Legal Counsel

About the Role

The Counsel - Reinsurance position reports to the General Counsel who manages the AZRA Legal Team, supporting multiple U.S. legal entities within Allianz Group, including holding companies, special purpose investment vehicles, and a reinsurance intermediary. This role plays a key role in providing legal support for AZRA's prospective reinsurance business and other transactional matters.

Responsibilities

• Reviews, prepares, and negotiates legal and transactional documents, and related internal governance approvals, for prospective reinsurance transactions.
• Provides transactional reinsurance-related legal support and advice to business units and executive management on legal and regulatory issues impacting the Company's operations and business.
• Supports affiliates on U.S. and international reinsurance transactions and advises on U.S. regulatory and legal issues.
• Researches and provides legal advice on legal and regulatory issues.
• Monitors, reviews, and provides analyses of new federal and state legislation, laws, and regulations that affect AZRA, affiliates, and the reinsurance industry.
• Advises the business on various matters, including interpretation and application of terms of agreements, corporate rules, policies, and corporate organization documents.
• Provides legal advice and expertise in an efficient and effective way that enables the business to achieve strategic and commercial goals.
• Utilizes artificial intelligence tools and resources (e.g., generative AI).

Qualifications

• Juris Doctor degree (JD) from an ABA-accredited law school.
• California State Bar license in good standing.
• 3-5 years of legal experience at a major law firm, specializing in reinsurance and/or financial transactions, with experience in corporate governance and insurance regulation preferred.
• Excellent academic credentials and references.
• Solid business or transactional experience with excellent drafting skills.
• Strong analytical, oral, and written communication skills; strong negotiation skills.
• Solid work ethic and high level of personal integrity and accountability; self-starter with the ability to work independently and comfortably in a virtual/remote setup.
• High degree of intellectual curiosity and a keen interest in learning new areas of law.
• Ability to make sound decisions, use independent judgment, think commercially, establish priorities, and work effectively on multiple initiatives concurrently.
• Ability to define legal issues, evaluate legal risks, think creatively and strategically, and find innovative approaches to legal issues in support of business initiatives and objectives.
• Sound management and interpersonal skills with a demonstrated ability to work effectively within a team and build strong relationships with colleagues from all business and geographical areas of the Company.
• Ability to analyze, research, and communicate legal issues regarding statutes and regulations affecting the insurance and financial services industry.
• Ability to understand and draft complex agreements and transactions and communicate with senior business leaders.
• Proficiency with Microsoft Office (Excel, PowerPoint, Word), online legal research tools, and enthusiasm for embracing new technologies.
• Ability to develop new areas of subject matter expertise and provide support for various general corporate matters and initiatives.
• Legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.

Pay

Job Posting Range: $140,000.00 - $210,000.00. Note that this range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. Final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education, as well as internal equity considerations.

Benefits

Allianz Group offers a supportive and inclusive work environment, focusing on employee growth, innovation, and equal opportunities. We provide a culture grounded in integrity, fairness, inclusion, and trust, and are dedicated to advocating for a united and prosperous world.