Hybrid Deputy General Counsel, Risk & Insurance

at HUB International

• Job title: Deputy General Counsel, Risk & Insurance
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: $225,000 - $300,000 per year
• Degree requirement: Postgraduate Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Deputy General Counsel providing legal counsel on compliance matters and corporate governance for HUB International. Leading regulatory matters and managing a team of legal professionals.

Responsibilities

• Provide sound and practical legal counsel to senior management on legal, regulatory and compliance matters affecting HUB’s U.S. entities and brokers.
• Partner with the General Counsel, Canadian Operations and his team in aligning policies, procedures, and Broker Standards, where permissible by law, to better ensure consistency.
• Lead and consult on corporate governance issues, including the Broker Standards, as well as on commercial and legal support and guidance to the operating leaders of the business.
• Support complex issues arising out of Mergers and Acquisition activity, including questions concerning due diligence, integration and potential regulatory issues.
• Negotiate and draft, and supervise and train others in drafting significant contracts including HUB’s client contracts, carrier agreements, sub-broker agreements, referral agreements and affinity agreements.
• Review business proposals and advise on permissible forms of broker compensation.
• Offer leadership, mentoring, and legal advice to the Legal & Compliance team regarding questions of policies and procedures and the insurance regulatory landscape.
• Support HUB’s multi-disciplinary team on data breach reporting and response to the extent necessary and with the understanding of state regulatory requirements in the insurance brokerage industry.
• Provide legal advice to the business and the compliance and national licensing teams on licensing issues, joint ventures, and on cross-selling opportunities.
• Manage direct report attorneys and paralegals in the P&C regulatory space.

Requirements

• Active J.D. in good standing required in at least one state
• 15+ years of broad legal experience working on complex legal and insurance regulatory issues
• Deep experience with contract negotiations and drafting in the insurance brokerage space
• Ability to work collaboratively with and communicate clearly to associates in HUB’s other legal and corporate functions (finance and accounting, information technology, marketing and M&A) as well as with business leaders of HUB’s insurance broker businesses
• Experience working on regulatory responses including complaint responses, requests for information and regulatory audit responses
• Experience negotiating with insurance regulators regarding matters of enforcement and ongoing supervision
• Broad and in-depth understanding of the commercial insurance business, including MGA, MGU and non-admitted markets.

Benefits

• health/dental/vision/life/disability insurance
• FSA
• HSA
• 401(k) accounts
• paid-time-off benefits such as vacation, sick, and personal days
• eligible bonuses, equity and commissions for some positions