[Hiring] National Underwriter @Blue Owl Capital

Role Description

• Work through and resolve commitment issues, objection letters, proforma issues and final policies for licensed states with customer and underwriters.
• Analyze recordings including liens, judgments, easements, surveys, legal descriptions, and vesting documents to identify risks and verify title conditions.
• Create workshare invoices on national files.
• Oversee closings conducted by national underwriters including review of the clearance, escrow instructions, closing documents and the settlement statements.
• Serve as primary point of contact throughout the transactions up to closing.
• Ensure recordings have been submitted by underwriter and final policies have been issued by underwriters.
• Independently and proactively identify possible title insurance coverage issues on national transactions and work with national underwriters and other transaction parties to negotiate solutions on such matters.
• Independently review and approve all transaction-required documentation, such as deeds, security instruments, affidavits, organizational and authority documents, releasees, etc. that are necessary to the issuance of a title policy.
• Negotiate and calculate title premiums and fees on commercial real estate transactions.
• Properly provide pricing for commitments or reports, endorsements, final policies and guarantees using appropriate schedules.
• Thorough understanding of fundamental title insurance and underwriting concepts, such as title exceptions, affirmative coverages and endorsements, surveys and survey coverage, non-imputation, co-insurance, mezzanine endorsements and similar matters.
• Comprehensive understanding of industry workshare model and regulatory limitations and ability to oversee and facilitate team compliance with related Sightline policies and procedures.
• Primary contact for all workshare partners and underwriters; facilitate and coordinate interaction and cooperation among multiple underwriter(s) and workshare partners on transactions, where applicable.
• Oversight of deal pipeline information and reporting.
• Prepare invoices for national commercial transactions and licensed state transactions where applicable.

Qualifications

• Experience with national/workshare relationships and workflows.
• 7+ years experience with commercial transactions (portfolio transactions a plus).
• Ability to independently manage complex, high-dollar and time sensitive transactions.
• Proficiency with Softpro.

Requirements

• Base annual salary range for this Chicago, Dallas or remote-based non-exempt position will be $140,000 to $165,000.
• Actual salaries may vary based on factors, such as skill, experience, and qualification for the role.
• Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Benefits

• Blue Owl is proud to be an Equal Opportunity Employer.
• We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.