Location US-IL-Bloomington
Job Category Legal, Compliance, and Risk Management
Position Type Regular Full Time
Req ID 46055
Overview

Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.

Responsibilities

State Farm Mutual is offering an opportunity to join our Life/Health/Investment Planning Services Unit within our Corporate Law Department located in Bloomington, IL. Our Law Department employees are challenged, guided, and empowered. As a community, we help one another grow professionally and personally. It’s part of who we are and have been since 1922. The position is located in Bloomington, IL, at State Farm’s corporate headquarters and is classified as a hybrid role, meaning that the work arrangement calls for hours in the office and virtually. Everyone in a hybrid role is required to spend time in the office. Work arrangements could change over time based on business needs.

The Counsel position within the Life/Health/Investment Planning Services Unit provides legal advice on the development and offering of a variety of life insurance and financial services products. Counsel provides insurance claims counseling and regulatory and operational legal advice on life insurance, annuities, including variable insurance products, disability income insurance, long-term care insurance, and health insurance. Depending on background and experience, Counsel may also advise on broker-dealer law and the Investment Advisors Act of 1940. Counsel in this unit may also supervise related litigation and represents the organization on regulatory matters in front of various governmental agencies. In part, the lawyer selected will:

• Provide legal advice to appropriate representatives of the State Farm companies
• Provide legal services on behalf of the State Farm companies
• Analyze legal problems and interpret laws and regulations
• Possess knowledge of company structure and general departments
• Display advanced knowledge of legal principles and practices related to the subject matter of the attorney’s area of practice and/or leadership management skills
• Demonstrate the ability to effectively collaborate and communicate on complex legal issues
• Anticipate and respond effectively to client’s needs and actively assist clients by practicing preventative law
• Demonstrate the ability to be creative in approaching legal matters
• Act as an established resource for the organization on complex issues

Qualifications

• Law Degree from an ABA accredited law school with outstanding academic credentials.
• Must have active license to practice law in at least one state and be a member in good standing of the bar and the ability to gain admission by reciprocity as a Corporate Counsel in Illinois
• 10+ years of In-House Insurance related experience advising life insurance companies, broker-dealer, or investment advisors with preferred emphasis on life and health insurance claims counseling
• A proactive and preventative lawyering mindset
• Commitment to providing quality legal advice
• Learning agility, including demonstrated willingness to develop expertise in new subject matter areas
• An ability to collaborate with a diverse group of internal and external stakeholders to deal with complex issues in a challenging environment
• Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work opportunity

Additional Details

• Other than as authorized by the General Counsel or her designee, employees are not permitted to handle any legal business outside of State Farm except authorized pro bono work
• Newly hired employees must cease all outside practice and all suit involvement before joining State Farm
• Travel may be required via commercial transportation or driving to job related activities
• May work irregular hours due to workload and nature of work
• Relocation benefits may be available depending on eligibility and position

#SFPL PM22 #LI-SK2

Our Benefits

Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!

• Potential starting salary range: $137,000.00 - $215,000.00
• Starting salary will be based on skills, background, and experience
• High end of the range limited to applicants with significant relevant experience
• Potential yearly incentive pay up to 30% of base salary

At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!

• Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
• Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
• Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
• Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
• Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
• Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
• Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!