Insurance Products - Senior Counsel

Job description

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose. When you join our company, we want you to feel valued, supported and proud to work here. That’s why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers. GEICO is looking for an experienced legal professional with a background in insurance products to serve as an embedded Product Senior Legal Advisor . In this role you will support all business lines as they develop new products or ways of doing business and refine their work. The ideal candidate will build a strong relationship with the business units to understand their goals and plans. They will quickly learn the business objectives, the plan for achieving them, and then advise on legal requirements in language appropriate for non-lawyers. You will also advise on future risks and opportunities taking into consideration insurance compliance, consumer-protection laws, contractual obligations, privacy, and the requirements of the unfair claims practices acts. Primary Responsibilities: Under general supervision, understand all key business objectives and means of accomplishing them for assigned business unit(s) Provide legal advice related to the business unit(s) and anticipate future legal needs Draft and review policy documents anticipating litigation exposure Coordinate support for assigned business units from other parts of the legal department Use wide range of legal knowledge to issue spot implications of business choice that could interact with multiple legal subject areas such as, insurance compliance, consumer-protection laws, contractual obligations, privacy, and requirements of state unfair claims practices acts. Basic Qualifications: Strongly prefers candidates with 5 to 7 years of experience at a law firm or in-house serving as a legal advisor or coverage counselor for products within property/casualty insurance or an insurance litigation background including bad faith or extra contractual exposure Must have a law degree and an active law license to practice in the United States of America Strong listening and communication skills Strong research and writing skills, and an eagerness to be involved in a dynamic company Ability to quickly digest and understand business plans, processes, and procedures Ability to provide legal advice with incomplete information Refined judgement about legal and legal-adjacent risks as well as mitigation opportunities Must be solution oriented with strong analytical and decision-making skills Must have demonstrated experience solving business problems and advancing business metrics Experience working with cross-functional teams, both legal and non-legal. Location: Hybrid – This position requires the individual to work 3 days onsite at our Chevy Chase, MD, New York, NY, or Cleveland, OH locations. #LI-HB1 Annual Salary $148,625.00 - $260,350.00 The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations. At this time, GEICO will not sponsor a new applicant for employment authorization for this position. The GEICO Pledge: Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs. We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives. Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind. You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels. Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose. As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers. Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future. Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being. Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance. Access to additional benefits like mental healthcare as well as fertility and adoption assistance. Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year. The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled. GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.