Assistant General Counsel - Insurance Regulatory

Company: Zurich 56 Company Ltd
Location: Schaumburg
Posted on: August 5, 2022

Job Description:

Press Tab to Move to Skip to Content Link Zurich North America has an exciting opportunity for a talented attorney to join the Legal Services team as an Assistant General Counsel. This role will provide expert legal counsel on a broad range of insurance regulatory matters to enable the business to achieve its strategic and commercial goals in accordance with applicable laws and regulations and to protect and preserve Zurich's tangible and intangible assets. The preferred location is our Zurich North American headquarters based in our Schaumburg, IL office. Zurich is proud to embrace a hybrid working environment. In this role you will be able work from home 2-3 days a week. The ideal candidate will have experience in the Property and Casualty insurance field with an emphasis on insurance regulatory matters that may impact the organization and. Experience in the Life, Accident and Health insurance marketplace is an added plus. As a strategic partner to our business units, the ideal candidate will be able to provide expert legal advice on a wide variety of insurance regulatory matters, including the development and distribution of our insurance products, market conduct examinations, regulatory inquiries, and insurance compliance matters. This Assistant General Counsel will review contracts as appropriate, address corporate policy and compliance issues, as well as provide legal advice on insurance laws and regulations along the business value chain, from product development to distributing products in the market, supporting the business to achieve its strategic and commercial goals. NOTE: This position does not have litigation responsibilities. As a member of the team, the Assistant General Counsel will: --- Act as a strategic partner to clients by consulting on complex regulatory issues with a focus on insurance regulatory matters, including legal support of market conduct examinations, product development, regulatory inquiries and insurance compliance matters. --- Establish and maintain strong working relationships with key business unit leaders, functional subject matter experts, and other support unit personnel assigned to the business unit, to ensure the appropriate level of context and knowledge for the provision of effective legal guidance and delivery of problem-solving strategies. --- Support management in developing open and transparent relationships with key stakeholders which is consistent with the organization values and compliant with the spirit and letter of the law. --- Proactively collaborate with the business unit leadership team in the development and execution of short-term and long-term strategies by providing legal perspective and partnering to problem-solve and identify creative, compliant solutions. --- Communicate all business unit needs to the appropriate Legal Services team member(s) to secure the necessary resources and ensure timely and accurate support is provided. Basic Qualifications: --- Juris Doctor and 7 or more years of experience in the Legal area --- Member of the Bar --- Knowledge of NILS, Lexis or Westlaw Preferred Qualifications: --- Ability to engage, inform and influence decisions at senior levels of the organization --- Insurance industry experience --- Knowledge of or direct experience in the Property and Casualty insurance marketplace, including commercial insurance products and the development and distribution of such products. --- Knowledge of or direct experience in insurance regulatory matters, including market conduct examinations, regulatory inquiries, and insurance compliance matters. --- Knowledge of Commercial Insurance laws. --- Knowledge of or direct experience in the US Commercial Insurance marketplace. --- As a plus, knowledge of or direct experience in the Life insurance marketplace, including group/individual Life products (traditional, advanced, variable and annuities), supplemental benefits (i.e., encompasses cancer/critical illness, specified disease, hospital indemnity, and accident), group/individual disability income products and associated regulatory issues and requirements --- As a plus, knowledge of or direct experience in the Accident & Health marketplace, including products such as Group Accident, Occupational Accident, Specialty Health, and Travel insurance, and associated regulatory issues and requirements --- Ability to work in a team-based, solutions-oriented environment. --- Creative problem-solver adept at working in a fast-paced environment and successfully managing competing interests of multiple internal and external stakeholders.
As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols (https://www.zurichna.com/careers/faq ), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or negative COVID test results when allowable, to a third-party vendor. These are continuously re-evaluated and the requirements may change at any time.
-
A future with Zurich. What can go right when you apply at Zurich? Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 -. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
-
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet -
-
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. -
-
Location(s): AM - Schaumburg
Remote Working: Yes
Schedule: Full Time
-
Linkedin Recruiter Tag: #LI-PC1 -

Keywords: Zurich 56 Company Ltd, Schaumburg , Assistant General Counsel - Insurance Regulatory, Legal , Schaumburg, Illinois