What You'll Do
- Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
- Determines closing requirements by studying and clarifying buyer, seller, and lender instructions.
- Orders title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals.
- Establishes escrow account by depositing funds; maintaining records.
- Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
- Completes calculations by prorating taxes and interest.
- Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
- Completes closing by recording and filing documents; preparing and distributing final closing statements and title. Prepares settlement statement by utilizing lender instructions.
- Closes escrow account by balancing and disbursing funds.
- Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Other duties as assigned
What You'll Bring
- High School diploma or equivalent
- 2-4 years related experience
- Experience directly handling escrow transactions as an escrow assistant preferable
- Valid Licensing/Certification as required by applicable state
- Familiar with standard concepts, practices, and procedures within the escrow/title industry field
- Knowledge of Microsoft Office applications
- Good client relations and organizational skills
- Ability to write reports and correspondence
- Ability to speak effectively before groups of customers or employees of organization
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
- Detail-oriented and professional; able to handle confidential information
- Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers
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
- High school diploma or equivalent
- 2-4 years of related experience
- Direct experience handling escrow transactions, preferably as an escrow assistant
- Valid licensing or certification as required by the applicable state
- Familiarity with standard concepts, practices, and procedures in the escrow and title industry
- Knowledge of Microsoft Office applications
- Good client relations and organizational skills
- Ability to write reports and correspondence
- Ability to speak effectively before customer or employee groups
- Ability to calculate discounts, interest, commissions, proportions, percentages, area, circumference, and volume
- Detail-oriented and professional, with the ability to handle confidential information
- Ability to work with real estate sellers, buyers, agents, and brokers
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.
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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.
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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.
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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
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).
