Assistant General Counsel, Contracts at AIG

Parsippany, New Jersey, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

J.D. degree from an accredited law school and in compliance with all relevant state bar licensing requirements, including the licensing requirements of the jurisdiction where the role will be located
3+ years of law firm and/or in-house experience with a concentration on drafting and negotiating commercial contracts for the acquisition of goods and services
Excellent written, verbal, and presentation skills
A leader who collaborates effectively with colleagues at all levels of the Company, including executives, and across different functions to drive optimal outcomes
Strong initiative and work ethic, including the ability to work well under pressure and independently, with demonstrated time and change management skills, and the ability to handle multiple priorities in a dynamic environment
Sound judgment and good business sense, including the ability to provide tailored, practical advice based on context

Responsibilities

Drafting, reviewing and negotiating a broad range of commercial agreements for the acquisition of goods and services, including agreements relating to professional services (such as consulting and talent acquisition), business process outsourcing, market data, and marketing, advertising and promotional arrangements
Advising global sourcing and business stakeholders on a range of supply chain and legal issues, including contract interpretation, business operations, and contract risks
Collaborating with subject matter experts (e.g., privacy, intellectual property, insurance and cybersecurity) to ensure comprehensive and consistent legal advice on all procurement transactions
Creating and continuously improving AIG’s contract processes and policies

Skills

Key technologies and capabilities for this role

Contract DraftingContract NegotiationContract ReviewCommercial AgreementsProfessional Services ContractsConsulting AgreementsBPO AgreementsMarket Data AgreementsMarketing AgreementsSupply Chain LawContract InterpretationLegal Risk Assessment

Questions & Answers

Common questions about this position

What is the salary for the Assistant General Counsel position?

This information is not specified in the job description.

Is this a remote position, or where is it located?

This information is not specified in the job description.

What qualifications and skills are required for this role?

Candidates need a J.D. degree from an accredited law school with relevant state bar licensing, 3+ years of law firm or in-house experience drafting and negotiating commercial contracts, excellent written, verbal, and presentation skills, strong collaboration abilities, and initiative with time management under pressure.

What is the company culture like for the legal team at AIG?

AIG’s Global Legal, Compliance, Regulatory and Government Affairs team is global, diverse, award-winning, and recognized for leadership and innovative solutions, providing high-quality advisory support with integrity while minimizing risks; team members are eligible for an award-winning pro bono program.

What makes a strong candidate for this Assistant General Counsel role?

Strong candidates have 3+ years of experience drafting and negotiating commercial contracts, a J.D. with bar licensure, excellent communication skills, leadership in collaboration across functions, and the ability to work independently under pressure.

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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