Title Insurance Clerk Careers
- Title insurance is a specific type of insurance that protects a homeowner against potential losses associated with property title issues. A property title is a legally enforceable document that shows evidence of ownership. As a home is repeatedly bought and sold, the title of ownership is transferred from the old owner to the new owner. In some cases, a title may be transferred in error or without notifying all individuals listed on title. Title insurance protects the owner's investment in these cases.
- Not only does a title insurance clerk prepare policy documents for title insurance, but individuals in this role may also be required to conduct research to verify and clear current titles. A title clerk might be responsible for examining mortgage documents, records of liens and judgments in addition to property maps, descriptions and county surveys to determine the legal description of the property and the history of ownership. The individual may also prepare reports attesting to the condition of the title and any restrictions present, in addition to providing a letter of clear title to the buyer or mortgage company prior to closing.
- Title insurance clerks must be highly detailed and attentive in their work. Individuals in this position should possess good time management skills in addition to strong organizational abilities. Most title companies work with industry-specific title insurance software and computer programs, but a clerk must also be able to process and organize physical paperwork whenever documents must be filed or mailed to relevant parties.
- Title insurance clerks are similar to administrative professionals in the scope of the work they perform on a daily basis. According to the U.S. Bureau of Labor Statistics, workers who held the position of title examiner, abstractor and searcher earned an average of $43,370 per year or about $20.85 per hour as of May 2010.