Commercial Settlement Officer jobs in United States
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TIH · 3 months ago

Commercial Settlement Officer

TIH is a leading title insurance agency seeking a highly self-motivated and experienced Commercial Settlement Officer. The role involves creating and managing settlement statements, verifying wire instructions, and ensuring effective communication throughout the transaction process.

Insurance
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Comp. & Benefits

Responsibilities

Responsible for creating and sending out settlement statements for either sale or financing statements and uninsured files.  With directions from the Borrower, Lender and Seller they include adding invoices, adding lender fees, payoffs, prorations and any other items directed by the parties to the statement and circulating drafts to the parties, managing correspondence throughout the transaction with the parties and updating statements accordingly as changes come over and working with the parties to finalize and send around executed statements once the parties agree to the costs
Responsible for verifying wire instructions, creating and sending funding packages to our accounting team, making sure checks, invoices and FedEx labels are created and saved to the files for the accounting team to send out as well
Once wires are initiated the settlement coordinators are also responsible for sending out confirmations of the wires to the parties with the Fed Reference numbers for their files
Settlement is also engaged when deposits or funds need to be sent if a deal is cancelled or a deposit needs to be sent for Post-Closing items, or if another company is funding a closing
Other duties as assigned

Qualification

Title InsuranceCommercial Settlement ExperienceSoftPro SelectCustomer ServiceTime ManagementProblem-SolvingEffective Communication

Required

Candidates with experience and strong knowledge of Title Insurance are encouraged to apply
10+ plus years of experience in a commercial settlement role or similar
Knowledge of SoftPro Select a plus
Great time management skills
Outstanding work ethic with the ability to work in both team oriented and self-directed environments
Detail-oriented and professional; able to handle confidential information
High level of accountability
Customer service oriented
Creative problem-solving skills
Ability to communicate effectively (written and verbal)
Ability to work in a fast-paced environment and handle multiple tasks simultaneously

Benefits

Health insurance
Dental insurance
Vision insurance
Employer Paid Life insurance
Employer Paid LTD
Paid Time Off
401(k)
401(k) Employer Match
Flexible Spending Account
Health Savings Account
Employee Assistance Program

Company

TIH

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TIH, the fifth largest insurance broker in the United States, offers highly consultative risk management services and nearly all types of coverage, including personal, small business, corporate, employee benefits, life and health, and title.

Funding

Current Stage
Late Stage
Total Funding
$1.95B
2024-02-20Private Equity
2024-02-20Acquired
2023-02-16Secondary Market· $1.95B

Leadership Team

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John Howard
Chairman & CEO
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Jeremy Davis
Chief Technology Officer
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Company data provided by crunchbase