At a Glance
- Tasks: Provide legal support for AIG's Personal Insurance business and ensure compliance with regulations.
- Company: Join AIG, a global leader in insurance solutions, fostering innovation and collaboration.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive culture that values diversity and promotes continuous learning.
- Why this job: Make a real impact in a dynamic environment while advancing your legal career.
- Qualifications: UK qualified lawyer with 5+ years of experience in insurance law and strong communication skills.
The predicted salary is between 60000 - 80000 € 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.
Make your mark in GLCR
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.
How you will create an impact
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.
Some key responsibilities will include:
- 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 timeframes
- 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 high level of discretion
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
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.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
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. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Assistant General Counsel, Personal Insurance in London employer: American International Group
AIG is an exceptional employer, offering a dynamic work environment in London or Singapore where you can thrive as an Assistant General Counsel in the Global Personal Insurance sector. With a strong focus on employee growth, AIG provides comprehensive benefits that prioritise your health, wellbeing, and professional development, all within a culture that values collaboration and inclusion. Join us to make a meaningful impact while advancing your career with a global leader in insurance solutions.
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant General Counsel, Personal Insurance in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AIG through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching AIG's recent projects and initiatives in Personal Insurance. Show us that you're not just interested in the role but also in how you can contribute to their goals.
✨Tip Number 3
Practice your responses to common legal interview questions. We want to see your critical thinking and problem-solving skills in action, so be ready to discuss real-life scenarios you've faced.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re genuinely interested in the position.
We think you need these skills to ace Assistant General Counsel, Personal Insurance in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Assistant General Counsel role. Highlight your relevant experience in personal insurance and legal compliance, showing us how you can make an impact at AIG.
Showcase Your Skills:We want to see your excellent written and verbal communication skills shine through. Use clear and concise language to demonstrate your critical thinking and problem-solving abilities in your application.
Be Authentic:Let your personality come through in your application. We value a culture of inclusion and want to know who you are beyond your qualifications. Share your motivations and what excites you about joining AIG.
Apply Through Our Website:For the best chance of success, apply directly through our website. This ensures your application reaches the right people and helps us get to know you better as a candidate.
How to prepare for a job interview at American International Group
✨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 legal challenges in past roles and how that experience can benefit AIG.
✨Showcase Your Collaboration Skills
Since this role involves working closely with various teams, be ready to share examples of how you've successfully collaborated with others in high-pressure situations. Highlight your ability to build strong relationships and communicate effectively across departments.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific legal scenarios or regulatory challenges. Think through potential issues AIG might face in the personal insurance sector and prepare your insights on how to address them.
✨Demonstrate Your Problem-Solving Abilities
Be ready to discuss times when you've had to think critically and solve complex problems under tight deadlines. AIG values quick thinking, so showcase your analytical skills and how they’ve led to successful outcomes in your previous roles.
