Position Description:
Primary responsibilities for this position include:
- Providing day-to-day legal advice to Financial Lines insurance executives and underwriters with respect to transactional, regulatory, legal and compliance matters impacting the business unit and the organization more broadly;
- Working collaboratively with business stakeholders and product center of excellence with respect to negotiating, drafting and/or reviewing insurance policies, 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;
- 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:
- 5+ years of experience in either a law firm or in-house legal department.
- Familiarity with Financial Lines coverages, the business of insurance and insurance regulation is strongly preferred.
- 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.
For positions based in New York, the base salary range is $140,240-$175,300 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. 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 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.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [email protected].
Functional Area:
LG - Legal, Regulatory & Gov't Affairs
AIG PC Global Services, Inc.
What We Do
We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.
What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.
We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join us as we share our stories from around the organization. #LifeatAIG
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