Senior Claims Counsel – Title Insurance at First American

Berwyn, Pennsylvania, United States

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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

Title Insurance

Claims Management

Legal Analysis

Coverage Determination

Litigation Oversight

Negotiation

Claims Investigation

Risk Assessment

Escrow Claims

Policy Evaluation

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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