Geico

Insurance Products - Senior Counsel

Geico$148K — $260K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in insurance law or litigation, preferably in property/casualty insurance
  • Juris Doctor (law degree) with an active U.S. law license
  • Strong communication and listening skills
  • Strong writing and research skills
  • Ability to understand and digest complex business plans
  • Experience providing legal advice with limited information
  • Demonstrated problem-solving skills in a business context

Responsibilities

  • Understand key business objectives for assigned units
  • Provide proactive legal advice related to future needs
  • Draft and review policy documents for litigation risks
  • Coordinate intra-departmental legal support for business units
  • Identify legal implications across various subject areas

Benefits

  • Hybrid work model with flexibility for onsite and remote work
  • Opportunity to work closely with business units and influence product development
  • Involvement in a dynamic, evolving company environment
  • Supportive team culture that values cross-functional collaboration
Full Job Description
GEICO is looking for an experienced legal professional with a background in insurance products to serve as an embedded Product Senior Legal Advisor. In this role you will support all business lines as they develop new products or ways of doing business and refine their work. The ideal candidate will build a strong relationship with the business units to understand their goals and plans. They will quickly learn the business objectives, the plan for achieving them, and then advise on legal requirements in language appropriate for non-lawyers. You will also advise on future risks and opportunities taking into consideration insurance compliance, consumer-protection laws, contractual obligations, privacy, and the requirements of the unfair claims practices acts. Primary Responsibilities: • Under general supervision, understand all key business objectives and means of accomplishing them for assigned business unit(s) • Provide legal advice related to the business unit(s) and anticipate future legal needs • Draft and review policy documents anticipating litigation exposure • Coordinate support for assigned business units from other parts of the legal department • Use wide range of legal knowledge to issue spot implications of business choice that could interact with multiple legal subject areas such as, insurance compliance, consumer-protection laws, contractual obligations, privacy, and requirements of state unfair claims practices acts. Basic Qualifications: • Strongly prefers candidates with 5 to 7 years of experience at a law firm or in-house serving as a legal advisor or coverage counselor for products within property/casualty insurance or an insurance litigation background including bad faith or extra contractual exposure • Must have a law degree and an active law license to practice in the United States of America • Strong listening and communication skills • Strong research and writing skills, and an eagerness to be involved in a dynamic company • Ability to quickly digest and understand business plans, processes, and procedures • Ability to provide legal advice with incomplete information • Refined judgement about legal and legal-adjacent risks as well as mitigation opportunities • Must be solution oriented with strong analytical and decision-making skills • Must have demonstrated experience solving business problems and advancing business metrics • Experience working with cross-functional teams, both legal and non-legal. Location: Hybrid - This position requires the individual to work 3 days onsite at our Chevy Chase, MD, New York, NY, or Cleveland, OH locations. #LI-HB1 Annual Salary $148,625.00 - $260,350.00 The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations. At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

About Geico

GEICO (Government Employees Insurance Company) is an American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. GEICO is a wholly owned subsidiary of Berkshire Hathaway that provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. The insurance agency sells policies through local agents, called GEICO Field Representatives, and over the phone directly to the consumer, and through their website.
Learn more about Geico
Size
40,000 employees
Industry
Founded
1936

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