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Job Title


Senior Counsel regulatory & Reinsurance


Company : Staff Financial Group


Location : New York City, NY


Created : 2024-06-26


Job Type : Full Time


Job Description

Growing Global Life Insurance company is searching for a Regulatory and Reinsurance Senior Counsel to join their team.The Senior Counsel, Regulatory & Reinsurance, will join a small legal team and will act as the primary regulatory counsel and relationship manager for multiple state insurance regulators, participate in complex insurance growth transactions and reinsurance agreements, and provide support for other areas, as needed, within the company.Position DescriptionServes as the primary regulatory subject matter expert and go-to counsel for analyses of applicable law and regulationActs as primary contact and relationship manager for multiple state insurance departmentsMonitors and develops strategies for responding to regulatory developmentsServes as an integral member of the core deal team for growth and other reinsurance transactions, including YRT, block and flow reinsurance agreements, captive financings, and other arrangements in the life insurance space, as well as other strategic growth initiativesParticipates in the entire lifecycle of transactions from development of preliminary bids and indications of interest through closingProvides counsel regarding transaction structure and manages necessary regulatory filings and approvalsDrafts and negotiates a wide variety of agreements, including confidentiality agreements, investment banking and outside advisor engagement letters, definitive purchase and sale agreements, joint venture agreements, reinsurance agreements, trust agreements, and administrative services agreementsParticipates in strategic and tactical decision-making and provides counsel to senior management on all legal aspects related to contemplated transactionsAdvises and collaborates closely with other functions across the company, including finance, actuarial, investments, risk, and operationsManages and oversees outside law firms to obtain world-class, cost-effective legal servicesRequirementsLaw degree from accredited U.S. law schoolCurrent bar license in good standing and compliant with state requirementsMinimum 6 years of related experienceMUST have Life Insurance/Reinsurance ExperienceFamiliarity with the Model Holding Company ActAbility to work under pressure with a high degree of attention to detail, effectively prioritize and manage workload, including conflicting demands, and meet deadlines within a changing, fast-paced environmentStrong analytical skills and demonstration of high degree of judgmentDemonstrated leadership presence and skillsSuperior interpersonal, organizational, written, and oral communications skillsThis position is located in NYC and will work a hybrid schedule of 2-3 days in the office/ week.This company offers a competitive base salary plus annual bonus and Long Term Incentive Bonus plan as well as a comprehensive benefits package.For immediate consideration, please submit your resume to Joanmarie Bolding, Managing Director of Recruiting at jmb@