Business Lines Senior Counsel
Business Lines Senior Counsel
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$ 148625 - 260350
1 Vacancy
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 nonlawyers.You will also advise on future risks and opportunities taking into consideration insurance compliance consumerprotection 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 consumerprotection 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 inhouse 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 legaladjacent risks as well as mitigation opportunities
- Must be solution oriented with strong analytical and decisionmaking skills
- Must have demonstrated experience solving business problems and advancing business metrics
- Experience working with crossfunctional teams both legal and nonlegal.
Location: Hybrid This position requires the individual to work 3 days onsite at our Chevy Chase MD New York NY or Cleveland OH locations.
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Annual Salary
$148625.00 $260350.00The 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 candidates work experience education and training the work location as well as market and business considerations.
Benefits:
As an Associate youll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and wellbeing including:
- Premier Medical Dental and Vision Insurance with no waiting period**
- Paid Vacation Sick and Parental Leave
- 401(k) Plan
- Tuition Assistance
- Paid Training and Licensures
*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race color religious creed national origin ancestry age gender pregnancy sexual orientation gender identity marital status familial status disability or genetic information in compliance with applicable federal state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Required Experience:
Senior IC
Employment Type
Full-Time
