Recovery Legal Assistant

Job Description:

Join Our Team!

At Old Republic Title, we are committed to providing exceptional service and support within the Corporate Legal Recovery Department. We are currently seeking a Recovery Assistant who is motivated and detail-oriented to join our team. This in-office position offers a unique opportunity to contribute to our mission while working in a collaborative environment.

This is a fully onsite position that will require in-office attendance at our Westbury, NY location.

Your Role:

As a Recovery Assistant, you will play a vital role in supporting the Corporate Legal team by managing accounts receivables and payables, processing incoming payments, and assisting with various administrative functions. You will be integral to ensuring our recovery processes run smoothly and efficiently, allowing us to deliver top-notch service to our clients.

Key Responsibilities:

• Accounts Management: Process and coordinate accounts receivables and payables, ensuring accuracy and timeliness.
• Payment Processing: Handle incoming payments across the Company, facilitating efficient cash flow.
• Document Preparation: Assist with preparing satisfaction, release, and payoff requests while managing document recordings in land records.
• Insurance Coordination: Help coordinate the placement of bookable assets on the Company’s master insurance policy.
• Data Management: Open and manage recovery files, process recovery data, and assist with monthly reporting.
• Recovery Evaluation and Investigation: Oversee minor liability recovery files related to title claims arising from policies issued by agents, managing operations across multiple states nationwide. Assess and identify recovery opportunities for claims with associated losses, ensuring a strategic approach to each case. Conduct thorough investigations to gather essential information necessary for effective recovery efforts.
• Communication: Liaise with agents, management, and responsible parties, maintaining clear and professional correspondence throughout the recovery process.
• Compliance: Ensure statutory compliance in all debt collection activities, adhering to relevant laws and regulations.
• Settlement Negotiation: Negotiate settlements aimed at mitigating losses for the company, leveraging expertise to achieve favorable outcomes.
• General Support: Maintain office organization, manage supply inventory, and support team members across various locations.
• Claims Management: Open claims as directed, prepare claims acknowledgment letters, and assist Recovery Administrators and Attorneys with claims management tasks.
• Team Collaboration: Foster professional and collaborative relationships with peers, supervisors, and external customers.

What You Bring:

• Experience: 2-3 years of relevant experience in bookkeeping or accounting. Knowledge of title insurance and real estate closing transactions is essential.
• Education: A high school diploma is required; however, an associate or bachelor’s degree is preferred
• Technical Proficiency: Strong skills in Microsoft Office Suite (Word, Excel, Outlook) and excellent typing accuracy.
• Communication Skills: Good written and verbal communication skills, with an aptitude for processing and organizing large volumes of documentation.
• Dependability: A strong work ethic, with the ability to maintain reliable attendance and manage confidential information effectively.

Physical and Mental Demands:

• Ability to work well under pressure and adapt to interruptions throughout the day.
• Comfort with repetitive tasks, including extensive typing and sitting for extended periods.

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.            

Pay Range for the position is    $20.26 - $31.25        

Old Republic complies with all federal, state and local laws including minimum wage requirements. In the event a minimum hourly rate stated is lower than the minimum wage required by law, Old Republic will always pay an amount equal to or greater than the minimum wage required by law.

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Benefits may include:

• Comprehensive medical, prescriptions, dental and vision plans
• 401(k) plan with a discretionary company match
• Shareholder Purchase and Reinvestment Plan
• Basic life and accidental death and dismemberment insurance premium paid by the company
• Voluntary supplemental life insurance for employees, spouses and dependent children
• Fertility and Family Building Benefits
• Paid Disability benefits
• Paid time off programs
• 11 Company paid holidays per year
• Flexible spending account
• Health savings account (available to High Deductible Health Plan participants only)
• Employee Assistance Program
• Educational Assistance Program
• Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
• Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
• Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

Old Republic Title is an Equal Opportunity Employer