Description:
Company Overview:An Insurance Company is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. An Insurance Company is a wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
We are looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.
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The Vice President and Assistant General Counsel – Transactions will provide legal and strategic advice for An Insurance Company's growing and dynamic insurance transactional business. The Vice President will work directly with the Institutional Markets business team in New York, Connecticut, and Bermuda, as well as colleagues throughout the Legal team and in other An Insurance Company functional areas, to negotiate complex and novel transactions and provide advice and legal support for the day-to-day functioning of a growing, dynamic and industry-leading business.
Responsibilities will include:
- Negotiate transactions, including drafting a wide range of transactions documents and supervising outside counsel, between An Insurance Company and third-party insurance companies. Types of transactions include, without limitation, block and flow reinsurance of annuities and life contracts and pension liabilities and retrocessions to An Insurance Company's Bermuda affiliated reinsurers
- Serve as strategic legal advisor on multibillion dollar(re)insurance transactions, interacting directly and regularly with An Insurance Company's industry-leading institutional markets insurance business teams and legal colleagues, as well as members of the C-suite
- Serve as go-to advisor on regulatory matters (both U.S. and non-U.S.) affecting An Insurance Company's (re)insurance business
- Lead coordination of various An Insurance Company functional are as in order to advise on and facilitate business initiatives
- Collaborate and serve as legal lead on developing and implanting best practices of a growing organization
- Lead evaluation of and present to senior leadership on novel matters and transactions
- Build and maintain partnerships with internal stakeholders as well as contacts within the broader legal & and compliance community
Qualifications:
- Juris Doctor degree (JD) and 6+ years of experience in the field of law, preferably including financial services/insurance or another regulated industry
- Experience with life/annuity reinsurance transactions
- Experience with pension risk transfer transactions
- Familiarity with the Model Holding Company Act a plus
- Experience independently, or leading a team, negotiating complex transactions
- Superior negotiation and drafting skills
- Superior ability to manage competing priorities of a variety of fast-paced, dynamic transactions
- Superior communication skills and ability to communicate complex topics succinctly to senior business and legal team members
- Desire to become subject matter expert with respect to a variety of transactions
- Superior judgment with ability to use independent judgment, think commercially, establish priorities, delegate, drive processes forward and work effectively on multiple initiatives concurrently
- Ability to work with a geographically dispersed team
- Capacity to consider, process and filter large amounts of complex information quickly and identify appropriate actions in a fast-paced environment
- Ability to work across enterprise and present complex matters to senior business leaders
- Strong communication skills, work ethic and high level of personal integrity and accountability
- Willingness to travel periodically to international locations for transaction negotiations, including to Bermuda
