Geico
Counsel, Corporate Legal - Regulatory Enforcement
Geico, Chevy Chase, Maryland, United States, 20815
Counsel, Corporate Legal - Regulatory Enforcement
Apply remote type: Remotelocations: Chevy Chase, MDtime type: Full timeposted on: Posted 2 Days Agojob requisition id: R0054639The Counsel role within the Corporate Legal – Regulatory Enforcement group provides legal and regulatory advice on market conduct exams and other regulatory inquiries for GEICO’s various insurance lines and business units, including sales, underwriting, claims, product management & insurance compliance.
Responsibilities include:
Lead GEICO’s day-to-day engagement with state insurance department regulators regarding examinations and other regulatory inquiries/complaints.Collaborate with and support internal clients on insurance regulatory examinations and other regulatory inquiries/complaints.Effectively represent the Company’s interests in securing/negotiating favorable resolution of these matters.Research and draft memoranda on relevant insurance legal and regulatory issues that arise during regulatory exams and other regulatory complaints/inquiries.Identify and assess risk exposure to the Companies during regulatory exams or other regulatory complaints/inquiries based on comprehensive understanding of relevant statutes, regulations, regulatory interpretations and desk drawer rules.Provide strategic legal counsel, identify regulatory trends, and educate business leaders on a wide range of insurance regulatory matters to assist business leaders in managing regulatory risk.Collaborate with all disciplines within the legal organization (including the government and regulatory affairs team and other specialized legal divisions), as well as corporate compliance, business operations units (sales, service, underwriting, claims), product management (business line owners), finance, and licensing, to provide informed legal/regulatory advice and risk assessments related to regulatory inquiries.Work closely with compliance to assess and mitigate regulatory risk.Limited domestic travel to engage and build relationships with insurance regulators and/or business clients to effectively represent GEICO’s interests.Special projects as assigned.Desired Qualifications:Minimum of 4-6 years of legal experience with insurance regulatory legal matters, preferably in an insurance company, law firm, or state insurance department. Minimum years of legal experience considered depends on the type/nature of candidate’s prior experience.Property/casualty experience (auto insurance experience strongly preferred).Strong research skills and knowledge and expertise regarding state laws and regulations applicable to insurance.Experience leading legal engagement with insurance department exams and inquiries along with positive history of regular and direct interaction with regulators.Executive communication and presentation skills valued.Analytical acumen on legal and regulatory risks as well as on business issues.Experience with business counseling, including the ability to advise on complex issues to business professionals at every level of the organization.Ability to work independently, multi-task, prioritize projects, manage deadlines and engage effectively in cross-functional collaboration across the company.Enthusiasm for working in a team-oriented, dynamic environment; ability to work independently with minimal supervision of day-to-day tasks while also appropriately identifying matters requiring escalation to management; strong service-oriented disposition.Education:
Juris Doctorate from an accredited law school, licensed to practice law in at least one state.Location:
Is flexible and can be remote; however, if located in the Washington, DC or New York City metro areas, it would be a hybrid role with 3 days/week in our Chevy Chase, MD or NYC office.Annual Salary$148,000.00 - $230,000.00The 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.Benefits:As an Associate, you’ll enjoy our Total Rewards Program to help secure your financial future and preserve your health and well-being, including:Premier Medical, Dental and Vision Insurance with no waiting period.Paid Vacation, Sick and Parental Leave.401(k) Plan.Tuition Reimbursement.Paid Training and Licensures.*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.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.
#J-18808-Ljbffr
Apply remote type: Remotelocations: Chevy Chase, MDtime type: Full timeposted on: Posted 2 Days Agojob requisition id: R0054639The Counsel role within the Corporate Legal – Regulatory Enforcement group provides legal and regulatory advice on market conduct exams and other regulatory inquiries for GEICO’s various insurance lines and business units, including sales, underwriting, claims, product management & insurance compliance.
Responsibilities include:
Lead GEICO’s day-to-day engagement with state insurance department regulators regarding examinations and other regulatory inquiries/complaints.Collaborate with and support internal clients on insurance regulatory examinations and other regulatory inquiries/complaints.Effectively represent the Company’s interests in securing/negotiating favorable resolution of these matters.Research and draft memoranda on relevant insurance legal and regulatory issues that arise during regulatory exams and other regulatory complaints/inquiries.Identify and assess risk exposure to the Companies during regulatory exams or other regulatory complaints/inquiries based on comprehensive understanding of relevant statutes, regulations, regulatory interpretations and desk drawer rules.Provide strategic legal counsel, identify regulatory trends, and educate business leaders on a wide range of insurance regulatory matters to assist business leaders in managing regulatory risk.Collaborate with all disciplines within the legal organization (including the government and regulatory affairs team and other specialized legal divisions), as well as corporate compliance, business operations units (sales, service, underwriting, claims), product management (business line owners), finance, and licensing, to provide informed legal/regulatory advice and risk assessments related to regulatory inquiries.Work closely with compliance to assess and mitigate regulatory risk.Limited domestic travel to engage and build relationships with insurance regulators and/or business clients to effectively represent GEICO’s interests.Special projects as assigned.Desired Qualifications:Minimum of 4-6 years of legal experience with insurance regulatory legal matters, preferably in an insurance company, law firm, or state insurance department. Minimum years of legal experience considered depends on the type/nature of candidate’s prior experience.Property/casualty experience (auto insurance experience strongly preferred).Strong research skills and knowledge and expertise regarding state laws and regulations applicable to insurance.Experience leading legal engagement with insurance department exams and inquiries along with positive history of regular and direct interaction with regulators.Executive communication and presentation skills valued.Analytical acumen on legal and regulatory risks as well as on business issues.Experience with business counseling, including the ability to advise on complex issues to business professionals at every level of the organization.Ability to work independently, multi-task, prioritize projects, manage deadlines and engage effectively in cross-functional collaboration across the company.Enthusiasm for working in a team-oriented, dynamic environment; ability to work independently with minimal supervision of day-to-day tasks while also appropriately identifying matters requiring escalation to management; strong service-oriented disposition.Education:
Juris Doctorate from an accredited law school, licensed to practice law in at least one state.Location:
Is flexible and can be remote; however, if located in the Washington, DC or New York City metro areas, it would be a hybrid role with 3 days/week in our Chevy Chase, MD or NYC office.Annual Salary$148,000.00 - $230,000.00The 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.Benefits:As an Associate, you’ll enjoy our Total Rewards Program to help secure your financial future and preserve your health and well-being, including:Premier Medical, Dental and Vision Insurance with no waiting period.Paid Vacation, Sick and Parental Leave.401(k) Plan.Tuition Reimbursement.Paid Training and Licensures.*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.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.
#J-18808-Ljbffr