Counsel (Insurance Regulatory)

QBE Insurance Group • Chicago, IL

2d • Hybrid

About The Position

The purpose of this role is to monitor regulatory changes, communicate updates to key stakeholders, and implement recommendations to mitigate risks. Additionally, the role involves the preparation and drafting of key regulatory filings, conducting regulatory research to support business operations and managing and resolving regulatory matters such as market conduct examinations, audits, investigations, and surveys.

Requirements

• Juris Doctorate (JD) from an accredited law school, admission to a state bar and in good standing.
• 5+ years relevant experience

Nice To Haves

• Foundational knowledge of U.S. insurance regulations, in particular as applied to surplus and property and casualty lines
• Understanding of relevant trends and information within the industry
• Previous in-house experience with an insurance company
• Regulatory filing and compliance experience
• Attention to detail
• Strong organizational skills, ability to manage multiple assignments and projects across jurisdictions, track deadlines and coordinate work between various teams.
• Ability to establish a professional, polished company reputation by understanding, applying and upholding organizational values during outward-facing interactions and guiding team to ensure communications consistently align with company image
• Contribute to a positive environment by demonstrating accountability, continuous improvement, and collaboration
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; mage own career development by soliciting feedback and valuing other perspectives (see QBE DNA below)
• 7+ years relevant experience

Responsibilities

• Monitor new legislative and regulatory activity for designated areas of responsibility by utilizing various sources to research and analyze proposed/changing legislation and translate and communicate to appropriate departments in support of the organization
• Develop effective partnerships with management teams and stakeholders across the organization by sending relevant notifications of insurance regulatory changes
• Assist with coordination of market conduct exams by liaising between business units and state Department(s) of Insurance (DOI), attending meetings with state examiner and reviewing business unit responses to exam results and recommendations to ensure accuracy of responses, transfer information and data for key stakeholders and follow-up with business units to ensure recommendations are implemented
• Within scope and availability, provide regulatory support by reviewing ad-hoc questions and requests and referring employees to appropriate department
• Assist with both the information gathering and drafting of various regulatory filings including key Insurance Holding Company Act filings (Forms A - F)
• Update record keeping systems, assist with various reporting requirements
• Support internal and external audits within area of responsibility and as needed
• Provide subject matter expertise knowledge on strategic projects, particularly with respect to licensure questions and support licensure applications
• Establish a professional, polished company reputation by understanding, applying and upholding organizational values during outward-facing interactions and guiding team to ensure communications consistently align with company image
• Contribute to a positive environment by demonstrating cultural expectations and guiding leaders to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; manage own career development by soliciting feedback and valuing other perspectives

Benefits

• Hybrid Working – a mix of working from home and in the office
• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
• Competitive 401(k) program with company match up to 8%
• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
• Tuition Reimbursement for professional certifications, and continuing education
• Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree