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 work.
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
- Cook up support for assigned business units from other parts of the legal department
- Use wide range of legal knowledge to issue spot implications of business choices that could interact 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
- Experience working with cross-functional teams, both legal and non-legal
Location
Hybrid – This position requires the individual to work 3 days onsite at our Chevy Chase, MD, New York, NY, or Cleveland, OH locations.
Pay
Annual Salary $148,625.00 - $260,350.00
Schedule
Not specified
Benefits
Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.
Equal Employment Opportunity
The GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled. GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.