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Escrow Closing Officer

Chicago Title Insurance Company
Peoria, IL Full Time
POSTED ON 2/26/2025 CLOSED ON 4/28/2025

What are the responsibilities and job description for the Escrow Closing Officer position at Chicago Title Insurance Company?

Position Summary
Outgoing, detail-oriented candidate to work with Attorneys, Realtors and Lenders to close real estate transactions for the nation's largest insurance provider in our Peoria, IL operation. Manage and facilitate the closing process for residential real estate transactions. Tasks include preparation and assembly of closing documents and settlement statements. Balance receipts and disbursements. Carefully review all closing instructions and agreements. Should be able to prioritize and be able to make independent decisions. Work closely with title officers, the underwriting team, and directly with customers and consumers to resolve any issues and to get transactions closed and funded. Superior verbal and written communication skills required with the experience necessary to effectively handle and address any situation that surfaces during the process.

THIS IS NOT A REMOTE POSITION.

Duties

Open escrows and collect the required instructions, documents and funds necessary for closing. Manage work flow and provide customer support to buyers, sellers, borrowers, real estate agents, mortgage brokers and lenders. Must be able to effectively communicate with customers and build relationships. Adhere to company policy and procedures. Gather and confirm the accuracy of closing documents. Collect all documents necessary to clear title.

  • Review documents, closing instructions and closing figures submitted by REALTORS, Attorneys and Lenders for compliance and requirements to close
  • Communicate requirements and give status updates to all parties in the transaction whether those parties are in person or remotely attending the closing
  • Enter closing figures, balance and finalize settlement statements and distribute to appropriate parties
  • Create transaction documents as required based on the requirements, instructions and details of each transaction
  • Obtain signatures and notarize documents
  • Work with title officers and underwriting to clear title exceptions
  • Receive and disburse funds and obtaining funding approval for escrow closings
  • Timely submission of accurate documents for recording

Requirements

Must be familiar with title and escrow duties. Experience with practices, procedures and concepts within the title insurance industry. Ability to quickly assess situations and make decisions. Ability to organize, analyze and distribute information. Must be able to spot and address irregularities or issues. Detail- oriented, task driven, team player and professional. Able to handle confidential information and documents. Must have excellent math and/or accounting skills. Provide timely customer support. Ensure compliance with instructions.

  • Strong customer focus
  • Ability to work with others as part of a team
  • Excellent verbal and written communication
  • Attention to detail
  • Problem solving
  • Familiarity of the concepts, terms, procedures and practices of real estate closings
  • SoftPro Select software experience a plus but not required
  • Illinois Notary

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Overtime

Experience:

  • Escrow Closing: 1 year (Preferred)
  • Escrow Closing/Title Insurance: 1 year (Preferred)

Ability to Relocate:

  • Peoria, IL 61614: Relocate before starting work (Required)

Work Location: In person

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