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The Director & Assistant General Counsel role within the Corporate Legal – Regulatory Enforcement team provides legal and regulatory advice on market conduct exams and other regulatory inquiries for GEICO’s various insurance lines and its business units, including sales, underwriting, claims, product management & insurance compliance teams. The Director & Assistant General Counsel is a senior-level position within the Regulatory Enforcement legal team and has management responsibilities.

Responsibilities include:

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.

Desired Qualifications:

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.

Education: Juris Doctorate from 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

Annual Salary

$175,000.00 - $274,000.00

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 periodPaid Vacation, Sick and Parental Leave401(k) PlanTuition ReimbursementPaid Training and LicensuresBenefits may be different by location. Benefit eligibility requirements vary and may include length of service. Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.