Escrow Officer (in office)

Posted 3 Hours Ago
Be an Early Applicant
Duluth, MN, USA
In-Office
24-33 Hourly
Mid level
Insurance • Real Estate
The Role
The Escrow Officer manages real estate transactions by establishing escrow accounts, processing documents, ensuring fund disbursement, and completing settlements.
Summary Generated by Built In
Who We AreJoin a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We DoEnable you to provide best in class service and support to your clients by leveraging industry leading technology and the strongest escrow and underwriter partners in the business. We are transforming the residential real estate experience one closing at a time.
Come join First American, where we recognize our true worth is our people.  We are looking to add an Escrow Officer to our growing team. 
In this role you will work in a dynamic, fast-paced setting focused on customer service and closing deals. This role requires exceptional decision-making skills, strong communication skills and the ability to multi-task as part of a team.
The Escrow Officer is responsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures. This position plays a key role in making the dream of home ownership a reality.  
This is an in-office position located at 4903 Matterhorn Dr, Duluth, MN

What You’ll Do

  • Complete real estate escrow transactions by determining requirements 
  • Act as a neutral liaison between file parties, adhere to company policy, and monitor and mitigate risk to the company 
  • Responsible for ensuring that all funds are properly accounted for and disbursed in accordance with the terms of the contract and our company policy 
  • Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction 
  • Examine property titles, mortgages, and trust deed documents 
  • Prepare legal documents for the closure of the sale 
  • Complete closing by recording and filing documents, preparing, and distributing final closing statements and title 

 

What You’ll Bring

  • 2-4 years of escrow-related experience 
  • Experience directly handling escrow transactions
  • Openness to new technology and proprietary programs; adjusts easily to new workflow 
  • Passion for helping customers while maintaining a professional and positive attitude 
  • Excellent verbal and written communication with both our internal team and external customers; comfortable using various types of communication to meet customer needs 
  • Problem solver with strong organizational skills, is detail oriented, and knows how to navigate internal and external resources to resolve issues 
  • Thrives in contributing to a team working together to deliver beyond customer expectations  
  • Comfortable guiding and supporting future talent learning the business 
  • Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies  
  • Valid Licensing/Certification as required by applicable state 
  • High school diploma or equivalent 

Pay Range: $24.42 - $32.56 Hourly
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.
What We OfferBy choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

Skills Required

  • 2-4 years of escrow-related experience
  • Experience directly handling escrow transactions
  • Valid Licensing/Certification as required by applicable state
  • High school diploma or equivalent

First American Title Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about First American Title and has not been reviewed or approved by First American Title.

  • Healthcare Strength Health coverage includes medical, dental, vision, telehealth, and healthcare advocacy services, and is often described as a strong point. Low‑cost options in some cases help overall compensation feel more reasonable.
  • Retirement Support A 401(k) savings plan with a company match is part of the package. This retirement support is highlighted as helping to offset base‑pay concerns in several roles.
  • Equity Value & Accessibility An employee stock purchase plan is available and viewed favorably. Access to discounted equity contributes to the perceived competitiveness of total rewards.

First American Title Insights

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The Company
HQ: Santa Ana, CA
13,104 Employees
Year Founded: 1889

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).

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