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Arkansas Employer Commercial Agent in Rogers, Arkansas

This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4153058

Under the limited direction of the assigned manager, the Commercial Agent will receive requests for title insurance on commercial properties with the average value of \$500,000 and above. The incumbent will analyze documentation to determine the type of coverage /endorsement that can be afforded based on the type of transaction. The Commercial Agent will work with attorneys and the underwriter to ensure that any extra hazardous conditions the company is asked to insure are available. The Commercial Agent will also close the loan, prepare the commercial settlement statements, and disburse the proceeds in a timely manner so that the company does not incur a financial loss.

ESSENTIAL DUTIES AND RESPONSIBILITIESinclude the following. Other duties may be assigned.

  1. Analyze documents to determine if and/or how they affect the title to a particular parcel of real property for complex commercial real estate files.
  2. Analyze title endorsements and draft coverages requested by customers and/or attorneys. Determine type of coverage/endorsement that can be afforded based on transaction type.
  3. Work directly with title insurance underwriter in determining coverages available and extra hazardous conditions that the company is asked to insure.
  4. Read and draw legal descriptions to determine if it is a valid and insurable legal.
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