Description

GEICO is looking for an experienced legal professional with background to support commercial transactions and provide legal guidance for GEICO’s insurance distribution.  Your role will be to support the business as it develops and executes novel and cutting-edge ways of distributing insurance. You’ll do this by building a strong relationship with GEICO’s sales and distribution teams to understand their goals and plans, then collaborating to provide legal advice on how they plan on achieving their objectives using language appropriate for smart businesspeople who don’t have a legal background.  As you see where your clients are headed, you’ll also advise them on future risks and opportunities.  When your clients need specialized legal expertise, you’ll coordinate with your colleagues in the legal department who have specialized skills to make sure your clients get the support they need to excel.

Primary Responsibilities:

Under general supervision, understand all key business objectives and means of accomplishing them for distribution of insurance through third parties, ensuring compliance with applicable insurance regulations while driving toward business successServe as lead attorney for one of the distribution teams and anticipate future legal needsCollaborate with the contracts team to manage the negotiation and drafting of relevant commercial agreementsProvide legal guidance on marketing materials related to third-party distribution of insurance and the specifics of how GEICO’s products are soldCoordinate support for assigned business units from other parts of the legal departmentUse wide range of legal knowledge to issue and spot any implications of business choice that could interact with multiple legal subject areas such as privacy, insurance compliance, consumer-protection laws, intellectual property, and contractual obligations

Basic Qualifications:

Must have at least 8 years of experience at a law firm or in-house and preferably 6 years specifically legally advising on insurance, E-commerce, or sales of regulated products and on commercial agreements in the area of strategic partnershipsMust have a law degree and an active law license to practice in the United States of AmericaStrong listening and communication skillsAbility to quickly digest and understand business plans, processes, and proceduresAbility to provide legal advice with incomplete informationSuperb judgement about legal and legal-adjacent risks as well as mitigation opportunitiesMust be solution orientedMust have demonstrated experience solving business problems and advancing business metrics

Preferred Qualifications:

Experience drafting and negotiating partner-type agreementsProven success working on novel and emerging issuesStrong interpersonal skills and ability to interact effectively with both internal clients and external business partnersAbility to identify opportunities for enhancements or improvements and assist in implementation of creative solutions

Location: Hybrid – This position requires the individual to work 2-3 days onsite at our Chevy Chase, MD, [Cleveland, OH], or New York, NY location

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Annual Salary

$135,300.00 - $260,350.00

The 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 Leave401(k) PlanTuition AssistancePaid 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.