Associate General Counsel

Posted:
6/19/2024, 5:00:00 PM

Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States ⋅ Zionsville, Indiana, United States ⋅ Indiana, United States

Experience Level(s):
Senior

Field(s):
Legal & Compliance

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Company Overview:

Clear Spring Property and Casualty Group (CSPCG) is comprised of four insurance carriers (Clear Spring Property and Casualty Company, Clear Spring Casualty Insurance Company, Clear Spring American Insurance Company, and Clear Spring National Insurance Company), each rated A- (Excellent) by A.M. Best. CSPCG assists companies in protecting themselves from today’s challenges through technology and innovation. CSPCG provides worker’s compensation, general liability, and other coverages through strong agency relationships.

Clear Spring Property and Casualty Group is a subsidiary of Delaware Life Insurance Company and its parent company, Group 1001, a collective that empowers companies to create positive growth. Everything Group 1001 does is designed to help individuals and communities thrive. Our insurance and annuities make financial products easy to understand and accessible to all. Our online investing platform gives individuals control over their savings and their futures. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports. Because we all have the power to grow better. Clear Spring’s risk management solutions evolve with market needs, while traditional insurance companies struggle to keep up. Our data-driven approach and mastery of emerging technologies provide a deeper connection with customers by developing smarter, more adaptive ways to interact that address the needs of brokers and their policyholders.

We’re confident that you’ll love partnering with us.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary

The Associate General Counsel is a critical role in providing legal expertise in support of the Property and Casualty business of Group 1001. This role requires having a strong background in property and casualty insurance, regulatory and compliance, reinsurance, claims, and contracts.

The Associate General Counsel works under the supervision of the Chief Legal Officer of the Clear Spring Property and Casualty Group and will assist in managing the legal needs of the Company and provide advice and counsel to all its various departments. 

Main Accountabilities

  • Develop and execute the Company’s legal strategy, aligning it with overall business goals and objectives;

  • Draft, review, and negotiate a variety of contracts and agreements, including vendor contracts, distribution partner agreements, reinsurance contracts, and other agreements.

  • Ensure the Company’s compliance with applicable laws and regulations;

  • Provide legal support to claims adjusters on various legal issues, including claims processes and insurance coverage;

  • Build strong relationships with internal stakeholders to understand their legal needs and provide strategic guidance;

  • Draft responses to state insurance department complaints;

  • Conduct legal research of appropriate laws, regulations, and standards applicable to the Company;

  • Respond promptly to requests for legal advice from various business areas while performing thorough legal analysis and presenting legal recommendations for resolution of issues;

  • Manage, from a legal perspective, the accounts receivable process;

  • Assist in managing the agency contracting process;

  • Assist with Company’s compliance with privacy and cybersecurity laws and regulations; and

  • Provide guidance on necessary adjustments in operations resulting from changes in laws and regulations.

Qualifications

  • JD degree required

  • 6+ years of legal experience working in, or representing, the insurance industry is required

  • Property and casualty experience, especially workers’ compensation, is preferred.

  • Excellent oral and written communication skills, with the ability to communicate complex legal concepts to non-legal business people.

  • Demonstrated ability to make sound legal judgments and provide practical, business-oriented solutions to complex legal issues

  • Process-oriented mindset, with proven ability to meet deadlines and be responsive to internal client requests

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. 

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