Senior Counsel - Regulatory & Reinsurance

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Position Summary

The Senior Counsel, Regulatory & Reinsurance, will join a small legal team at a rapidly growing company. The Senior Counsel (i) acts as the primary regulatory counsel and relationship manager for multiple state insurance regulators, (ii) participates in Resolution Life USs complex insurance growth transactions and reinsurance agreements, and (iii) provides support for other areas, as needed, within the company.

Position Description

• Serves as the primary regulatory subject matter expert and go-to counsel for analyses of applicable law and regulation

• Acts as primary contact and relationship manager for multiple state insurance departments

• Monitors and develops strategies for responding to regulatory developments

• Serves 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 initiatives

• Participates in the entire lifecycle of transactions from development of preliminary bids and indications of interest through closing

• Provides counsel regarding transaction structure and manages necessary regulatory filings and approvals

• Drafts 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 agreements

• Participates in strategic and tactical decision-making and provides counsel to senior management on all legal aspects related to contemplated transactions

• Advises and collaborates closely with other functions across the company, including finance, actuarial, investments, risk, and operations

• Manages and oversees outside law firms to obtain world-class, cost-effective legal services

Position Requirements

• Law degree from accredited U.S. law school

• Current bar license in good standing and compliant with state requirements

• Team player who can contribute and develop expertise in multiple areas, often with limited guidance

• 6+ years of experience with (i) insurance-related regulatory matters, including managing regulatory relationships and (ii) complex reinsurance and life & annuity transactions

• Familiarity with the Model Holding Company Act

• Ability 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 environment

• Strong analytical skills and demonstration of high degree of judgment

• Demonstrated leadership presence and skills

• Superior interpersonal, organizational, written, and oral communications skills

Location: NYC office preferred (generally 2-3 days/week in the office) or for the right candidate remote in EST or CST time zones with willingness to travel.

Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (all benefits are subject to eligibility requirements). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location.

• NYC $197,000 - $295,500

Critical Skills
At Resolution Life, we have identified the following critical skills which are key to success in our culture:

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.