Senior Counsel, Corporate Legal – Regulatory Engagement

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. 

Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers’ expectations while making a real impact for our company through our shared purpose. 

When you join our company, we want you to feel valued, supported and proud to work here. That’s why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers.

The Senior Counsel role within the Corporate Legal – Regulatory Engagement group provides legal and regulatory advice on market conduct exams and other regulatory investigations for GEICO’s various insurance lines and its business units, including sales, underwriting, claims, product management & insurance compliance teams.
Responsibilities include:

• Oversee GEICO’s day-to-day direct engagement with state insurance department regulators during examinations and other regulatory inquiries/complaints.
• Ensure effective representation in securing/negotiating the favorable resolution of pending regulatory matters.
• Collaborate with and support internal clients on insurance regulatory examinations and other regulatory inquiries/complaints.
• Oversee preparation of research and memoranda on relevant insurance legal and regulatory issues arising during regulatory exams or other regulatory complaints/inquiries.
• Identify and assess risk exposure to the Companies during regulatory exams, investigations 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 informed legal/regulatory advice and risk assessments related to regulatory inquiries.
• Work closely with compliance 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.
• Special projects as assigned.
   

Desired Qualifications:

• Minimum of 6-10 years of property/casualty insurance legal regulatory experience, preferably in an insurance company, law firm, or state insurance department.
• Strong research, analytical and writing skills.
• Expertise regarding state laws and regulations applicable to insurance with auto insurance knowledge strongly preferred.
• Demonstrated experience leading legal engagement with insurance department exams and inquiries.
• 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 work independently, 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 identify matters requiring escalation to management; strong service-oriented disposition.
   

Education: Juris Doctorate from an accredited law school, licensed to practice law in at least one state.

Location: Is flexible and can be remote, however if located in the Washington, DC or New York City metro areas, would be a hybrid role with 3 days/week in our Chevy Chase, MD or NYC office

#LI-MD2

Annual Salary

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.

The GEICO Pledge:

Great Company: At GEICO, we help our customers through life’s twists and turns. Our mission is to protect people when they need it most and we’re constantly evolving to stay ahead of their needs.

We’re an iconic brand that thrives on innovation, exceeding our customers’ expectations and enabling our collective success. From day one, you’ll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on people’s lives.

Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career – and your potential – in mind.  You’ll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.

Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.

As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.

Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.

• Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your family’s overall well-being.
• Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
• Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
• Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.