Assistant General Counsel - Insurance Regulatory

Full-time 16 views
Company Zurich Insurance Company Ltd Location Schaumburg, IL, United States

In-House

Attorney

Min 7 yrs required

Full-time

Jul 01, 2022

Oct 14, 2022

Apr 09, 2022

Profile

Assistant General Counsel - Insurance Regulatory
Duties: Act as a strategic partner to clients by consulting on complex regulatory issues with a focus on insurance regulatory matters, including legal support of market conduct examinations, product development, regulatory inquiries and insurance compliance matters. Establish and maintain strong working relationships with key business unit leaders, functional subject matter experts, and other support unit personnel assigned to the business unit, to ensure the appropriate level of context and knowledge for the provision of effective legal guidance and delivery of problem-solving strategies. Support management in developing open and transparent relationships with key stakeholders which is consistent with the organization values and compliant with the spirit and letter of the law. Proactively collaborate with the business unit leadership team in the development and execution of short-term and long-term strategies by providing legal perspective and partnering to problem-solve and identify creative, compliant solutions. Communicate all business unit needs to the appropriate Legal Services team member(s) to secure the necessary resources and ensure timely and accurate support is provided.



Qualification and Experience

Qualifications: Member of the Bar. Juris Doctor and 7 years of experience in the Legal area. Knowledge of NILS, Lexis, or Westlaw. Preferred Qualifications: The ability to engage, inform and influence decisions at senior levels of the organization. Insurance industry experience. Knowledge of or direct experience in the Property and Casualty insurance marketplace, including commercial insurance products and the development and distribution of such products. Knowledge of or direct experience in insurance regulatory matters, including market conduct examinations, regulatory inquiries, and insurance compliance matters. Knowledge of Commercial Insurance laws. Knowledge of or direct experience in the US Commercial Insurance marketplace. As a plus, knowledge of or direct experience in the Life insurance marketplace, including group/individual Life products (traditional, advanced, variable and annuities), supplemental benefits (i.e., encompasses cancer/critical illness, specified disease, hospital indemnity, and accident), group/individual disability income products and associated regulatory issues and requirements. As a plus, knowledge of or direct experience in the Accident & Health marketplace, including products such as Group Accident, Occupational Accident, Specialty Health, and Travel insurance, and associated regulatory issues and requirements. Ability to work in a team-based, solutions-oriented environment. A creative problem-solver is adept at working in a fast-paced environment and successfully managing competing interests of multiple internal and external stakeholders.

Company info

Hiring Coordinator
Zurich Insurance Company Ltd
1400 American Lane
Schaumburg, IL 60196

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