Full-Time

Underwriting Counsel

Posted on 8/27/2024

First American

First American

10,001+ employees

Provides title insurance and real estate services

Financial Services
Real Estate

Compensation Overview

$137.6k - $183.4kAnnually

Senior, Expert

Stamford, CT, USA

This position is hybrid, requiring in-office presence in Stamford, CT.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Requirements
  • Law Degree required.
  • Admitted to practice in state of employment.
  • Licensed to practice law, in good standing.
  • 8-10 years title underwriting experience.
  • Must be familiar with real estate law.
  • Excellent understanding of fundamental concepts, practices and procedures of real estate title and settlement process.
  • Knowledge of Federal and State regulations related to real estate title insurance and settlement services.
  • Understanding of underwriting real estate transactions for the issuance of title insurance policies.
  • Ability to collaborate and act decisively.
  • Detail oriented.
  • Excellent listening, verbal, and written communication skills.
  • Strong organizational skills, able to multi-task, prioritize, and follow up in a timely manner.
  • Strong negotiation skills.
  • Requires abstract thinking and creative solutions.
  • Ability to ‘think outside the box’ and make unique yet sound decisions to resolve complex issues.
  • Ability to build relationships and create rapport.
Responsibilities
  • Provides underwriting support, counsel, and authorization to company personnel, agents, and customer(s), related to the issuance of real estate title insurance commitments and policies.
  • Utilizes underwriting standards and guidelines within delegated authority limits to underwrite the issuance of title insurance.
  • Provides guidance to company personnel in the performance of real estate settlement services.
  • Issues underwriting standards and guidelines in accordance with established company processes.
  • Responsible for communicating information related to underwriting and real estate settlement services to team.
  • Other duties as assigned.

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 from any device. 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

  • Acquisition of Mother Lode expands First American's market share in California.
  • Docutech purchase boosts First American's digital mortgage revenue by 38%.
  • Growing fintech trends align with First American's digital transformation strategy.

What critics are saying

  • Data breach allegations could harm First American's reputation and lead to legal issues.
  • Integration of Mother Lode may face challenges and financial risks.
  • Dependence on digital transformation poses risks if technology advances rapidly.

What makes First American unique

  • First American offers comprehensive title insurance and settlement services nationwide.
  • The company provides a vast database of over 5.5 billion document images.
  • First American's digital platform, myFirstAm®, enhances real estate transaction efficiency.

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Benefits

401k matching

Health, vision, dental insurance

Professional development

INACTIVE