Insurance Products - Senior Counsel

About the role

GEICO is seeking an experienced legal professional with a background in insurance products to serve as an embedded Product Senior Legal Advisor. This role supports all business lines in developing new products or business models and refining their operations.

Responsibilities

• Understand all key business objectives and means of accomplishing them for assigned business unit(s)
• Provide legal advice related to the business unit(s) and anticipate future legal needs
• Draft and review policy documents anticipating litigation exposure
• Coverage coordination with other parts of the legal department
• Issue spotting implications of business choices interacting with multiple legal subject areas such as, insurance compliance, consumer-protection laws, contractual obligations, privacy, and requirements of state unfair claims practices acts

Qualifications

• Strongly prefers candidates with 5 to 7 years of experience at a law firm or in-house serving as a legal advisor or coverage counselor for products within property/casualty insurance or an insurance litigation background including bad faith or extra contractual exposure
• Must have a law degree and an active law license to practice in the United States of America
• Strong listening and communication skills
• Strong research and writing skills, and an eagerness to be involved in a dynamic company
• Ability to quickly digest and understand business plans, processes, and procedures
• Ability to provide legal advice with incomplete information
• Refined judgement about legal and legal-adjacent risks as well as mitigation opportunities
• Must be solution oriented with strong analytical and decision-making skills
• Demonstrated experience solving business problems and advancing business metrics
• Experience working with cross-functional teams, both legal and non-legal

Pay

$148,625.00 - $260,350.00 Annual Salary

Schedule

Hybrid – This position requires the individual to work 3 days onsite at our Chevy Chase, MD, New York, NY, or Cleveland, OH locations.