Assistant General Counsel, Disability Income and Life Insurance Products

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Date: Nov 17, 2022

Location: White Plains, NY, US

Company: New York Life Insurance Co

Location Designation: Hybrid 

 

 

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, Disability Income and Life Insurance Products

Job Summary

The life insurance unit of the Office of the General Counsel provides legal advice with respect to life insurance and disability income products and other matters of insurance law connected with the life and disability insurance business. In this challenging role, the Assistant General Counsel will work as an integral member of the Office of the General Counsel’s insurance regulatory 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 insurance law and individual life and disability 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 individual disability income products.
  • Provide legal counsel on the administration of disability insurance claims and claims handling.
  • Work closely with the product development, legal and compliance teams to draft, file and gain regulatory approval of new individual disability income products.
  • Provide legal counsel on issues affecting the administration of in-force disability income insurance business.
  • Research and advise on legislative and regulatory matters impacting the individual disability income and life insurance business.
  • Assist life insurance regulatory team in the development, administration, and marketing of life insurance products.
  • Perform legal research and write legal memoranda.

 

 Required Experience

  • JD required.
  • Admission to the New York State Bar.
  • 3 - 5 years’ disability income and/or life insurance regulatory experience; disability income product experience and industry knowledge a plus.

 

 

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.

#LI-KV1 

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Salary range: $132,500-$197,500 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

 

 

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: 88218

 

 

 


Nearest Major Market: White Plains
Nearest Secondary Market: New York City

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