organizational skills with the ability to prioritize and manage multiple projects simultaneously.
- Proficiency in Microsoft Office Suite and RamQuest, with a willingness to learn new software systems.
Work Environment:
- Standard office setting with a hybrid or remote work option, as determined by company policy.
- Regular attendance required, including potential after-hours company events.
Other Duties:
- Additional responsibilities may be assigned as needed to meet operational and organizational objectives.
Job Type: Full-time
Pay: $170,000.00 - $175,000.00 per year
Schedule:
- Monday to Friday
Work Location: In person
Salary : $170,000 - $175,000