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Lennar Corporation

Escrow Officer

Posted 9 Days Ago
Be an Early Applicant
In-Office
Schaumburg, IL, USA
28-44 Hourly
Mid level
In-Office
Schaumburg, IL, USA
28-44 Hourly
Mid level
Prepare and manage all escrow and closing documents and processes, clear title conditions, reconcile and disburse funds, train/supervise associates, solicit business, and ensure compliance with escrow accounting, Good Funds Law, and title insurance requirements.
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Escrow Officer

We are Lennar Title

Lennar Title is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life.

At Lennar Title, you’ll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.

A Career that Empowers You to Build Your Future

The Escrow Officer (on-site) prepares of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements and issuance of title insurance. Develops and maintains business by utilizing marketing and customer service techniques.

Your Responsibilities on the Team 

  • Communicates and coordinates daily responsibilities with the Branch or Escrow Manager
  • Obtains demands/releases to clear title
  • Draws instructions and supporting documents for signing
  • Audits and closes file when all funds and documents are received
  • Disburses funds
  • Writes escrow instructions consistent with the require­ments of the parties and obtains their approval
  • Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits
  • Reviews commitment and/or preliminary title report to verify vesting and legal description
  • Reconciles discrepancies between instructions and title report with title officer and/or principals
  • Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
  • Directs and may participate in the preparation of settlement sheets
  • Trains, supervises, guides and assigns work to other associates in office
  • Maintains confidentiality of all proprietary information and escrow transactions
  • Understands and complies with escrow accounting procedures
  • Understands and complies with Good Funds Law
  • Solicits business in-person, development functions or activities or virtual
  • Prepares Account Servicing Setups, if applicable
  • Knows Rate Manual and quotes accurate fees

Your Toolbox

  • High School diploma or equivalent
  • At least 3 years of Escrow Officer experience
  • Supervisory experience is preferred
  • Notary license is required
  • Valid driver's license and reliable transportation is required

Life at Lennar Title

At Lennar Title, Everything’s Included in our homes, and Everyone’s Included on our team. Our Everyone’s Included vision is to unleash the power of diversity within our workforce to drive innovation and sustainable growth.

At Lennar Title, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Physical & Office/Site Presence Requirements:

Regular, in-person attendance at Company communities/job sites and offices during regular work hours is an essential function of this job. Requires the ability to work more than eight hours per day in the confined quarters of a construction trailer, the ability to operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, lift, move and/or carry equipment which may be in excess of 50 pounds. Job may require occasional operation of construction equipment. Finger dexterity may be required to operate a computer keyboard and calculator. 

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associates. Duties, responsibilities and activities may change at any time with or without notice.

During the course of your employment, you may be required to use, download, or access certain Company-approved tools, programs, applications, or systems. These resources may include, but are not limited to, applications designed for customer engagement, operational efficiency, data analysis, Artificial Intelligence (AI) tools, and other business functions. 

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

  • This information is intended to be a general overview and may be modified by the company due to factors affecting the business.


General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an hourly rate of $27.82 - $44, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
  • This position may be eligible for bonuses.
  • This position may be eligible for commissions.
  • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Life at Lennar

At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.

Join the fun and follow us on social media to see what's happening at our company, and don't forget to connect with us on Lennar: Overview | LinkedIn<https://www.linkedin.com/company/lennar/> for the latest job opportunities.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.

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