Assistant General Counsel, Life Insurance And Annuities Regulatory Attorney

New York Life New York , NY 10007

Posted 2 months ago

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It's a career journey you can be proud of, and you'll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. 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 service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. 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.

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.

Qualifications:

  • 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

  • J.D. Degree

  • Admitted to the New York bar

EOE M/F/D/V

If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at: (212) 576-5811.


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Assistant General Counsel, Life Insurance And Annuities Regulatory Attorney

New York Life