In-House

Atlanta, GA, United States

Product Underwriting Legal – Product Counsel

Attorney

Full-time

No

The Product Underwriting Legal team at AIG is seeking an experienced attorney to join as Product Counsel in the Global Legal, Compliance and Regulatory (GLCR) department. This role will support the development of market leading products through drafting and developing new and updated standard proprietary AIG policies and endorsements. The position requires collaboration with various teams within AIG, including the North America and International Insurance line of business legal teams, as well as other areas in GLCR and with Underwriting, Claims, Actuarial, and Reinsurance colleagues. The Product Counsel will also provide policy and endorsement training for AIG underwriting staff and support the maintenance of a comprehensive policy and endorsement repository. The base salary range for this position is $160,000 - $190,000, with eligibility for a bonus according to the applicable incentive plan. AIG also offers a comprehensive benefits package, including various leaves for personal, health, family, and military needs, and opportunities for professional development. As an Equal Opportunity Employer, AIG values diversity and inclusion, and invests in its employees through various programs and initiatives. Position Summary: The Product Counsel will be responsible for drafting and developing new and updated standard proprietary AIG products, policies, and endorsements. They will also support compliance and regulatory filings and provide advice to the Chief Underwriting Office. The Product Counsel will collaborate with various teams within AIG to ensure underwriting intent is reflected in policy and endorsement wording and to address legal, regulatory, and compliance issues. They will also drive the remediation of existing policies and endorsements and act as a liaison for policy and endorsement discussions with internal and external stakeholders. Key Responsibilities: - Develop and draft new and updated standard proprietary AIG products, policies, and endorsements - Support compliance and regulatory filings for necessary approvals - Provide advice to the Chief Underwriting Office on adopting new and updated policies and endorsements - Draft AIG policies and endorsements based on broker and other insurers’ forms and address client-specific exposures - Work closely with GLCR colleagues to address legal, regulatory, and compliance issues related to product development and policy wordings - Provide advice on policies and endorsements used by other market participants and ensure underwriting intent is reflected in wording - Collaborate with other areas in AIG to identify exposure trends and address them in standard language - Drive remediation of existing policies and endorsements - Act as a liaison for policy and endorsement discussions with internal and external stakeholders - Provide policy and endorsement training for AIG underwriting staff - Support maintenance of a comprehensive policy and endorsement repository - Provide advice on the development of guidelines and authorities for product and wordings governance Qualifications: - Legal degree and current legal qualification/licenses required - Experience advising senior business partners/clients on insurance wording, coverage, and related transactional matters - Ability to work in a team environment and prioritize projects in a fast-paced environment - Excellent communication skills, both oral and written, and ability to distill complex topics for non-lawyers - Strong problem-solving skills and ability to proactively address client needs - Detail-oriented with a focus on developing thorough documentation - Curiosity and eagerness to learn and advance in career - Advanced proficiency in Microsoft Office tools and legal research databases Salary Information: - Base salary range: $160,000 - $190,000 (depending on location) - Eligible for bonus according to applicable incentive plan Benefits Overview: - Comprehensive benefits package, including various leaves and opportunities for professional development - Equal Opportunity Employer, valuing diversity and inclusion in the workplace - Culture of belonging, with flexible work arrangements, diversity and inclusion learning, cultural awareness activities, and Employee Resource Groups About AIG: - Global leader in commercial and personal insurance solutions - One of the world’s most far-reaching property casualty networks - Thinking in new and innovative ways to deliver solutions to customers - Committed to creating a culture that respects and celebrates diversity - Invests in employees through learning and development opportunities AIG is an Equal Opportunity Employer and provides reasonable accommodations to job applicants and employees with disabilities. If you require a reasonable accommodation, please email .

if you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com

Legal

Hirring Coordinator
American International Group, Inc.
3695 Cascade Road SW
Suite U2
Atlanta, GA 30331-2146