Commercial Underwriter - Hybrid at First American

Seattle, Washington, United States

First American Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, InsuranceIndustries

Requirements

  • 5-7 years title underwriting experience, commercial experience preferred
  • Must be familiar with real estate law, including federal and state regulations
  • Strong understanding of fundamental concepts, practices and procedures of real estate title and settlement process
  • Strong analytical rigor and business acumen
  • Strong negotiation skills and ability to provide alternative solutions or convey unpopular information with tact
  • Ability to collaborate and act decisively; build relationships internally and externally
  • Excellent listening, verbal, and written communication skills
  • Strong organizational skills with the ability to multi-task, prioritize and timely follow up
  • Abstract thinking and creative solutions

Responsibilities

  • Provide underwriting support, counsel, and authorization to company personnel and customers related to the issuance of real estate title insurance commitments and policies
  • Utilize underwriting standards and guidelines within delegated authority limits, to underwrite the issuance of title insurance
  • Provide guidance to company personnel in the performance of real estate settlement services
  • Issue underwriting standards and guidelines in accordance with established company processes

Skills

Key technologies and capabilities for this role

UnderwritingTitle InsuranceRisk AnalysisReal Estate TransactionsSettlement Services

Questions & Answers

Common questions about this position

What is the salary range for the Commercial Underwriter position?

The pay range is $104,025-$138,675 annually. Pay is based on a number of factors.

Is this Commercial Underwriter role remote or hybrid?

The position is hybrid, as indicated by the job title.

What skills and experience are required for the Commercial Underwriter role?

Candidates need 5-7 years of title underwriting experience (commercial preferred), familiarity with real estate law including federal and state regulations, strong analytical rigor, business acumen, negotiation skills, communication skills, and organizational abilities.

What is the company culture like at First American?

First American has a people-first culture that fosters an inclusive environment where employees feel welcome, supported, and empowered to innovate and reach their full potential. The company has been named to the Fortune 100 Best Companies to Work For list for ten consecutive years and received awards for being a great place for women, diversity, and LGBTQ+ employees.

What makes a strong candidate for the Commercial Underwriter position?

A strong candidate will have 5-7 years of title underwriting experience, preferably in commercial real estate, strong analytical and negotiation skills, familiarity with real estate law, and excellent communication and organizational abilities to collaborate effectively.

First American

Provides title insurance and real estate services

About First American

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process from any device. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, making it a leading provider of real estate data solutions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Santa Ana, CaliforniaHeadquarters
1889Year Founded
$800.2MTotal Funding
VENTURE_UNKNOWNCompany Stage
Financial Services, Real EstateIndustries
10,001+Employees

Benefits

401k matching
Health, vision, dental insurance
Professional development

Risks

Data breach allegations could harm First American's reputation and lead to legal issues.
Integration of Mother Lode may face challenges and financial risks.
Dependence on digital transformation poses risks if technology advances rapidly.

Differentiation

First American offers comprehensive title insurance and settlement services nationwide.
The company provides a vast database of over 5.5 billion document images.
First American's digital platform, myFirstAm®, enhances real estate transaction efficiency.

Upsides

Acquisition of Mother Lode expands First American's market share in California.
Docutech purchase boosts First American's digital mortgage revenue by 38%.
Growing fintech trends align with First American's digital transformation strategy.

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