Vice President - Regional Head Of Insurance Law

Let’s care for tomorrow.

Your ambitions.  Your dreams.  Your tomorrow

At Allianz Commercial (AzC), 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, cyber-attacks or climate change impacts, AzC has the major risks covered when it comes to protecting businesses.

We are looking for a Vice President, Regional Head of Insurance Law based in Chicago or New York

Your Team

The Insurance Law Team provides timely, accurate legal advice to the Underwriting, Line of Business and Market Management organizations.  We provide focused legal advice and assist our clients on legal and regulatory interpretation and compliance, insurance policy form wordings, operational best practices, evaluation of risk, distribution, programs and MGAs, resolution of consumer concerns, and policyholder and agent communications.

The Impact You Will Have

Reporting to Regional Head of Legal, CEO - Legal - North America, you will join the team as a Vice President - Regional Head of Insurance law, responsible for providing strategic and operational leadership and general business counsel to all areas of the organization under the North American Region, including the Canada Branch, Latin America, and Allianz Risk Transfer.  You will work with senior business leaders in assuring strategic support for the company's objectives, acting as a trusted advisor regarding legal issues relating to implementation of regional strategy, processes, and products.  You will also manage a designated team of Insurance Law and litigation specialists.   

Some of your specific responsibilities could include:

• Planning, organizing and directing the work of assigned staff to research and address the legal issues within the Insurance Law specialty, including serving as a technical expert and resource for the Global Insurance Law Practice Group.
• Providing daily business counseling and advice across all Lines of Business (LOBs) and operational units carrying out a diversified commercial insurance business.
• Work with the Business Units, Market Management and Communications, Finance, Operations and Global Partners to deliver legal services to optimize the business in connection with the development, issuance, administration and distribution of the Company's insurance products and underwriting processes including restructuring activities and regional expansion.
• Proactively review and/or create standardized (re)insurance wordings and other types of commercial contracts across all functions, lines of business and jurisdictions for compliance with legal requirements and to reduce risk.
• Counsel senior management on legal handling of business transactions, participating in structuring and negotiating complex transactions and set up procedures to reduce risk.
• Coordinate the use of external law firms to reduce the amount spent while improving quality.
• Proactively lead and steer major corporate lawsuits, with an emphasis on solving disputes prior to litigation.
• Develop and review corporate governance and compliance procedures, proactively providing advice and support on implementation, while identifying potential legal or regulatory issues which may impact Allianz Commercial strategy, products or business.

What You’ll Bring to the Role

• 11+ years of leadership experience practicing in law firms or blue-chip companies;
• Demonstrated expert in large multi-line commercial insurance with a national and/or international focus;
• Experience with domestic admitted and non-admitted markets as well as with multinational insurance placements or analysis;
• Proven track record negotiating complex legal agreements as well as complex legal and business issues (i.e., licensing, program business, sanctions, broker issues, anti-trust, review marketing materials, etc.);
• Prior Litigation experience;
• Understanding of regulatory and compliance environment including relevant policies, laws and regulations - across multiple jurisdictions;
• Strong experience drafting and negotiating contracts and strategic management of contractual disputes;
• Ability to negotiate best position for Allianz Commercial, often in contentious situations, managing conflicting priorities of the various parties;
• Ability to express ideas and messages clearly, both written and verbally;
• Demonstrated skills regarding collaboration, innovation, and providing proactive legal advice.
• Ability to take initiative and solve problems;
• Strong leadership skills, with an ability to develop and motivate team members; and
• Juris Doctorate.

The annualized base pay range for this role is $136,889 - $270,074. 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 AzC 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.

40050 | Legal & Compliance | Management | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We 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 wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and 401K.

Let’s care for your opportunities to progress

From 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 turns

From 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 planet

With 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 Commercial (AzC) 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.

Recruitment Agencies: 
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC 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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