Assistant General Counsel, Life Insurance Products

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Date: Jun 17, 2022

Location: New York, NY, US

Company: New York Life Insurance Co

 

 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

 

Assistant General Counsel, Life Insurance Products

 

Job Summary

The life insurance unit of the Office of the General Counsel provides legal advice with respect to traditional life insurance products and other matters of insurance law connected with the life insurance business. In this challenging role, the Assistant General Counsel will work as an integral member of the Office of the General Counsel’s life insurance team. This is a unique opportunity for a top-notch lawyer to work with a wide range of senior business partners and lawyers, and to gain both a theoretical and a pragmatic understanding of the insurance law and life insurance products.

 

Primary Duties and Responsibilities

Provide assistance in all of the following as may be required:

  • Provide advice and any other assistance on a broad range of regulatory matters affecting the development, administration and marketing of life insurance products.
  • Work closely with the product development, legal and compliance teams to draft, file and gain regulatory approval of new life insurance products.
  • Analyze marketing material and sales illustrations for compliance under applicable insurance regulations.
  • Provide legal counsel on issues affecting the administration of in-force life insurance business.
  • Advise on responses to market conduct exams and other regulatory inquiries pertaining to the traditional life insurance business.
  • Research and advise on legislative and regulatory matters impacting the traditional life insurance business.
  • Provide legal advice on service initiatives and electronic commerce for insurance transactions.
  • Perform legal research and write legal memoranda.

 

 Required Experience

  • JD required.
  • Admission to the New York State Bar.
  • 3 - 5 years’ experience practicing corporate law, insurance industry and regulatory experience preferred.

 

Required Skills and Qualifications

  • Superior written and oral communications skills with the ability to summarize complex legal matters concisely and accurately.
  • Excellent interpersonal skills and executive presence and the ability to liaison effectively with business partners.
  • Superior proofreading skills and the ability to edit documents and suggest improvements to existing material.
  • A well-balanced consultative approach and the ability to work with business and legal colleagues across all levels.
  • Demonstrated ability to approach issues with both a rigorous attention to detail and a big picture strategic focus.
  • Strong cross-functional risk spotting skills.
  • Proven record of prioritizing multiple projects simultaneously while meeting deadlines.
  • High level of integrity with strong decision-making skills.
  • Ability to work in a fast-paced team environment.
  • Ability and experience making independent decisions as well as taking reasonable risks.

We are working on a Hybrid schedule, in the office on Tuesday, Wednesday and Thursday and work remote on Monday and Friday.

 

SF: LI-KV1

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 86716

 

 

 


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