About this role
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
The Assistant General Counsel – Insurance Regulatory and Transactional Support will provide senior-level legal and regulatory counsel to support to the Starr property and casualty insurance company's U.S. domestic insurance regulatory function, and will support transactional, corporate, regulatory and licensing matters affecting the organization's U.S. insurance operations. This position reports directly to the General Counsel and works closely with senior management, the compliance function, and business unit leaders across the organization.
Key Responsibilities
> Provide senior-level legal and regulatory support for the organization's U.S. property and casualty insurance operations, including admitted and surplus lines matters.
> Advise on compliance with U.S. state insurance holding company laws, market conduct standards, rate and form filing requirements, and other insurance department regulations.
> Manage the insurance regulatory licensing function to ensure timely and accurate compliance with company, agency, producer, and adjuster licensing, reporting, and filing requirements across U.S. jurisdictions.
> Serve as primary or supporting legal contact with state insurance departments and the National Association of Insurance Commissioners (NAIC) in connection with financial examinations, market conduct examinations, regulatory inquiries, and investigations.
> Provide legal support for corporate transactions affecting the organization's U.S. insurance entities, including mergers and acquisitions, reinsurance transactions, restructurings, redomestications, insurance holding company act filings, including Forms B, C D and F filings, and other change-of-control or affiliate transaction filings.
> Draft, review, and negotiate commercial contracts, including managing general agent (MGA) agreements, program agreements, third-party administrator agreements, vendor agreements, and other insurance-related commercial arrangements.
> Identify and analyze legal and regulatory issues affecting the U.S. property and casualty business, draft key legal documents, and present clear, actionable recommendations to senior management and business unit leaders.
> Advise on corporate governance matters for U.S. insurance subsidiaries, including board and committee matters, corporate formalities, and governance-related regulatory requirements.
> Assist in the formation and licensing of new U.S. insurance entities, including incorporation, certificate of authority applications, and expansion of lines of authority.
> Monitor and analyze developments in U.S. insurance regulatory law and NAIC model act adoption that may create risk for or otherwise affect the organization; counsel internal business clients on the practical and business implications of these developments.
> Assist in developing and implementing policies, procedures, and risk mitigation
strategies to address regulatory compliance obligations and emerging regulatory risk. > Collaborate with the compliance, actuarial, underwriting, and claims functions to
provide coordinated legal support on regulatory and transactional matters.
> Support the General Counsel and broader legal team on special projects and strategic initiatives as needed.
Qualifications/Experience
· J.D. from an accredited law school and active membership in good standing in at least one U.S. state bar.
· Minimum of 8-10 years of relevant legal experience, with substantial experience in U.S. insurance regulatory and transactional law gained at a law firm, insurance company, and/or state insurance department; property and casualty insurance experience strongly preferred.
· Demonstrated experience handling insurance regulatory filings, licensing matters, and interactions with state insurance departments and the NAIC.
· Experience supporting corporate and transactional matters involving insurance entities, including Forms B, C, D and F filings, reinsurance arrangements, and commercial contract negotiation.
· Strong working knowledge of state insurance holding company acts, financial and market conduct practices, and related U.S. insurance regulatory frameworks.
· Excellent analytical, drafting, and negotiation skills, with the ability to translate complex regulatory requirements into practical business guidance.
· Strong communication and interpersonal skills, with the ability to work effectively with senior management, business units, and external regulators.
· Ability to manage multiple matters independently in a fast-paced environment, with sound judgment and attention to detail.
For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $275,000-$300,000
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.