Aig

Aig

Head of Financial Lines Legal, North America

NY-New York

Sponsorship not specified$180k-$220kDetected 30 days ago
M&AResearchLeadershipCommunicationCollaborationProblem SolvingTime Management

About the role

  • Associate Gen Position Description: This individual will be the primary legal advisor to AIG North America Financial Lines, leading a team of attorneys supporting the business unit.
  • We know how important it is to protect and invest in what's most important to you.
  • 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.

Requirements

  • 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.

Skills

  • 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;
  • Sound legal and business judgment.

Compensation

  • The 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.

Company info

  • 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.

This listing is sourced directly from Aig's careers page and normalized into a canonical job model.