Counsel 2 providing legal guidance and support in insurance regulatory matters at Transamerica. Focused on Life Insurance and Supplemental Health insurance within the organization.
Responsibilities
Provide legal advice and support in the development, maintenance and offering of life insurance products and services for our Individual Life Insurance division.
Will also provide support for our supplemental health insurance products and services for our Group Employee Benefits division.
Prepare, review and negotiate legal contracts, documents and agreements, including marketing, distribution, administration, TPA and/or vendor agreements for the review of senior team members.
Advise on legal risks and potential impacts of business decisions, as well as escalated claims and consumer complaints.
Monitor, review and interpret relevant changes in laws, rules and regulations, particularly those related to insurance regulations.
With guidance from a senior attorney, educate business partners of the potential impact to Transamerica’s life insurance and supplemental health insurance products, work cross-functionally with compliance, product, and operations to comply with applicable laws and regulations while minimizing client impact.
Draft regulatory responses, disclosures, and other correspondence that may include Market Conduct issues for the review of senior team members.
Collaborate with internal compliance teams to develop and implement policies and procedures to mitigate legal risks.
Work on legal issues where analysis requires identification and evaluation of multiple factors.
Review and interpret laws and regulations as they relate to employer groups, associations, labor unions, and other non-employer groups to ensure they comply with state law prior to issuing policies.
Requirements
JD from an ABA accredited law school
Member of the Bar in good standing of any US jurisdiction
Two years experience with insurance regulatory issues and/or a focus on life insurance, supplemental health insurance, and state insurance matters with knowledge of relevant laws, rules and regulations
Effective communicator, both in writing and orally, with the intended audience
Able to exercise sound judgment in a fast-paced environment
Able to exercise agility and adaptability in providing legal advice
Comfortable in a rapidly changing corporate environment
Proficient using MS Office
Effective organizational and project management skills with an ability to manage multiple priorities
Action oriented, timely and organized with ability to prioritize workload with accuracy and attention to detail
Focuses on creating an environment of honesty, inclusion and respect for others, is open to and champions differing ideas and perspectives, and collaborates in a fully inclusive manner
Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Job title
Counsel 2 – Insurance Regulatory Counsel, Life Insurance/Employee Benefits
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