AVP, Associate General Counsel, Legal & Compliance Group at Allied World in New York, New York

Posted in Legal 17 days ago.

Type: Full-Time





Job Description:



This position will provide legal assistance to the Programs Division, focusing on Casualty, Property and Inland Marine, and Professional Lines of business.  It will provide day-to-day support for the business, including product development, and related compliance support on surplus lines and admitted business.  The lines of business include but are not limited to: Commercial General Liability (including primary, umbrella and excess), Commercial Automobile Liability, Property and Inland Marine, Directors & Officers Liability, Errors & Omissions Liability, and Cyber Liability.  This position will be located in our New York, NY or Farmington, CT office.

 Job Duties

·         Serve as legal counsel to underwriters by providing advice and guidance regarding policy interpretation, claim trends and insurance laws and regulations.

·         Develop and draft/revise a variety of documents, including but not limited to, new insurance policies, endorsements, applications and related materials.

·         Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.

·         Aid underwriters in responding to coverage requests.

·         Prepare responses to state insurance departments regarding objections to filed policies and endorsements.

·         Apprise underwriters of judicial and legislative developments affecting their lines of business. 

 

·         Law degree and admission in at least one state.

·         2-4 years of legal experience.

·         In-house or law firm insurance coverage experience required.

·         Product development and coverage issues experience required.

·         Ability to work independently and meet short deadlines.

·         Ability to multi-task.

·         Candidates should have strong analytical and technical skill sets.

·         Candidates should have the ability to quickly understand key business issues and operational objectives.

·         Candidates should be effective and confident communicators of complex messages (written and oral) to both internal and external audiences.

Compensation

$100,500 - $134,000

The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World’s comprehensive total reward package, which may also include annual incentive compensation rewards.

 

Our Business

 

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

 

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation, military, veteran status, disability or any other characteristic protected by law.

 

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.

 





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