Associate Claims Counsel

Posted 22 Days Ago
Be an Early Applicant
Warrenville, IL
83K-111K Annually
Mid level
Insurance • Real Estate
The Role
Claims Counsel investigate, evaluate, and resolve claims, manage litigation, negotiate settlements, and ensure compliance with legal standards.
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 ten 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 DoAssociate Claims Counsel are attorneys who are responsible for investigating and handling claims to resolution. The Associate Claims Counsel reports to the Claims Center Director or the Regional Claims Mgr. if in a satellite office.

Essential Functions

  • Investigate, evaluate, determine loss and defense coverage liability and resolve claims
  • Establish settlement and expense reserves
  • Determine need to retain outside counsel
  • Manage claims and/or litigation through to final resolution
  • Negotiate with claimant / opposing counsel / third parties for resolution
  • Attend mediations and other required court appearances / processes
  • Review and approve invoices for costs and attorneys’ fees
  • Perform / assist initial evaluation for recovery

Job Complexities

  • Assignments are broad in nature, usually requiring originality and ingenuity. Has appreciable latitude for un- reviewed action or decision. Acts in advisory capacity, making recommendations which may have an important bearing on the conduct of the organization’s business

Supervision Received or Extended

  • Works under broad supervision. Work reviewed for soundness of judgment and overall adequacy/accuracy
  • No responsibility for supervision of others

Impact
Knowledge and Skills/Technology Used

  • Knows and applies the fundamental concepts, practices and procedures of particular field of specialization.
  • Excellent communication, negotiation and organizational skills

Typical Education

  • Law Degree required
  • Admitted to practice law in US

Typical Range of Experience

  • Typically has 2-4 years professional experience in title insurance / title underwriting and in-depth knowledge on title insurance claims and resolution

License or Certification

  • Licensed to practice law in good standing

The pay range for this role is $82,925.00- $110,525.00

 

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 OfferBy choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also 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.

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The Company
HQ: Santa Ana, CA
13,104 Employees
On-site Workplace
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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