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Associate Claims Specialist

Associate Claims Specialist

CompanyFirst American
LocationBerwyn, PA, USA
Salary$47425 – $63200
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • Bachelor’s Degree required
  • Typically has 2-4 years title insurance, legal assistant, paralegal or related experience
  • Knows fundamental concepts of Real Property practices and procedures
  • Must possess excellent written and verbal communication, negotiation, and organizational skills

Responsibilities

  • Investigate the facts and issues of curative title claims, 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
  • 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

Preferred Qualifications

  • Self-motivated individual who shows initiative
  • Ability to work independently
  • Exhibits sound judgment
  • Can make independent decisions
  • Prioritize and multi-task
  • Excellent analytical skills
  • Team player