Senior Claims Counsel – Title Insurance at First American

Berwyn, Pennsylvania, United States

First American Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Law Degree required
  • Licensed and in good standing to practice law in any state of the United States
  • 12+ years of experience with emphasis on real estate matters (title/ownership of real property, liens/easements/encumbrances, escrow, etc.), insurance coverage, including some litigation, mediation, and arbitration experience
  • Specific expertise with title insurance, escrow and lender matters highly desirable
  • Excellent written and verbal communication, negotiation and organizational skills
  • Ability to develop, evaluate and implement resolution strategies to fully conclude a claim
  • Experience handling claims and insurance coverage
  • Ability to work independently and exhibit originality and ingenuity
  • Initiative, sound judgment, ability to make independent decisions, team player, excellent analytic and legal skills, experience in matters involving complex legal issues

Responsibilities

  • Investigate the facts and issues of the claim, determine whether coverage exists, evaluate loss under the title policy, assess defenses for the insured and/or the company, determine need to retain outside counsel, develop and carry out a plan to address the claim and manage the claim and/or litigation through to final resolution
  • Negotiate settlements and resolutions with claimant / opposing counsel / third parties
  • Appear as company representative in court proceedings, mediations, settlement conferences and trials
  • Manage claim budget, review and approve outside counsel invoices and other expenses and determine settlement and expense reserves
  • Direct outside counsel on litigation strategy through the course of claim administration and litigation
  • Identify and pursue sources for recovery

Skills

Key technologies and capabilities for this role

Title InsuranceClaims ManagementLegal AnalysisCoverage DeterminationLitigation OversightNegotiationClaims InvestigationRisk AssessmentEscrow ClaimsPolicy Evaluation

Questions & Answers

Common questions about this position

What qualifications are required for the Senior Claims Counsel position?

Candidates must have a Law Degree, be licensed and in good standing to practice law in any state of the United States, and possess excellent written and verbal communication, negotiation, and organizational skills.

What is the company culture like at First American?

First American fosters an inclusive, people-first culture where employees feel welcome, supported, and empowered to innovate and reach their full potential, earning accolades like the Fortune 100 Best Companies to Work For for ten consecutive years.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Senior Claims Counsel role?

Strong candidates will have a law degree, active bar licensure, and demonstrated excellence in written/verbal communication, negotiation, and organizational skills, along with the ability to develop and implement resolution strategies for claims.

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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