Strategic Partnerships - Senior Counsel

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 success
• Serve as lead attorney for one of the distribution teams and anticipate future legal needs
• Collaborate with the contracts team to manage the negotiation and drafting of relevant commercial agreements
• Provide legal guidance on marketing materials related to third-party distribution of insurance and the specifics of how GEICO’s products are sold
• Coordinate support for assigned business units from other parts of the legal department
• Use 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 partnerships
• Must have a law degree and an active law license to practice in the United States of America
• Strong listening and communication skills
• Ability to quickly digest and understand business plans, processes, and procedures
• Ability to provide legal advice with incomplete information
• Superb judgement about legal and legal-adjacent risks as well as mitigation opportunities
• Must be solution oriented
• Must have demonstrated experience solving business problems and advancing business metrics

Preferred Qualifications:

• Experience drafting and negotiating partner-type agreements
• Proven success working on novel and emerging issues
• Strong interpersonal skills and ability to interact effectively with both internal clients and external business partners
• Ability 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

LI-HB1

 

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 Leave
• 401(k) Plan
• Tuition Assistance
• Paid Training and Licensures

*Benefits may be different by location.  Benefit eligibi