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We are seeking an experienced attorney to join the Reinsurance Legal Team within General Insurance (GI) at AIG.
The team is comprised of attorneys and other professionals providing high quality advisory, transactional and regulatory support across GI on ceded and assumed reinsurance-related matters globally. This role will support projects that are time-sensitive, highly visible inside and outside of the company, and key to AIG’s strategic initiatives. This position reports to the Deputy General Counsel for Reinsurance.
As a leader, you are respected for your deep technical expertise and/or ability to oversee programs and processes. You balance the needs of multiple stakeholders and competing priorities. Ultimately, you take ownership for key outcomes. The successful candidate will have the opportunity to work on a wide variety of matters and interact directly with senior business leaders within AIG. Specific duties will include, but not be limited to:
Managing and negotiating the legal aspects of GI’s ceded reinsurance treaty programs globally across all property and casualty business lines.
Advising on reinsurance-related aspects of strategic transactions at AIG, including M&A, capital markets and insurance-linked securities (ILS) matters.
Counseling senior executives on matters relating to AIG’s reinsurance on its legacy/run-off operations.
Advising multiple business units on ceded and assumed facultative reinsurance transactions.
Managing the contractual aspects of internal reinsurance arrangements within AIG.
Working with AIG’s Multinational business, operational and legal teams to structure and implement the reinsurance aspects of complex multinational programs around the world.
Partnering with senior GI executives to enhance reinsurance governance.
Drafting and negotiating reinsurance and collateral documentation to implement captive reinsurance programs globally.
Working closely with AIG attorneys around the world to address legal, regulatory and compliance issues of all types related to reinsurance matters.
Juris Doctor required; U.S. state bar admission (NY preferable).
Minimum of 4+ years of legal experience (6+ years preferred) with a law firm and/or in-house counsel.
Experience with (re)insurance matters and (re)insurance-related corporate transactions preferred.
Demonstrated experience advising senior business partners/clients on complex reinsurance or other insurance transactional matters within aggressive timeframes.
Ability to manage multiple projects and assignments in a fast paced environment.
Ability to work collaboratively with peers and internal clients across a global organization as well as independently.
Experience in the insurance industry is required.
Internal Number: JR2008134
American International Group, Inc. (AIG) is a leading global insurance organisation. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
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