Assistant General Counsel, Mexico at AIG

Mexico City, Mexico City, Mexico

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, ReinsuranceIndustries

Requirements

JD and bar admission required
Three to five years of legal experience in the reinsurance and/or insurance industry
Energetic, engaged and collaborative team member
Business acumen, negotiation and organizational agility, presentation and problem-solving skills and sound judgment
Strong negotiating and communication skills, with advanced English skills (written and verbal)
Ability to analyze complex situations and prioritize actions
Ability to interact with internal/external clients and brokers, with all levels of underwriting business partners, from senior executives to more junior underwriters, and with other legal and service teams within the company

Responsibilities

Negotiating, drafting, and reviewing insurance policies, contracts, endorsements, marketing material, and other ancillary documents
Providing legal advice on legal and regulatory matters (in Spanish and English)
Interacting with the regulator to support the filing and approval of products of all lines of business
Serving as key point of interaction between the business units and regulator in responding to demands and requests
Developing training for internal departments on new regulation and other requirements
Overseeing external counsel in connection with administrative and judicial proceedings
Providing critical legal and regulatory support with regard to business mainly in relation to transactional, legal, regulatory and compliance matters, as it offers products, services, and pursues new business opportunities

Skills

Key technologies and capabilities for this role

JDBar AdmissionInsurance LawReinsuranceContract NegotiationDraftingRegulatory ComplianceSpanishEnglishNegotiationCommunicationProblem-Solving

Questions & Answers

Common questions about this position

What qualifications are required for the Assistant General Counsel, Mexico position?

A JD and bar admission are required, along with three to five years of legal experience in the reinsurance and/or insurance industry. Strong negotiating and communication skills, advanced English skills (written and verbal), business acumen, and problem-solving abilities are also essential.

Is this a remote position or does it require office presence?

The role requires team members to be primarily in the office to support in-person collaboration, which is a vital part of AIG's culture.

What does the benefits package include at AIG?

AIG offers a Total Rewards Program, a comprehensive benefits package focused on health, wellbeing, financial security, and professional development.

What is the reporting structure for this role?

The position reports to Mexico’s General Counsel within the AIG Legal Department, with a matrix report to the LAC General Counsel.

What kind of candidate is AIG looking for in this role?

AIG seeks an energetic, engaged, and collaborative attorney with business acumen, negotiation skills, problem-solving abilities, and the capacity to analyze complex situations and interact effectively at all levels.

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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