Full-Time

Director & Assistant General Counsel

Corporate Legal, Regulatory Enforcement

Confirmed live in the last 24 hours

Geico

Geico

10,001+ employees

Direct-to-consumer auto and home insurance

Financial Services

Compensation Overview

$175k - $274kAnnually

Senior, Expert

No H1B Sponsorship

Bethesda, MD, USA

Hybrid role for candidates in Washington, DC or NYC metro areas, requiring 3 days/week in Chevy Chase, MD or NYC office.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • Min 8-10 years of insurance regulatory legal experience in an insurance company, law firm, or state insurance department.
  • Minimum 3 years of experience managing insurance professionals on insurance regulatory engagements.
  • Experience leading legal engagement with insurance department exams and inquiries along with positive history of regular and direct interaction with regulators.
  • Strong research and analytical skills and expertise regarding state laws and regulations applicable to property/casualty insurance. Auto insurance experience strongly preferred.
  • Strong executive communication and presentation skills.
  • Experience with business counseling, including the ability to advise on complex issues to business professionals at every level of the organization.
  • Ability to multi-task, prioritize projects, manage deadlines and engage effectively in cross-functional collaboration across the company.
  • Enthusiasm for working in a team-oriented, dynamic environment; ability to work independently with minimal supervision of day-to-day tasks while also identifying matters requiring escalation.
  • Juris Doctorate from accredited law school, licensed to practice law in at least one state.
Responsibilities
  • Successfully manage, mentor and develop team of regulatory enforcement attorneys in executing their individual responsibilities for regulatory exams and other regulatory inquiries, while managing individual responsibilities for assigned regulatory engagements.
  • Collaborate with and support internal clients on insurance regulatory examinations and other regulatory inquiries/complaints.
  • Lead GEICO’s day-to-day direct engagement with state insurance department regulators during examinations and other regulatory inquiries/complaints to negotiate and secure favorable resolution of pending regulatory matters.
  • Prepare memoranda and correspondence regarding relevant insurance legal and regulatory issues arising during regulatory exams or other regulatory complaints/inquiries.
  • Identify and assess risk exposure to GEICO during regulatory exams or other regulatory complaints/inquiries based on comprehensive understanding of relevant statutes, regulations, regulatory interpretations and desk drawer rules.
  • Provide strategic legal counsel, identify regulatory trends, and educate business leaders on a wide range of insurance regulatory matters to support the business leaders in managing regulatory risk.
  • Collaborate with all disciplines within the legal organization (including the government and regulatory affairs team and other specialized legal divisions), as well as corporate compliance, business operations units (sales, service, underwriting, claims), product management (business line owners), finance, and licensing, to provide legal/regulatory advice and risk assessments related to regulatory inquiries.
  • Work closely with compliance teams to assess and mitigate regulatory risk.
  • Limited domestic travel to engage and build relationships with insurance regulators and/or business clients to effectively represent GEICO’s interests.
  • Prepare drafts of executive-level presentations, reports, and updates for key stakeholders, including C-suite leadership which include summarizing complex topics and recommend solutions.
  • Special projects as assigned.

GEICO provides a range of insurance products, with a primary focus on auto insurance. The company sells policies directly to consumers, which allows them to offer lower rates by eliminating intermediaries like brokers. Customers can obtain quotes, manage their policies, and file claims through GEICO's user-friendly website. In addition to auto insurance, GEICO also covers motorcycles, ATVs, RVs, as well as home and renters insurance. What sets GEICO apart from its competitors is its strong online presence and memorable advertising campaigns that enhance brand recognition and customer loyalty. The company's goal is to simplify the insurance process for its customers while providing competitive rates and comprehensive coverage options.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Tulsa, Oklahoma

Founded

1936

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into commercial insurance diversifies revenue and reduces dependency on auto insurance.
  • Recent $2 billion profit in Q3 supports investments in technology and service enhancements.
  • New fan engagement platform with MLB boosts brand visibility through sports marketing.

What critics are saying

  • Increased regulatory scrutiny from data breaches may lead to higher compliance costs.
  • Departure of key marketing personnel could disrupt customer acquisition strategies.
  • Customer dissatisfaction with claims handling could harm reputation and retention.

What makes Geico unique

  • GEICO's direct-to-consumer model offers competitive rates by eliminating intermediaries.
  • Strong online presence allows easy policy management and claims filing for customers.
  • Memorable advertising campaigns enhance brand recognition and customer loyalty.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

Professional Development Budget