Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrowAt Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyberattacks or climate change impacts, AGCS has the major risks covered when it comes to protecting businesses.
We are looking for an Associate Counsel based in Chicago
Your Team The Corporate Law Team is committed to providing legal support and consultation in connection with corporate transactions, strategic investments, reinsurance, maintenance of the legal entity organization, and corporate governance matters. The Team manages the legal entity organization consisting of several regulated insurance companies and non-insurance companies, which involves adhering to corporate formalities (board and committee meetings, board resolutions, officer and director certifications) and holding company act compliance for the AGCS North America companies.
The Impact You Will Have Reporting to the Vice President and Associate General Counsel, you will join the team as an Associate Counsel who will work in specialized areas of corporate and transactional law with guidance, and independently in areas of insurance compliance, corporate governance and legal entity administration. You will be responsible for renovating the Corporate Governance function and administer Holding Company Act (HCA) compliance, as well as legal analysis and drafting, detailed corporate administration and governance support activities, and regulatory research.
Some of your specific responsibilities could include
- Assuring HCA compliance and establishing a process to solicit and process intercompany agreements for regulatory approval, including drafting and filing prior approval requests (including contract and context descriptions) and responding to DOI information requests as necessary, maintaining status reports of all filings.
- Coordinating, drafting and filing annual registration statements in all states of domicile, researching and updating procedures based on changes in laws and regulations;
- Reviewing and maintaining Service Level Agreements related to Group Agreements maintaining intercompany org chart and maintaining schedule of intercompany transaction limits applicable to all legal entities.
- Assisting with corporate transactions including drafting and proofing documents and applications and drafting and supporting negotiation of vendor and corporate agreements and transactional documentation.
- Performing and coordinating activities attendant to mergers, acquisitions, divestitures and dissolutions, processing/obtaining corporate and GMAC approvals as needed
- Performing research and analysis of statutes and regulations relating to insurance, corporate and general business matters, documenting and ensuring compliance with statutory and regulatory requirements related to the administration of the AGCS NA legal entities.
- Acting as AGCS NA Governance Caretaker in the oversight of AGCS NA System of Governance and the evaluation of the effectiveness of the system of governance elements.
- Retaining and organizing all significant corporate transactional documents and records in accordance with document retention policies
- Updating and processing the annual Form F, the Corporate Governance Annual Disclosure and overseeing review and approval of Corporate Rules and Policies.
What You’ll Bring to the Role
- A minimum of 3 years of insurance industry compliance experience;
- Experience providing Legal advice on complex regulatory and insurance law matters;
- Knowledge of a wide variety of substantive legal disciplines, including corporate law, accounting standards, and insurance regulation.
- Knowledge of current conduct of business regulatory standards and guidance;
- Experience working in a dynamic, complex professional environment;
- Experience with AGCS NA organization helpful;
- Project management skills;
- Excellent verbal and written communications skills;
- Strong analytical and problem-solving skills;
- Analyzing complicated insurance corporate law statutes and regulations, helping to develop this skill and knowledge within the team; and
- Juris Doctorate.
The annualized base pay range for this role is $92,217 – $156,348. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AGCS total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
What’s in it for you?
Let’s care about everything that makes you, youWe are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeingWe believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progressFrom career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turnsFrom our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We’ve got your back.
Let’s care for our society and our planetWith opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?Allianz Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking here.
Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our company culture.
People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies: AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.
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Nearest Major Market: Chicago