Zurich Insurance Company Ltd. Looking for Assistant General Counsel – Life, Accident & Health, Regulatory Insurance at Schaumburg, Illinois Full Time

Zurich North America has an exciting opportunity for a talented attorney to join the Legal Services team as an Assistant General Counsel within our prestigious Corporate Law department. This role will provide expert legal counsel on a broad range of life insurance and Accident & Health insurance regulatory matters to enable the business to achieve its strategic and commercial goals in accordance with applicable laws and regulations and to protect and preserve Zurich’s tangible and intangible assets. 

The ideal candidate will have experience in the Life insurance field as well as the A&H insurance field with an emphasis on regulatory issues that may impact the organization and stakeholders.

As a strategic partner to our business units, the ideal candidate will be able to provide expert legal advice on a wide variety of insurance regulatory matters including the development and distribution of our insurance products, and market conduct examinations. 

This Assistant General Counsel will also review contracts as appropriate, address corporate policy and compliance issues, as well as provide legal advice on insurance laws and regulations along the business value chain, from product development to distributing products in the market, supporting the business to achieve its strategic and commercial goals.

The preferred location is our Schaumburg, IL, or our New York City office. Relocation Assistance to our Schaumburg, IL will be considered. Zurich is proud to embrace a hybrid working environment. In this role you will be able work remotely 2-3 days a week.

NOTE: This position does not have litigation responsibilities.

 
As a member of the team, the Assistant General Counsel will:

• Act as a strategic partner to clients by consulting on complex regulatory issues with a focus on distribution-related matters, product development, and legal support of market conduct examinations
• Establish and maintain strong working relationships with key business unit leaders, functional subject matter experts, and other support unit personnel assigned to the business unit, to ensure the appropriate level of context and knowledge for the provision of effective legal guidance and delivery of problem-solving strategies
• Support management in developing open and transparent relationships with key stakeholders which is consistent with the organization values and compliant with the spirit and the letter of the law
• Proactively collaborate with the business unit leadership team in the development and execution of short-term and long-term strategies by providing legal perspective and partnering to problem-solve and identify creative, compliant solutions
• Communicate all business unit needs to the appropriate Legal Services team member(s) to secure the necessary resources and ensure timely and accurate support is provided

Basic Qualifications:

• Juris Doctor and 7 or more years of experience in the Legal area
  AND
• Member of the Bar
• Knowledge of NILS, Lexis or Westlaw

Preferred Qualifications:

• Ability to engage, inform and influence decisions at senior levels of the organization
• Insurance industry experience
• Knowledge of or direct experience in the Life insurance marketplace, including group/individual Life products ( i.e., term, variable and annuities), supplemental benefits (i.e.,  hospital indemnity, accident and other fixed indemnity products), group/individual disability income products and associated regulatory issues and requirements
• Knowledge of or direct experience in the Accident & Health marketplace, including products such as Group Accident, Occupational Accident, Specialty Health, and Travel insurance, and associated regulatory issues and requirements
• Knowledge of independent producer, broker, general agencies and bank distribution channels and Life administration
• Knowledge of group and individual insurance laws
• Ability to work in a team-based, solutions-oriented environment
• Creative problem-solver adept at working in a fast-paced environment and successfully managing competing interests of multiple internal and external stakeholders
• Knowledge of Commercial Insurance Laws and ERISA are an added plus

As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols ( ), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or negative COVID test results when allowable, to a third-party vendor. These are continuously re-evaluated and the requirements may change at any time.  
 
A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
 
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE Disability/Veterans 
 
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. 
 
Location(s): AM – Schaumburg, AM – New York, AM – Chicago
Remote Working: Flexwork (2-3 days per week)
Schedule: Full Time
 
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