Senior Product Underwriting Counsel (Remote)

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office or Remote
129K-172K Annually
Senior level
Insurance • Real Estate
The Role
Lead underwriting strategy for AI-enabled products, identify and manage title insurance and model-related risk, advise product/engineering/data teams, ensure regulatory and underwriting compliance, liaison between transaction underwriters and product teams, mentor junior counsel, and contribute to enterprise product underwriting principles.
Summary Generated by Built In
Who We AreJoin a team that puts its People First! 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 DoProduct Underwriting Counsel roles provide title insurance underwriting expertise to teams building modern technology products that involve or affect title insurance policies or underwriting processes. These roles serve on multidisciplinary product teams, typically comprised of product managers, designers, researchers, and engineers, where they identify and manage title insurance risk, and provide subject matter expertise in title insurance law, title insurance coverage, real estate conveyancing law, and real estate transaction pathways. Product Underwriting Counsel roles interface with transactional underwriters across the organization, and also interface with Legal Department colleagues who are responsible for legal issues outside the realm of title insurance coverage.

What You'll Do:

  • Leads underwriting vision and strategy for a technology or AI-enabled product or product line, including tools that augment underwriting decision-making, risk evaluation, and operational efficiency.
  • Identifies, evaluates, communicates, and manages title insurance, regulatory, operational, and model-related risk associated with a technology or AI-enabled underwriting tool.
  • Provides underwriting, title insurance, real estate conveyancing, and underwriting workflow subject matter expertise to product managers, designers, researchers, engineers, and data science/AI teams.
  • Partners with product, engineering, and data science teams to design and deploy AI-assisted underwriting tools and workflows.
  • Collaborates with legal, compliance, information security, and risk management stakeholders to support responsible and compliant use of AI technologies.
  • Serves as a strategic liaison between transaction underwriters and technology teams to ensure AI-enabled products align with real-world underwriting practices.
  • Holds a leadership role in product strategy discussions.
  • Interfaces with stakeholders in other departments and helps clear roadblocks to product success.
  • Demonstrates deep knowledge of market dynamics, competitive threats, and competitive advantages.
  • Translates complex title insurance and real estate concepts into clear ideas accessible to product team members in ways that influence product strategy.
  • Translates complex technology product concepts into clear ideas accessible to transaction underwriters in ways that influence transaction underwriting protocol.
  • Executes tasks and assignments on the product roadmap.
  • Partners with product manager to drive product evolution and priorities.
  • Mentors and trains more junior product underwriting counsel.
  • Contributes to the development and advancement of product underwriting principles throughout the enterprise.

What You'll Bring:

  • Law Degree required.
  • Admitted to law practice in manner appropriate for the position and location.
  • 3-5 years of experience as product underwriting counsel; or 7-10 years of title underwriting or real estate law practice experience and demonstrated aptitude for the position.
  • Understanding of AI-assisted workflows, generative AI tools, machine learning concepts, and automation technologies relevant to underwriting and real estate transactions.
  • Ability to evaluate AI-generated outputs for accuracy, explainability, consistency, and underwriting applicability.
  • Superior verbal and visual communication skills.
  • Superior understanding of land titles, real estate law, and conveyancing process.
  • Superior understanding of federal and state laws related to title insurance and settlement services.
  • Demonstrated curiosity and adaptability regarding emerging technologies and digital transformation.
  • Strong business acumen and strategic agility that influences outcomes and successfully negotiates for resources.
  • Excellent interpersonal skills with keen ability to explain complex concepts across the organization and to large audiences.
  • Successful track record of designing, developing, and executing complex projects.

Pay Range: $129,300.00 - $172,300.00 Annually
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.

** Note that the following statements only apply to candidates who will be working from an unincorporated area within Los Angeles County. **

First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act).

First American intends to conduct a review of an applicant’s criminal history in connection with a conditional offer. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment: handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements.

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

  • Law degree
  • Admission to practice law appropriate for the position and location
  • 3-5 years as product underwriting counsel OR 7-10 years title underwriting or real estate law practice with demonstrated aptitude
  • Understanding of AI-assisted workflows, generative AI tools, machine learning concepts, and automation technologies relevant to underwriting
  • Ability to evaluate AI-generated outputs for accuracy, explainability, consistency, and underwriting applicability
  • Superior verbal and visual communication skills
  • Superior understanding of land titles, real estate law, and conveyancing processes
  • Superior understanding of federal and state laws related to title insurance and settlement services
  • Demonstrated curiosity and adaptability regarding emerging technologies and digital transformation
  • Strong business acumen and strategic agility
  • Excellent interpersonal skills and ability to explain complex concepts to large audiences
  • Proven track record designing, developing, and executing complex projects

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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