Essential Functions
- Investigate, evaluate, determine loss and defense coverage liability and resolve claims
- Establish settlement and expense reserves
- Determine need to retain outside counsel
- Manage claims and/or litigation through to final resolution
- May address escalation of day-to-day personnel, claims and other operational issues
- Negotiate with claimant / opposing counsel / third parties for resolution
- Attend mediations and other required court appearances / processes
- Review and approve invoices for costs and attorneys’ fees
- Perform / assist initial evaluation for recovery
Job Complexities
- Assignments are broad in nature, usually requiring originality and ingenuity. Operates with substantial latitude for un- reviewed action or decision and has ability to evaluate matters which may have a major bearing on the conduct of the organization’s business
Supervision Received or Extended
- Works independently setting own priorities and objectives with supervisory consultation. Work reviewed for soundness of judgment and overall accuracy
Knowledge and Skills/Technology Used
- Possesses and applies a broad knowledge of principles, practices, and procedures of particular field of specialization to the completion of difficult assignments.
- Excellent communication, negotiation and organizational skills
Typical Education
- Law Degree required
- Admitted to practice law in US
Typical Range of Experience
- Typically has 4+ years professional experience in title insurance / title underwriting and in depth knowledge on title insurance claims and resolution
License or Certification
- Licensed to practice law in good standing
The pay range for this role is $95,350.00 - $127,125.00
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed.
What We Do
First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The First American Family of Companies’ core business lines include title insurance and closing/settlement services; title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust, and investment advisory services.
First American Title Insurance Company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans.
First American's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate.
As one of the largest title insurance companies in the nation, First American offers title insurance and settlement services through its direct operations and an extensive network of agents throughout the United States and internationally.
First American Title Insurance Company traces its history to 1889 and is the largest subsidiary of First American Financial Corporation (NYSE: FAF).
