Director Associate General Counsel
Director Associate General Counsel
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Salary Not Disclosed
1 Vacancy
Job Description
Associate General Counsel
TIAA seeks an experienced insurance law attorney to join our Law Department as a lawyer supporting insurance product development and management for our institutional retirement and retail businesses.
This attorney will join a team responsible for providing legal advice in connection with the design and implementation of fixed annuities stable value products funding agreements and other insurance products and services for defined contribution retirement plans and retail markets.
This attorney will work on new product development insurance contracts and other filings with state insurance departments; support a broad range of insurance law matters relating to the sound and prudent business operations of an insurer including market conduct licensing advertising insurance & annuity products treatment of policyholders and claimants filing requirements compensation and compliance with relevant regulations; provide legal support for marketing and sales; and track new laws and regulations and other regulatory developments.
Key Responsibilities and Duties
- Acting as a primary point of contact for insurance law advice for the TIAA Product & Business Development team including drafting and filing of insurance contracts and other documents with insurance regulators.
- Provide legal advice and support for a variety of issues related to the two insurance companies and the insurance agency including operations distribution marketing & sales.
- Preparing Board and internal governance materials.
- Working with external and internal sources to advise on all aspects of insurance product design and the launch of new products and services.
- Keeping apprised of legal developments affecting client businesses.
- Working on or leading projects or crossfunctional teams.
- Knowledge and experience with insurance rules and filing requirements impacting annuity and life insurance products including annuity contracts that fund retirement plans.
- Ability to research insurance laws and regulations circular letters OGC opinions and relevant case law and ability to interpret and apply same.
- Dealing with insurance operational requirements.
- Interacting with Insurance Department regulators.
Educational Requirements
- Doctoral Degree Law Required
Work Experience
- 5 Years Required; 7 Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8IC
Required Experience:
5 years of experience practicing law in a major law firm a regulator or inhouse legal department with a focus on insurance products to include in depth knowledge of insurance regulations impacting annuity and insurance contracts that fund retirement plans and with insurance rules and filing requirements required.
JD degree from an ABA accredited law school and member in good standing of state bar is required
Preferred Experience:
Familiarity with Internal Revenue Code ERISA and related regulations impacting retirement plans is preferred.
Experience with variable annuities.
Familiarity with reinsurance.
Familiarity with pension risk transfers.
LICS1
Related SkillsAccountability Adaptability Communication Digital Savviness Influence Legal Collaboration / Consensus Building Legal Counsel Expertise / Advisory Legal Negotiation / Contract Management Legal Risk Management Legal Writing Problem Solving Relationship ManagementAnticipated Posting End Date:
Base Pay Range: $162700/yr. $245000/yr.Actual base salary may vary based upon but not limited to relevant experience time in role base salary of internal peers prior performance business sector and geographic location. In addition to base salary the competitive compensation package may include depending on the role participation in an incentive program linked to performance (for example annual discretionary incentive programs nonannual sales incentive plans or other nonannual incentive plans).
Company Overview
Every worker deserves a secure retirement. For more than 100 years TIAA has delivered it for millions of people. Founded to help educators retire with dignity today were a marketleading retirement company fueled by worldclass asset management. But were not just another legacy financial services firm. Were fighting harder than ever before for our clients and the many Americans who need us.
Benefits and Total Rewards
The organization is committed to making financial wellbeing possible for its clients and is equally committed to the wellbeing of our associates. Thats why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health wellness and work life offerings that can help you achieve and maintain your best possible physical emotional and financial wellbeing. To learn more about your benefits please review our Benefits Summary.
Equal Opportunity
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other protected status.
Read more about the Equal Opportunity Law here.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone:
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Required Experience:
Director
Employment Type
Full-Time
