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As a member of this group, the Assistant General Counsel will:
Provide legal counsel to Retail Life, Institutional Life, Institutional Annuities and Retail Annuities in support of variable universal life insurance (VUL), variable annuity (VA), bank-owned life insurance (BOLI), corporate-owned life insurance (COLI), guaranteed products, income annuities ("GLI")and fixed deferred annuities ("FDA")productdevelopment (e.g., reviewing design documents and policy forms, negotiating participation agreements, negotiating intracompany agreements, preparing/amending separate account plans of operations, drafting prospectuses and filing registration statements and related correspondence with the SEC).
Provide legal counsel to Retail Life, Institutional Life, Retail Annuities, Institutional Annuities,Corporate Compliance, Office of Governmental Affairs, Corporate Financial Department and Service for existing VUL (including Retail and COLI), VA, GLI, FDAand BOLI product administration (e.g., sales material review, service issues, regulatory developments, financial statement disclosure issues, policy owner complaints, product enhancements, and associated periodic federal securities and state insurance law filings).
Revise and maintain registration statements and prospectuses for existing variable products (e.g., prepare and file prospectus supplements and annual updates to the VUL, COLI and VA prospectuses).
Advise on structuring private placement VUL, including negotiation of hedge fund offerings and preparation of offering documents for the same.
Provide advice with respect to regulatory developments (state or federal) that could impact VUL, COLI, BOLI, GLI, FDAand VA products, including participation in industry group discussions as appropriate.
Minimum of 3 years relevant experience in law firm and/or corporate law department
Demonstrated expertise in VUL and VA, as well as fixed and institutional products is preferred
Strong oral communication, writing and client facing skills
Admitted to the New York bar
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