Assistant General Counsel

AXA XL • Hartford, CT, United States • $200k - $250k / year • 1m ago

New York/Hartford/Exton/Stamford

The Assistant General Counsel will provide day-to-day legal and regulatory support to multiple specialty niche business units including commercial bond, political risk and trade credit, fine art and specie, terrorism and political violence, structured risk solutions and programs. Candidate must also have regulatory compliance knowledge so that they can interface in a meaningful way with the regulatory compliance team.

DISCOVER your opportunity

What will your essential responsibilities include?

Serve as legal and regulatory counsel to underwriters of US specialty niche underwriting business units including provision of creative and timely legal advice and guidance on wide range of insurance, surety and corporate issues as well as guidance on business and contractual matters.
Draft, review and negotiate large variety of commercial contracts (including bond forms and riders, general indemnity agreements, producer, program administrator, confidentiality, third party administrator, vendor, indemnity, etc.).
Serve as global legal liaison for commercial bond which includes interaction with international legal colleagues to facilitate and coordinate legal review of international commercial bond products.
Review of marketing and advertising material and event contracts.
Assist in product development and existing product support, including draft and review proprietary insurance policies and manuscript endorsements, provide legal and regulatory advice regarding coverage terms and conditions.
Collaborate effectively with internal operational areas, including Middle Office, Marketing/Communications, Claims, and Finance.
Retain outside counsel and manage non-claims litigation involving Company.
Clearly communicate to regulators and manage various regulatory reporting requirements.
Collaborate with regulatory compliance team to provide guidance and advice regarding products and transactions such as rate and form filings, non-renewal/cancellation requirements, insurance department objections and coverage matters.
Research and analyze wide range of insurance and non-insurance legal and compliance issues.

Reports to Associate General Counsel, US Insurance

SHARE your talent

We’re looking for someone who has these abilities and skills:

Required Skills And Abilities

Qualifications. Law Degree from an accredited law school is required, and you must be a licensed attorney in at least one State.
Experience: Moderate in-house or law firm experience in commercial property and casualty insurance with a focus on commercial bond/surety products; experience is other specialty niche products preferred.
Knowledge: Knowledgeable in insurance laws and regulations. Experience working as a trusted adviser to business clients. Experience interacting with insurance regulators. Cross-border experience a plus. Must have broad experience with multiple lines of business.
Leadership Skills. Mentors, sets and communicates expectations, evaluates and holds themselves and others accountable for delivering in a highly matrixed environment.
Strategic Thinking: Thought leader who is able to facilitate discussions and engage with colleagues at all levels of seniority. Experience in leading large-scale, complex legal and regulatory matters.
Communication and Negotiation: Excellent verbal and written communication, collaboration, negotiation and presentation skills. Build rapport and credibility with business leaders due to your ability to clearly communicate your legal and regulatory guidance grounded in your subject-matter-expertise.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

Our Enterprise I&D Mission Is To Become The Most Inspiring Company To Work For. We’re Achieving This Through Our Three Areas Of Focus:

Drive an Inclusive Culture—create a global workplace that works for everyone, with a culture that values all individuals, backgrounds and ideas, and where every colleague feels safe, valued and respected.
Diversify Our Workforce—increase the representation of women in leadership, achieving 50% by 2023, and focus on underrepresented populations by region, positioning AXA XL as an employer of choice for all talent.
Support Our Marketplace & Communities—support our communities and visibly and thoughtfully champion equity around the globe.

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Corporate Responsibility

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”

Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
Water: We’re developing water resilience where it is — and will be — needed most.
Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.

For more information, please see the Corporate Responsibility section on our website.

The U.S. pay range for this position is $92,500–$182,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.

At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).