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Associate Claims Specialist
Company | First American |
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Location | Berwyn, PA, USA |
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Salary | $47425 – $63200 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Mid Level |
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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