Associate General Counsel

AIG • Boston, MA

120d • $170,000 - $210,000

About The Position

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide financial security. We are seeking an experienced attorney to join the Reinsurance Legal Team within General Insurance (GI) at AIG. The team is comprised of attorneys and other professionals providing high quality advisory, transactional and regulatory support across GI on ceded and assumed reinsurance-related matters globally. This role will support projects that are time-sensitive, highly visible inside and outside of the company, and key to AIG’s strategic initiatives. This position reports to the Deputy General Counsel for Reinsurance.

Requirements

• Juris Doctor required; U.S. state bar admission.
• Minimum of 6+ years of legal experience with a law firm and/or in-house counsel.
• Experience with (re)insurance matters and (re)insurance-related corporate transactions preferred.
• Ability to manage multiple projects and assignments in a fast paced environment.
• Ability to work collaboratively with peers and internal clients across a global organization as well as independently.

Responsibilities

• Negotiating the legal aspects of GI’s ceded reinsurance treaty programs globally across all property and casualty business lines.
• Advising on reinsurance-related aspects of strategic transactions at AIG, including M&A, capital markets and insurance-linked securities (ILS) matters.
• Advising multiple business units on ceded and assumed facultative reinsurance transactions.
• Analyzing the contractual aspects of internal reinsurance arrangements within AIG.
• Working with AIG’s Multinational business, operational and legal teams to structure and implement the reinsurance aspects of complex multinational programs around the world.
• Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally.
• Working closely with AIG attorneys around the world to address legal, regulatory and compliance issues of all types related to reinsurance matters.
• Overseeing and managing reinsurance disputes and claims issues.

Benefits

• Comprehensive health care coverage.
• Savings and financial protection resources.
• Variety of leaves for personal, health, family, and military needs.
• Tuition reimbursement program for eligible employees.
• Volunteer program allowing up to 16 hours a year to volunteer in the community.
• Learning opportunities for professional development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees