Address
Form of workAssociate General Counsel
Pay range $315 - $350/hr
Job Description
The Assistant General Counsel, Reinsurance Transactions will provide legal and strategic advice for the client's growing and dynamic (re)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 functional areas, to negotiate complex and Client 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 transaction documents and supervising outside counsel, between client 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 the company's Bermuda-affiliated reinsurers
Associate General Counsel will serve as strategic legal advisor on multi-billion dollar(re)insurance transactions, interacting directly and regularly with industry-leading institutional markets insurance business teams and legal colleagues, as well as members of the C-suite
Serve as a go-to advisor on regulatory matters (both U.S. and non-U.S.) affecting (re)insurance business
Lead coordination of various functional in order to advise on and facilitate business initiatives
Associate General Counsel will 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 Client 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 is 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 the 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 enterprises and present complex matters to senior business leaders
Strong communication skills, work ethic, and high level of personal integrity and accountability.
Benefits:
Medical, Vision, and Dental Insurance Plans
401k Retirement Fund
About The Company:
Our client is a leading U.S. retirement and life insurance company, with a broad range of competitive and innovative products, leading integrated risk and investment management, and highly experienced leadership. The company is committed to addressing its client's financial protection needs today and tomorrow.
Our client is successful because of its people. As the company continues to grow and thrive, they are looking for talented individuals who reinforce its culture of diversity, inclusion, innovation, and critical thinking. Great things happen when you harness the power of different perspectives and ideas in a diverse and inclusive workplace. From employee-led resource groups to conscious consideration in our recruiting process, to the CEO's pledge to reinforce a commitment to open dialogue and tackling unconscious bias - Our client embraces a culture of diversity and inclusion. As a company in our community, they believe they have a responsibility to support the communities where we work and focus their charitable efforts around this community-oriented philosophy.
24-05879
Pay range $315 - $350/hr
Job Description
The Assistant General Counsel, Reinsurance Transactions will provide legal and strategic advice for the client's growing and dynamic (re)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 functional areas, to negotiate complex and Client 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 transaction documents and supervising outside counsel, between client 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 the company's Bermuda-affiliated reinsurers
Associate General Counsel will serve as strategic legal advisor on multi-billion dollar(re)insurance transactions, interacting directly and regularly with industry-leading institutional markets insurance business teams and legal colleagues, as well as members of the C-suite
Serve as a go-to advisor on regulatory matters (both U.S. and non-U.S.) affecting (re)insurance business
Lead coordination of various functional in order to advise on and facilitate business initiatives
Associate General Counsel will 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 Client 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 is 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 the 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 enterprises and present complex matters to senior business leaders
Strong communication skills, work ethic, and high level of personal integrity and accountability.
Benefits:
Medical, Vision, and Dental Insurance Plans
401k Retirement Fund
About The Company:
Our client is a leading U.S. retirement and life insurance company, with a broad range of competitive and innovative products, leading integrated risk and investment management, and highly experienced leadership. The company is committed to addressing its client's financial protection needs today and tomorrow.
Our client is successful because of its people. As the company continues to grow and thrive, they are looking for talented individuals who reinforce its culture of diversity, inclusion, innovation, and critical thinking. Great things happen when you harness the power of different perspectives and ideas in a diverse and inclusive workplace. From employee-led resource groups to conscious consideration in our recruiting process, to the CEO's pledge to reinforce a commitment to open dialogue and tackling unconscious bias - Our client embraces a culture of diversity and inclusion. As a company in our community, they believe they have a responsibility to support the communities where we work and focus their charitable efforts around this community-oriented philosophy.
24-05879
