Summary of Position:
NATIC underwriting counsel assist in underwriting decisions pertinent to residential and commercial properties located within a specific geographic region (NY and New England) and as back-up in other states. Acts as substitute in-house legal counsel; provides advisory guidance to associates, independent agents and customers on underwritten files. Monitors and manages high liability approvals. Communicates with and assists customers regarding company's products and services. Develops regional agent education and written Bulletins and training materials. Assists associates with the legal aspects of title and closing issues. Represents company in state and national land title associations, rating bureaus, reviews and maintains compliance with state regulations, laws, statutes, and regulations. Maintains confidentiality. Refers to company's other Underwriting Counsel for consultation.
Principal Duties and Responsibilities:
The following duties are typical of those performed by associates in this job title; however, assigned duties may vary and associates may perform other related duties, and not all duties listed are necessarily performed by each associate in the job title or at a particular location.
Under general supervision:
• Underwrites commercial and residential title closings.
• Assists independent and affiliated agent title and escrow officers on extraordinary issues, questions and closing problems.
• Supports Company efforts with assigned state regulators, rating agencies and bureaus and licensing organizations.
• Reviews and approves high liability orders within maximum approved limits.
• Provides independent and affiliated agent training.
• Advises and meets with independent and affiliated agents regarding escrow and title closing issues.
• Supports independent and affiliated agents with marketing efforts directed at attorneys, lenders, realtors or buyer/seller clients.
• Responds to claims problems, advises the title or escrow officers involved with Claims Department approval.
• Participates as requested by management in marketing and education efforts, including developing and making presentations to large and small groups, writing Bulletins and articles for NATIC and outside publications.
• Stays current and distributes to staff information regarding new laws and procedures.
• Involvement in title industry associations, state and local title organizations as well as related industry and state bar associations and state rating bureaus (WA and OR).
• Advise Claims Department
• Travel on company business within state and without.
• Other duties and responsibilities as assigned by Chief Underwriting Counsel.
Education and Experience Requirements:
• Juris Doctorate degree.
• Continuing legal education requirements.
• Minimum 2-5 years title insurance underwriting experience while working with another underwriter or with title agency.
• Member of Bar Association and license to practice law in at least one primary assigned state and willingness to secure license in additional states as warranted by corporate growth.
• Title insurance underwriting experience and background.
• Knowledge of real estate and title insurance law in assigned state(s).
• Effective written and oral communication skills.
• Relevant computer skills: Outlook, Excel. Powerpoint, Slack, Microsoft Teams, various title data bases.