Associate General Counsel

Company Description:

Aspida Holdings Ltd., through its subsidiaries (collectively Aspida), is focused on providing retirement and reinsurance solutions, having operations in the U.S. and Bermuda with total assets of $5.7 billion as of September 30, 2022. Aspida, through its U.S. platform Aspida Life Insurance Company is focused on leveraging technology and agility to help clients achieve and protect their dreams. Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions. Aspida seeks to be a trusted partner in its clients financial security while driving its growth by doing good for the communities it serves. Aspida is backed by Ares Management Corporation, which, through the Ares Insurance Solutions team, provides dedicated investment management, capital solutions and corporate development support. For more information, please visit aspida.com or follow them on LinkedIn, Facebook.

Who We Are:

Sometimes, a group of people come together and create something amazing. They dont let egos get in the way. They dont settle for the status quo, and they dont complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. Thats the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but thats why were doing things differently than everyone else in our industry. Were dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For:

The Associate General Counsel will report to the Chief Legal Officer and be responsible for providing legal counsel on a broad spectrum of corporate and insurance matters to the Aspida business. The ideal candidate should have a strong foundation in corporate law, combined with expertise in insurance regulations, contracts, and risk management. This is a hybrid role and is required to be on-site 3 days a week at our headquarters in Durham, NC.

What You Will Do:

Provide legal and business counsel to senior management, board of directors and other key leaders of Aspida and Ares Insurance Solutions.

Provide legal guidance on general corporate matters, including contract negotiation, corporate governance, and compliance.

Draft, review, and negotiate a wide range of documentation related to the annuities business including operations and distribution.

Stay abreast of insurance laws, regulations, and industry standards.

Ensure corporate activities comply with applicable insurance regulations.

Assess legal and regulatory risks associated with corporate and insurance activities.

Provide training to internal teams on legal aspects of corporate and insurance operations.

Coordinate and manage outside counsel, as needed.

Effectively collaborate with other corporate functions as necessary (i.e., risk, finance, investments, actuarial, tax, etc.).

Provide support for other major projects as and when they arise (e.g., capital raising, finance, real estate, etc.).

Manage other attorneys as assigned.

What We Provide:

Salaried, DOE

Full-Time

Full Benefits Package Available

What We Believe:

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above-listed items.

What We Require:

Bar admission in good standing in at least one state with the ability to be admitted in North Carolina.

7+ years of experience, including time spent in an in-house role.

Experience with state insurance regulatory framework for insurance companies.

Experience practicing law in the insurance industry, including annuities and distribution law.

Clear and concise verbal and written communication skills.

Self-motivated with strong interpersonal skills.

Problem solver who is curious, skeptical, analytical, creative and detail-oriented.

Ability to manage multiple projects in a fast-paced environment.

Preferred Requirements:

Experience working at a private equity firm or other financial participant in the life and annuity insurance market.

Experience with life and annuity products (particularly fixed and indexed annuities).

Experience with securities and investment advisory laws.

Experience with broker-deal regulations a plus.

Experience with derivatives transactions a plus.