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AIG

Head of Financial Lines Legal, North America

Posted 12 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
180K-220K Annually
Expert/Leader
In-Office
New York, NY, USA
180K-220K Annually
Expert/Leader
Primary legal advisor to AIG North America Financial Lines; lead a team of attorneys; advise on transactional, regulatory, and compliance matters; draft and negotiate policies, endorsements, and ancillary agreements; manage regulatory filings and consumer complaint resolution.
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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.  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 Leg

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. 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 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.

HQ

AIG New York, New York, USA Office

1271 Avenue of the Americas, Floor 41, New York, NY, United States, 10020-1304

AIG New York, New York, USA Office

175 Water Street, New York, NY, United States, 10038

AIG New York, New York, USA Office

80 Pine Street, New York, NY, United States, 10038

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