Job Information
AIG Assistant General Counsel in Hong Kong
At AIG, we are reimagining the way we help customers to manage risk. Join us as Assistant General Counsel to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Our Global Legal, Compliance and Regulatory (GLCR) team provides first class advice to colleagues and functions across the organization – ensuring AIG navigates an ever-changing landscape that spans state, federal, and international lines. The team has a multi-dimensional impact, from helping avoid legal exposure to collaborating with other functions to develop cutting-edge new products.
How you will create an impact
The Assistant General Counsel is responsible for all legal, regulatory and corporate governance matters of one of the largest general insurance companies operating in Hong Kong and Macau.
Product – Drafting, structuring and reviewing insurance and reinsurance policies, endorsements and product marketing documentations on commercial lines (financial lines, casualty, property, marine, trade credit, surety and SME) and consumer lines (A&H and personal lines) insurance business. Providing contractual interpretation advice on all matters across all product lines.
Distribution – Drafting broker and agency related agreements. Structuring and advising on direct-to-customer digital distribution channels and drafting necessary agreements for program administration; reviewing all marketing materials; advising on legal issues arising from agency force and insurance broker distribution channels and on multinational insurance matters.
Regulatory – Serving as a contact with Hong Kong and Macau regulators and industry associations. Responsible for regulatory applications on outsourcing, capital changes, change of controllers/key persons in control functions, change of directors and CEOs. Responsible for reviewing and approving all responses for customer complaints to the regulator. Responding to consultations on new legislation and guidelines and dealing with ad-hoc queries. Advising the business on regulatory issues and exposures and updating the business on regulatory developments. Dealing with regulatory investigations and inspections.
Corporate Governance and Company Secretarial –Serve as company secretary for AIG companies in Hong Kong
Employment – Providing advice on employment issues and dealing with dispute resolution mechanisms involving external regulators such as the Equal Opportunities Commission.
General – Advising and giving opinions on all in-house legal, regulatory and compliance matters including matters relating to insurance, data privacy, direct marketing, litigation, disputes, competition law, customer servicing and intermediary related legal issues, complaints and bankruptcy issues; performing legal research.
What you’ll need to succeed
L.L.B or equivalent either in Hong Kong or from a common law jurisdiction. Admitted to practice law in Hong Kong
At least 10 years of post-qualification experience as a solicitor from leading law firms or counsel from in-house legal positions
Must have a deep understanding of Hong Kong insurance law, codes and guidelines, and have worked in the insurance sector or private practice specializing in insurance law.
Excellent command of written and spoken English. Candidates who is fluent in Cantonese and can speak and write Chinese will have an advantage.
Must be able to operate autonomously with limited direct supervision.
This role requires someone with strong business sense, sound judgment, first-class legal analytical skills, leadership talent, the ability to work under pressure, a problem-solving approach and an instinctive desire to help colleagues accomplish their goals, even if this means stepping outside their formal remit to assist.
The ability to work efficiently and cooperatively with business colleagues to deliver business objectives is important.
Ability to manage multiple tasks and have good management, communication and interpersonal skills.
Ready to take your career to the next level? We would love to hear from you.
Reimagining insurance to make a bigger difference to the world
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. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .
Functional Area:
LG - Legal, Regulatory & Gov't Affairs
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Insurance Hong Kong Limited
At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (http://www.twitter.com/AIGInsurance) | LinkedIn (http://www.linkedin.com/company/aig) .