Old Republic Title · 2 months ago
Commercial Escrow Officer
IL, Chicago (20 South Clark St, Ste 2900)
Full-time
Onsite
Senior Level
$40/hr - $52/hr
5+ years expOld Republic Title is a leading title insurance company, and they are seeking a Commercial Escrow Officer. This role is responsible for closing commercial transactions, managing escrow functions, and ensuring customer satisfaction during the title and closing services process.
InsuranceMortgageReal Estate
Responsibilities
Closing of commercial transactions including but not limited to preparation of settlement statements, review of escrow instructions, adhering to local closing customs, initiating wires and approving wires as needed, recording documents, trial balance maintenance
Responsible for oversight of escrow assistant(s)
Support Title and Escrow Administrator as needed
Work with underwriting staff and Escrow Administrator on closing and post-closing functions
Coordinate local and national recordings
Manage post-closing escrows
Transaction accounting to include: payments to agents; payments to local offices, booking fees to NCTS office
Ability to work from 8:00 a.m. to 5:00 p.m. Monday through Friday; or as agreed to with NCTS Manager
Ability to supervise assistants and support staff, as necessary
Ability to prioritize, organize and handle multiple site projects and portfolios
Be responsible for the management of revenue
Must be personable, positive and a professional representative of the Company
Regular consistent attendance is required
Ability to accept supervision
Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along and interact with others, i.e., peers, supervisors, outside customers, and vendors, by email, phone and in person
Ability to work overtime as requested and approved by supervisor
Qualification
Required
Proven 5-7 years Commercial Escrow Closing experience required
Excellent verbal and written communication skills
Excellent interpersonal and customer service skills
Ability to prioritize and handle multiple projects
Strong attention to detail and organizational skills
Proficient in Microsoft Office and Outlook
Benefits
Comprehensive medical, prescriptions, dental and vision plans
401(k) plan with a discretionary company match
Shareholder Purchase and Reinvestment Plan
Basic life and accidental death and dismemberment insurance premium paid by the company
Voluntary supplemental life insurance for employees, spouses and dependent children
Fertility and Family Building Benefits
Paid Disability benefits
Paid time off programs
11 Company paid holidays per year
Flexible spending account
Health savings account (available to High Deductible Health Plan participants only)
Employee Assistance Program
Educational Assistance Program
Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
Transportation benefit plan for mass transit, parking and vanpool, in several markets
Company
Old Republic Title
Old Republic Title is one of the largest title insurance groups* in the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Carolyn Monroe
President and CEO
Blane Bauch
SVP Chief Revenue Officer | National Services Division
Company data provided by crunchbase