Provide legal advice and support in the development, maintenance and offering of life insurance products and services
Prepare, review and negotiate legal contracts, documents and agreements, including marketing, distribution, administration, TPA and/or vendor agreements
Advise on legal risks and potential impacts of business decisions
Provide advice regarding escalated claims and consumer complaints
Monitor, review and interpret relevant changes in laws, rules and regulations, particularly those related to insurance regulations and keep business partners informed of the potential impact to Transamerica’s life insurance business
Draft regulatory responses, disclosures, and other correspondence that may include Market Conduct issues
Collaborate with internal compliance teams to develop and implement policies and procedures to mitigate legal risks
Work on complex legal issues where analysis requires identification and evaluation of multiple factors
Educate business partners and work cross-functionally with compliance, supervision, risk, and business partners to achieve compliance with applicable laws and regulations while minimizing client impact
May review 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
Keep senior business management and operations personnel apprised of pertinent legal and regulatory developments
Exercise independent judgment regarding legal advice with limited supervision of a more senior attorney
Requirements
JD from an ABA accredited law school
Member of the Bar in good standing of any US jurisdiction
Senior level experience at a sophisticated law firm or in-house counsel with insurance regulatory legal experience (typically 5+ years)
5 years of relevant legal experience with a focus on life insurance, and state insurance matters with knowledge of relevant laws, rules and regulations
Able to effectively communicate, both written and oral, 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
Good organizational and project management skills with an ability to work autonomously and manage multiple priorities
Action oriented, timely and organized with ability to prioritize workload with high degree of accuracy and attention to detail
Employs innovative thinking to assist the business in generating and implementing creative, cost effective and realistic solutions that create business impact and lend toward its growth
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
Proficient using MS Office
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
College Coach 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
Senior Counsel – Insurance Regulatory Counsel, Life Insurance
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