At a Glance
- Tasks: Provide legal support for AIG’s Personal Insurance business and manage compliance strategies.
- Company: Join a global market leader in insurance with a dynamic legal team.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Collaborative culture with opportunities for growth and development.
- Why this job: Make a real impact in a fast-paced environment while advancing your legal career.
- Qualifications: UK qualified lawyer with 5+ years of experience in insurance law.
The predicted salary is between 80000 - 100000 ÂŁ per year.
Join us as an Assistant General Counsel in our London or Singapore office to take your career to the next level with a global market leader.
Our Global Legal, Compliance and Regulatory (GLCR) team provides comprehensive legal advice to colleagues and functions across the organisation – ensuring AIG navigates an ever‑changing legal and regulatory landscape. The team has a multi‑dimensional impact, from helping avoid legal exposure to collaborating with other functions to help them achieve their strategic objectives within the legal and regulatory framework.
AIG’s Global Personal Insurance Legal Department within GLCR is seeking an experienced and confident Assistant General Counsel to support the growth and success of AIG’s Global Personal Insurance business (including Accident & Health and Warranty Service Programs). Based in either London or Singapore, the Assistant General Counsel will lead projects that are time‑sensitive, highly visible inside and outside of the company, and key to AIG’s strategic initiatives. You will report into the Head of Global Personal Insurance Legal, UK & EMEA and partner with the Personal Insurance business units in the UK, EMEA and APAC. This role will require close collaboration with other attorneys in GLCR and functions across the organisation to achieve legal and regulatory compliance on a wide variety of initiatives and objectives.
Key Responsibilities
- Provide comprehensive legal support to AIG’s Personal Insurance businesses and support them in executing on compliant strategies to achieve their business objectives;
- Coordinate with the various COEs in GLCR including regulatory, compliance, governance, employment, litigation, reinsurance, product underwriting, data/digital and other areas covered by a COE as issues in those areas arise;
- Anticipate and advise on a wide variety of legal and regulatory risks associated with AIG’s Personal Insurance operations in the UK, EMEA and APAC;
- Provide practical advice on optimal pan‑jurisdictional insurance distribution structures and other outsourcing arrangements and assist with all legal due diligence;
- Provide advice on agency and other distribution issues, remuneration arrangements, distance sales, and associated areas of law;
- Draft and review a wide range of agreements with both licensed and unlicensed partners, including, but not limited to, Delegated Underwriting Authority Agreements, Multi‑Jurisdictional Distribution Agreements, Claims Handling Agreements, Terms of Business Agreements, Broker Engagements, Facilities, Fees for Services contracts and Vendor agreements;
- Provide advice on product‑related legal matters, including the review of policy wordings, customer documents, marketing materials, customer/client communications and sales journeys, ensuring compliance with legal and regulatory requirements;
- Manage regulatory requests, notifications and other filings, including escalated complaints, related to Personal Insurance, in collaboration with the relevant Regulatory team;
- Retain and manage instructions with panel firms and external counsel on relevant legal matters;
- Oversee the work provided by trainees or secondees;
- Assist on ad‑hoc projects as required;
- Provide technical training to the Business teams, with a focus on developing legal and regulatory knowledge and awareness;
- Build strong relationships with internal stakeholders across the organisation.
What You’ll Need To Succeed
- A UK qualified lawyer in good standing with a minimum of 5 years of legal experience with a major law firm or a global insurer;
- Strong understanding of the business of insurance and insurance regulation, including distribution;
- Demonstrated experience leading deals and closing contracts within aggressive time‑frames;
- Excellent written and verbal communication skills;
- Excellent critical thinking and problem‑solving skills;
- Demonstrated ability to work on multiple projects and assignments in a fast‑paced environment with a strong focus on collaboration as well as independently;
- Ability to handle confidential information with a high level of discretion.
Benefits
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security – as well as your professional development—to bring peace of mind to you and your family.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
Assistant General Counsel, Personal Insurance employer: AIG
Contact Detail:
AIG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant General Counsel, Personal Insurance
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AIG through LinkedIn. A friendly chat can give us insider info on the company culture and maybe even a referral.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of insurance regulations and compliance. We want to show that we’re not just qualified, but also genuinely interested in AIG’s mission and values.
✨Tip Number 3
Practice common interview questions, especially those related to legal scenarios in personal insurance. We need to demonstrate our critical thinking and problem-solving skills effectively.
✨Tip Number 4
Don’t forget to follow up after the interview! A quick thank-you email can keep us fresh in their minds and show our enthusiasm for the role. Plus, it’s a great chance to reiterate why we’re the perfect fit!
We think you need these skills to ace Assistant General Counsel, Personal Insurance
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant experience in insurance law and compliance. We want to see how your skills align with the role of Assistant General Counsel, so don’t hold back on showcasing your expertise!
Showcase Your Communication Skills: Since this role requires excellent written and verbal communication, ensure your application reflects this. Use clear, concise language and structure your documents well. Remember, we’re looking for someone who can articulate complex legal concepts effectively!
Highlight Your Collaborative Spirit: This position involves working closely with various teams, so emphasise your ability to collaborate. Share examples of past experiences where you’ve successfully partnered with others to achieve common goals. We love a team player!
Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at AIG!
How to prepare for a job interview at AIG
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of insurance law and regulations, especially those relevant to personal insurance. Be prepared to discuss how you've navigated complex legal landscapes in your previous roles.
✨Showcase Your Collaboration Skills
This role requires working closely with various teams. Think of examples where you've successfully collaborated with different departments or stakeholders to achieve a common goal. Highlight your ability to build strong relationships.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific legal challenges or regulatory issues. Practice articulating your thought process and problem-solving skills, as this will demonstrate your critical thinking abilities.
✨Communicate Clearly and Confidently
Since excellent communication is key, practice explaining complex legal concepts in simple terms. This will show your ability to convey important information effectively, which is crucial for advising business units.