Assistant General Counsel

Profile

Assistant General Counsel
The candidate will be providing legal counsel, compliance guidance and interpretations of complex federal & state laws to support new insurance product development, new insurance product advertising, insurance product management, sales and marketing, and electronic transactions. Collaborating with other legal associates, and corporate and business units - including broker-dealer and retail registered investment advisor - to identify and address regulatory risk in operational functions. Working proactively with business partners in groups such as Actuarial, Marketing, Operations, Tax, etc. to identify legal issues and manage risk within their specialized area(s) of legal practice. Advising, collaborating and coordinating with leaders in business segments and enterprise functions (i.e., actuarial, marketing, operations, tax, etc.) on matters relating to legal and compliance risks pertaining to the respective area. Monitoring and evaluating insurance industry and regulatory developments, surveying the potential impact to corporate policies, and recommending appropriate responses to changes in the regulatory or industry environment. Developing and executing short-term operational plans that support the execution of higher-level compliance and legal strategies. Frequently managing external counsel on outsourced legal initiatives and representing the Company on mediations, including those of relatively high risk and exposure. Reviewing and negotiating mid-level to complex insurance and annuity-related contracts, as determined by total spending and the risk of breach. A Juris Doctorate and licensed to practice law in at least one jurisdiction. Should have 7 years of legal career experience, including at least 3 years in the insurance industry. Previous experience reviewing and negotiating mid-level to complex insurance and annuity-related contracts. Life and health insurance industry experience is strongly preferred. Should preferably have 10+ years of legal career experience, including at least 5 years in the insurance industry. Demonstrate an in-depth knowledge of legal/compliance principles in the life and health insurance and investment advisory industries and how it relates to enterprise-wide operations. Have experience in insurance policy form drafting (e.g., life, annuity, supplemental health) and other contract drafting and other writing skills within an insurance or investment advisory firm. Exhibit the ability to manage internal resources, as well as outside counsel and other contracted resources, to provide high-quality and timely services and guidance within established product development schedules. Can identify, develop, and implement plans to mitigate insurance industry compliance risk. Demonstrate mastery of key legal and compliance risks under federal and state laws pertaining to the design, marketing and administration of insurance products, and can identify & communicate to all areas of the organization potential risks & solutions, thinking creatively and partnering with the business to evolve solutions. Exhibit strong communication skills, both written and oral, to inform on highly technical specialized matters.

Company info

Sign Up Now - EmploymentCrossing.com