Commercial Real Estate Paralegal

Commercial Real Estate Paralegal

The Commercial Real Estate Paralegal plays a pivotal role in supporting the legal, underwriting, and escrow operations at Old Republic Title. This position is responsible for managing complex real estate transactions and ensuring that all legal, procedural, and administrative aspects are handled accurately and efficiently. The paralegal provides legal and administrative support to Underwriting, including Commercial Services, Underwriting Counsels, Commercial Examiners, Underwriting Management, and Escrow Services. Hybrid - This is a hybrid role based out of our Andover, MA office. Primary responsibilities include:

• Independently facilitating member closings, including closing statement preparation, document preparation, recording, phone and email communications with members and other parties, and coordination with Escrow Services.
• Preparing pro-forma policies and endorsements.
• Preparing final title policies.
• Processing draw requests, including ordering title updates and preparing endorsements and invoices. Maintaining construction services files.
• Partnering with Escrow Services and Underwriters team to review, edit, and have executed, any escrow agreements and provide information and proper documentation required for deposit of funds into escrow accounts.
• Overseeing and creating invoicing for Commercial Services fees.
• Working with Underwriters, and company's offices, agents, and attorneys nationwide to refer, coordinate, track, and follow-up on in-state orders.
• Assisting staff with inquiries related to Escrow Services.
• Ability to work overtime as requested by management.

Education:

• High school diploma or equivalent.
• Paralegal degree/certification or minimum 3 years of related practical experience with a law firm or commercial title insurer.

Experience:

• Minimum of two (2) years' experience as a commercial real estate paralegal, including title insurance commitments, policies, settlement statements, closings, and post-closing, preferred.
• Bookkeeping experience preferred.

Knowledge/Skills/Abilities:

• Experience with closing software
• Knowledge of the title insurance and information industry is preferred.
• Strong oral and written communication skills and the ability to communicate concisely and politely.
• Ability to independently process commercial and large transactional real estate closings from start to finish.
• Strong mathematical skills.
• Detail oriented.
• Able to multi-task and prioritize work to meet deadlines.
• Excellent problem solving and organizational skills.
• Able to build and maintain strong relationships with internal and external customers.
• Able to work independently.
• Windows and Microsoft Office competency (including but not limited to, intermediate to advanced Excel competency, word processing, navigating in databases, and creating presentations)

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range:

$45.00 - $50.00 an hour.

Benefits may include:

• 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

Old Republic Title is an Equal Opportunity Employer