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Assistant General Counsel
American Agricultural ā¢ Schaumburg, IL8h ā¢ Hybrid
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Assistant General Counsel
American Agriculturalā¢Schaumburg, IL
ā¢Hybrid
About The Position
AmericanAgĀ®, 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 AmericanAgĀ® 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 AmericanAgĀ®, 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 AmericanAgĀ® 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 AmericanAgĀ®, 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 AmericanAgĀ® and AFBIS legal strategy for data privacy and artificial intelligence governance
- Drafting, reviewing, and updating corporate policies and governance documents for AmericanAgĀ®, 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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Based on current job postings on Teal, the average General Counsel salary in the US is approximately $221,000 per year, with a typical range of $125,000 to $351,000.