American International Group

Associate General Counsel

American International Group$161K — $199K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor; U.S. state bar admission required.
  • 6+ years of legal experience, preferably with (re)insurance.
  • Strong understanding of (re)insurance-related corporate transactions.
  • Ability to balance multiple projects in a fast-paced environment.
  • Proven collaboration skills within a global organization.

Responsibilities

  • Negotiate legal aspects of global ceded reinsurance treaty programs.
  • Advise on reinsurance elements of strategic transactions, including M&A.
  • Provide guidance on ceded and assumed facultative reinsurance transactions.
  • Analyze contractual aspects of internal reinsurance arrangements.
  • Collaborate with teams to implement reinsurance in complex multinational programs.
  • Draft and negotiate documentation for global captive reinsurance programs.
  • Oversee reinsurance disputes and claims issues.

Benefits

  • Comprehensive health and dental coverage.
  • Financial security benefits including retirement plans.
  • Professional development opportunities.
  • Support for work-life balance through various programs.
  • Focus on health and wellbeing with wellness benefits.
Full Job Description
We are seeking an experienced attorney to join the Reinsurance Legal Team within General Insurance (GI) at AIG. The team is comprised of attorneys and other professionals providing high quality advisory, transactional and regulatory support across GI on ceded and assumed reinsurance-related matters globally. This role will support projects that are time-sensitive, highly visible inside and outside of the company, and key to AIG's strategic initiatives. This position reports to the Deputy General Counsel for Reinsurance. Specific Responsibilities Include: As a leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders and competing priorities. Ultimately, you take ownership for key outcomes. The successful candidate will have the opportunity to work on a wide variety of matters and interact directly with senior business leaders within AIG. Specific duties will include, but not be limited to: - Negotiating the legal aspects of GI's ceded reinsurance treaty programs globally across all property and casualty business lines. - Advising on reinsurance-related aspects of strategic transactions at AIG, including M&A, capital markets and insurance-linked securities (ILS) matters. - Advising multiple business units on ceded and assumed facultative reinsurance transactions. - Analyzing the contractual aspects of internal reinsurance arrangements within AIG. - Working with AIG's Multinational business, operational and legal teams to structure and implement the reinsurance aspects of complex multinational programs around the world. - Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally. - Working closely with AIG attorneys around the world to address legal, regulatory and compliance issues of all types related to reinsurance matters. - Overseeing and managing reinsurance disputes and claims issues. Education/Experience: - Juris Doctor required; U.S. state bar admission. - Minimum of 6+ years of legal experience with a law firm and/or in-house counsel. - Experience with (re)insurance matters and (re)insurance-related corporate transactions preferred. - Ability to manage multiple projects and assignments in a fast paced environment. - Ability to work collaboratively with peers and internal clients across a global organization as well as independently. For positions based in New York and Connecticut, the base salary range is $170,000-210,000. For positions based in New Jersey and Boston the base salary range is $161,500-199,500. For positions based Chicago, the base salary range is $153,500-$189,500. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We are proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits 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 matters At 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.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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