First American
Senior Claims Counsel - Title Insurance (remote)
First American, Chicago, Illinois, United States, 60290
Overview
Who We Are: First American is a people-first organization with a long history of valuing its employees. The company has a track record of recognition as a great place to work, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. For more information, visit www.careers.firstam.com. What We Do
The Senior Claims Counsel position with First American Title Insurance Company provides an opportunity for counsel to engage in complex legal analysis, craft creative solutions to difficult problems, manage their own caseload, oversee outside litigation counsel, and engage in high-level problem solving, negotiation, and legal analysis in a stimulating and collegial environment with potential for long-term growth and advancement. Senior Claims Counsel are responsible for managing all aspects of title insurance and escrow claims and claims against the company from initial investigation, coverage determination through final resolution. 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, settlement conferences and trials 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 Job Qualifications
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 12+ 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 Compensation and Employment Details
The pay range for this role is $126,100.00 - $168,125.00. 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. Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed. What We Offer
We embrace individuality and foster an authentic and inclusive workplace for All. 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 benefits like an employee stock purchase plan.
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Who We Are: First American is a people-first organization with a long history of valuing its employees. The company has a track record of recognition as a great place to work, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. For more information, visit www.careers.firstam.com. What We Do
The Senior Claims Counsel position with First American Title Insurance Company provides an opportunity for counsel to engage in complex legal analysis, craft creative solutions to difficult problems, manage their own caseload, oversee outside litigation counsel, and engage in high-level problem solving, negotiation, and legal analysis in a stimulating and collegial environment with potential for long-term growth and advancement. Senior Claims Counsel are responsible for managing all aspects of title insurance and escrow claims and claims against the company from initial investigation, coverage determination through final resolution. 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, settlement conferences and trials 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 Job Qualifications
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 12+ 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 Compensation and Employment Details
The pay range for this role is $126,100.00 - $168,125.00. 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. Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed. What We Offer
We embrace individuality and foster an authentic and inclusive workplace for All. 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 benefits like an employee stock purchase plan.
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