Description:
About the role:An Insurance Company is one of the largest insurance organizations in the United States and a leader in today's financial services marketplace. We believe that our success depends on a world class team. If you would like to be part of this exciting organization, we invite you to consider putting your talents to work in our outstanding legal department. In this challenging and dynamic role, you will have the opportunity to provide advice, counsel, and guidance with respect to the broad range of legal and regulatory issues within our Individual Retirement and domestic Life Insurance business. We are seeking an attorney well versed in the legal and regulatory issues impacting life insurance and annuity products. This position will report to a Deputy General Counsel.
Responsibilities:
You will be working on various aspects of legal support for the Individual Retirement business of An Insurance Company. Examples of the work in which you will be involved include:
- You will provide trusted advice and counsel to the Individual Retirement & Life businesses of An Insurance Company working on all aspects of legal support for fixed and indexed life insurance and annuities: product manufacturing including research and development, distribution and marketing, administration and call center support and compliance with state and federal law.
- This includes drafting and review of various types of Reinsurance and reinsurance related agreements, advising on all disclosure and conflict of interest practices, supporting due diligence activities as well as insurance regulatory, legislative and compliance matters.
- This position provides a mix of support of our in-force book of business, as well as strategic and innovative initiatives designed to profitably grow our business.
- The role includes general contract review, contract drafting and negotiation in relation to ordinary course transactions and business initiatives, drafting of policies and procedures in relation to corporate and business unit initiatives, support of state legislation tracking and related matters, and special projects.
- You will work collaboratively with peers across Legal, Compliance and other control functions to ensure philosophical consistencies of approach and practice across diverse business lines, areas of legal practice and legal entities.
- Maintain and grow in-depth knowledge of the business and its activities in order to ensure adequate legal oversight and resources as the business needs evolve over time; advise on emerging legal issues.
- Provide recommendations as to early dispute resolutions in an effort to avoid litigation.
Skills and Qualifications:
- Minimum of 10 years of experience as a lawyer in the life andannuity, reinsurance field, in house and/or private practice, a focus on annuities, life insurance and related regulatory issues.
- Strategic thinking to plan, organize, manage to and execute to achieve organic growth and change.
- Proven verbal and written communications skills aimed at delivering direct messaging and achieving collaborative and practical results
- Self-starter with a “can-do” attitude and the ability to meet and exceed deadlines, prioritize, multi-task, and maintain flexibility in a fast-paced, changing environment.
- Ability to work on matters requiring focus, attention to detail and execution.
- Proven problem-solving skills that demonstrate creativity and commitment to core values.
- Demonstrated ability to balance thoughtful decision making with careful and timely execution.
- Experience in organizational environments using influence over authority to build consensus among diverse stakeholders.
- Prior experience with a large multinational law firm and/or in-house legal department.
- A strong educational background including a B.A./B.S. and J.D. from an accredited law school
- Admittance to at least one state bar with a preference for the following: NY, TX or CA.
