Assistant General Counsel, Personal Insurance UK EEA APAC
Job Summary
Join us as an Assistant General Counsel in our London or Singapore office to take your career to the next level with a global market leader.
Make your mark in GLCR
Our Global Legal Compliance and Regulatory (GLCR) team provides comprehensive legal advice to colleagues and functions across the organisation ensuring AIG navigates an ever-changing legal and regulatory landscape. The team has a multi-dimensional impact from helping avoid legal exposure to collaborating with other functions to help them achieve their strategic objectives within the legal and regulatory framework.
How you will create an impact
AIGs Global Personal Insurance Legal Department within GLCR is seeking an experienced and confident Assistant General Counsel to support the growth and success of AIGs Global Personal Insurance business (including Accident & Health and Warranty Service Programs). Based in either London or Singapore theAssistant General Counsel will lead projects that are time-sensitive highly visible inside and outside of the company and key to AIGs strategic initiatives.
You will report into the Head of Global Personal Insurance Legal UK & EMEA and partner with the Personal Insurance business units in the UK EMEA and APAC. This role will require close collaboration with other attorneys in GLCR and functions across the organisation to achieve legal and regulatory compliance on a wide variety of initiatives and objectives.
Some key responsibilities will include:
Provide comprehensive legal support to AIGs Personal Insurance businesses and support them in executing on compliant strategies to achieve their business objectives;
Coordinate with the various COEs in GLCR including regulatory compliance governance employment litigation reinsurance product underwriting data/digital and other areas covered by a COE as issues in those areas arise;
Anticipate and advise on a wide variety of legal and regulatory risks associated with AIGs Personal Insurance operations in the UK EMEA and APAC;
Provide practical advice on optimal pan-jurisdictional insurance distribution structures and other outsourcing arrangements and assist with all legal due diligence;
Provide advice on agency and other distribution issues remuneration arrangements distance sales and associated areas of law;
Draft and review a wide range of agreements with both licensed and unlicensed partners including but not limited to Delegated Underwriting Authority Agreements Multi-Jurisdictional Distribution Agreements Claims Handling Agreements Terms of Business Agreements Broker Engagements Facilities Fees for Services contracts and Vendor agreements;
Provide advice on product-related legal matters including the review of policy wordings customer documents marketing materials customer/client communications and sales journeys ensuring compliance with legal and regulatory requirements;
Manage regulatory requests notifications and other filings including escalated complaints related to Personal Insurance in collaboration with the relevant Regulatory team;
Retain and manage instructions with panel firms and external counsel on relevant legal matters;
Oversee the work provided by trainees or secondees;
Assist on ad hoc projects as required;
Provide technical training to the Business teams with a focus on developing legal and regulatory knowledge and awareness; and
Build strong relationships with internal stakeholders across the organisation.
What youll need to succeed
A UK qualified lawyer in good standing with a minimum of 5 years of legal experience with a major law firm or a global insurer
Strong understanding of the business of insurance and insurance regulation including distribution
Demonstrated experience leading deals and closing contracts within aggressive timeframes
Excellent written and verbal communication skills
Excellent critical thinking and problem solving skills
Demonstrated ability to work on multiple projects and assignments in a fast-paced environment with a strong focus on collaboration as well as independently
Ability to handle confidential information with high level of discretion
#LI-AIG
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 whats 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 securityas well as your professional developmentto 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 worlds 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
Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .
Functional Area:
Required Experience:
Junior IC