Full-Time

Claims Counsel

Hybrid

Confirmed live in the last 24 hours

First American

First American

10,001+ employees

Provides title insurance and real estate services

Financial Services
Real Estate

Compensation Overview

$104k - $138.7kAnnually

Mid, Senior

Seattle, WA, USA + 1 more

More locations: Orange, CA, USA

Hybrid status requires 2 days onsite in Washington and 3 days onsite in California.

Category
Legal
Legal & Compliance
Requirements
  • Must possess excellent written and verbal communication, negotiation and organizational skills
  • Law Degree required
  • Licensed and in good standing to practice law in any state of the United States
  • Ability to develop, evaluate and implement resolution strategies to fully conclude a claim.
  • Experience handling claims and insurance coverage
  • 4-8 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.
  • Ability to work independently and to exhibit originality and ingenuity is required.
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 and settlement conferences
  • 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

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. 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.

Company Stage

N/A

Total Funding

$800.2M

Headquarters

Santa Ana, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • First American's strategic acquisitions, such as Mother Lode Holding Company, enhance its market position and service offerings.
  • The company's focus on digital transformation, evidenced by the acquisition of Docutech, positions it well for future growth in the digital mortgage space.
  • Being recognized as a Fortune 100 Best Company to Work For highlights a positive work culture and strong employee satisfaction.

What critics are saying

  • The recent data breach allegations could damage First American's reputation and customer trust.
  • The highly competitive real estate and insurance markets require continuous innovation to maintain market share.

What makes First American unique

  • First American's comprehensive suite of services, from title insurance to real estate data solutions, offers a one-stop-shop for real estate transactions, unlike competitors who may specialize in only one area.
  • Their proprietary platform, myFirstAm®, provides seamless access to property information and transaction management, setting them apart in terms of technological integration.
  • The company's extensive database, covering 99% of U.S. housing stock, provides unparalleled data insights for real estate and mortgage decisions.

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Benefits

401k matching

Health, vision, dental insurance

Professional development