American international group, inc.
Corporate Counsel
Overview
The Corporate Counsel, Pacific will provide end-to-end legal and regulatory support to AIG’s Pacific operations (Australia and New Zealand).
About American international group, inc.
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.
Requirements & Eligibility
- Degree or tertiary qualification in law and an unrestricted Australian practising certificate
- Proven post-qualified senior legal experience gained in-house or in private practice, with general insurance experience critical
- Strong understanding of general insurance concepts and laws, Australian privacy law including the APPs, contract law and financial services laws
- Experience reviewing, drafting and negotiating insurance policy wordings, endorsements, schedules, binder agreements or other distribution arrangements
- Applicants must have valid rights to work in Australia
Key Responsibilities
- Review policy wordings, policy schedules and endorsements across insurance products.
- Advise on AIG form, broker-led and manuscript wordings, including negotiating wordings and endorsements with brokers and large corporate clients.
- Provide legal advice on distribution models, binder agreements and other third-party distribution arrangements, including assessing applicable regulatory requirements.
- Advise the business on compliance with insurance law and regulation, including the Corporations Act, Insurance Contracts Act, financial services laws and relevant regulatory expectations.
- Instruct and work closely with external counsel where specialised input is required, including in relation to complex policy wording reviews.
- Provide advice on premium funding arrangements and support underwriters in relation to policy cancellation matters.
- Review and sign off collateral, communications, disclaimers, legal notices and other customer or market-facing materials.
- Support broader legal, regulatory and company secretarial matters as required, including APRA and ASIC-related matters, and provide support across the team during peak periods.
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