Associate GenPosition Description: This individual will be the primary legal advisor to AIG North America Financial Lines, leading a team of attorneys supporting the business unit. AIG North America Financial Lines provides management and professional liability insurance solutions that help protect public, private, and non-profit companies, financial institutions, and professional service providers from a wide range of executive and errors & omissions liability exposures. We are seeking a candidate with significant experience in Financial Lines products that will provide leadership and sound legal and business judgement to the business unit.
Primary responsibilities for this position include:
- Acting as the lead legal advisor to the Financial Lines leadership team and its underwriters with respect to transactional, regulatory, legal and compliance matters impacting the business unit and the organization more broadly;
- Managing a team of attorneys supporting the Financial Lines business unit (including the Mergers and Acquisitions insurance group);
- Working collaboratively with business stakeholders and product center of excellence with respect to negotiating, drafting and/or reviewing insurance policies and endorsements, applications, warranties, policyholder notices, ancillary agreements and advertising and marketing materials in connection with the following product lines: directors & officers (D&O) liability, professional liability, cyber liability, employment practices liability, fiduciary liability, crime/fidelity and kidnap & ransom insurance; representations and warranties insurance; and tax liability insurance;
- Research and review of legal/regulatory issues impacting or potentially impacting Financial Lines products; and
- Working collaboratively with Regulatory colleagues to address regulatory matters impacting Financial Lines, including the countrywide filing of forms and rates, responses to inquiries on insurance regulatory issues and resolution of regulatory and consumer complaints.
Education and Experience:- 10+ years of experience in either a law firm or in-house legal department; preferably with experience in-house at an insurance carrier.
- Significant experience with Financial Lines coverages, the business of insurance and insurance regulation.
- JD from an accredited law school and strong academic credentials.
- Admitted to practice in at least one state.
Skills and Abilities:- Strong initiative and work ethic;
- Focused attention to detail and honed analytical, drafting and problem-solving skills;
- Strong communication and interpersonal skills;
- Ability to work collaboratively with other Legal department colleagues;
- Ability to be a self-starter and work independently;
- Ability to adapt to changing needs of the organization and/or business clients and to think creatively;
- Excellent organizational and time management skills, including the ability to manage competing priorities in a fast-paced environment; and
- Sound legal and business judgment.
sel, Cyber & Privacy LegThe base salary range for this position is $180,000-$220,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply-your unique background matters to us. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what mattersAt AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Functional Area:
LG - Legal, Regulatory & Gov't Affairs
AIG PC Global Services, Inc.
