Assistant General Counsel

American AgriculturalSchaumburg, IL
Hybrid

About The Position

AmericanAg®, a global provider of diversified reinsurance services, is seeking an Assistant General Counsel for its Schaumburg, Illinois office. This is a hybrid position requiring a minimum of three days a week in the office. The Office of General Counsel offers legal counsel and services across various insurance/reinsurance matters. The Assistant General Counsel will act as a trusted advisor, providing strategic legal guidance to AmericanAg® and AFBIS, Inc. The role involves identifying, researching, and analyzing legal issues affecting global reinsurance operations, and clearly communicating risks and opportunities to senior leadership.

Requirements

  • Juris Doctor degree and licensed to practice law in Illinois
  • 8+ years legal experience (preferably with both law firm and in-house insurance or reinsurance company experience)
  • Extensive experience with insurance and reinsurance laws, including policies, practices, trends, and litigation methodologies
  • Understanding of insurance regulatory and compliance environment, including relevant policies, laws, and regulations across multiple jurisdictions
  • Strong analytical skills and the ability to interpret complex insurance regulatory requirements and communicate them effectively to internal stakeholders
  • Excellent written and verbal communication skills, with the ability to be detail oriented and present legal concepts in a clear and concise manner
  • Proven ability to manage multiple projects, prioritize effectively, and meet deadlines in a fast-paced, dynamic environment

Nice To Haves

  • Experience working with the Federal Crop Insurance Program and product offerings is a plus
  • Experience with insurance/reinsurance policy contract drafting is a plus

Responsibilities

  • Drafting, negotiating, and advising on various commercial contracts in furtherance of the business objectives of AmericanAg®, AFBIS, and related companies, including offering legal advice to internal clients and negotiating with third-party vendors
  • Serving as trusted legal advisor to and point of contact for legal inquiries across departments within AmericanAg® and AFBIS, providing well-reasoned and pragmatic legal advice
  • Counseling on legal handling of business transactions, assisting in structuring and negotiating complex transactions, and developing procedures to reduce risk
  • Preparing insurance company filings as required with U.S. state and federal regulatory authorities, international regulatory authorities, and various associations
  • Assisting in other regulatory matters with various departments, boards, bureaus, and/or associations
  • Assisting with handling of legal issues and projects related to corporate operations of AmericanAg®, AFBIS, and related companies
  • Providing guidance to business units on reinsurance and insurance contract terms and operations, as well as detailed analysis of key coverage considerations
  • Assisting in refining and executing the AmericanAg® and AFBIS legal strategy for data privacy and artificial intelligence governance
  • Drafting, reviewing, and updating corporate policies and governance documents for AmericanAg®, AFBIS, and related companies
  • Overseeing maintenance of legal files and corporate records
  • Providing legal support, as needed, for related entities such as CIC and AAIA
  • Participating in, developing, and/or leading company-wide training on key legal, regulatory, and compliance matters, along with emerging issues

Benefits

  • annual productivity bonus
  • For information regarding our benefits, please click here [https://www.aaic.com/about-us/careers/employee-benefits/]

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

Ph.D. or professional degree

Number of Employees

11-50 employees

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