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This Associate Counsel role will support the Legal Department’s Life & Annuity Operations Team. This team focuses on supporting the individual life insurance and annuity businesses of Sammons Financial Group. This role involves acting as the business attorney for day-to-day issues related to new business, underwriting, policy administration, and product tax issues. The job may include the review and/or drafting of policy/contract forms, administrative forms, advertising material, and distribution agreements.
Job Responsibility:
Provide objective, thorough, timely and well-researched legal advice and counsel to business partners on legal matters
Provide legal advice and counsel on legal questions related to Sammons Financial Group to ensure compliance with new and existing state, federal and local laws, statutes and regulatory requirements
Provide legal advice and counsel on legal questions related to Sammons Financial Group’s business operations
Provide legal advice and counsel on issues relating to the Iowa Holding Company Act, corporate governance, reinsurance and finance
Provide legal advice and counsel on issues relating to product distribution
Provide legal advice and counsel on in-force policy and contract issues
Collaborate with other attorneys and professionals in the Legal Department in managing Sammons Financial Group’s exposure to regulatory fines and penalties or other sanctions
Understand Sammons Financial Group strategy, business objectives and goals when providing legal advice and counsel
Draft and review policy forms, legal correspondence, agreements, contracts and releases
Develop relationships with outside legal counsel, as appropriate, and in collaboration with other attorneys in the Legal Department, manage outside counsel
Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity)
Regular attendance is required and expected in order to meet the business service levels and workflow demands
Participate in other initiatives and/or projects as necessary
Requirements:
Juris Doctorate Degree from an ABA accredited law school
Minimum 3 years' relevant experience
Experience in life insurance, annuities or financial services industry
Ability to think strategically, practically and holistically about appropriate legal solutions
Demonstrated ability to work efficiently and proactively on multiple projects under tight deadlines
Ability to collaborate with a variety of individuals in a professional, patient and responsive manner
Superior analytical, writing, oral communication, research, investigatory, advocacy, presentation and interpersonal skills
Demonstrated ability to identify and analyze legal issues and to apply known or researched rules of law
Demonstrated attention to detail, professional attitude and commitment to maintain confidentiality of records and information
A member in good standing of the Iowa Bar (or, admission to and in good standing with another bar enabling reciprocity and admission into the Iowa Bar)
Occasional travel between office locations and conferences required
Due to the financial nature and level of accountability of this position, a credit and criminal background check is required
Nice to have:
Knowledge of securities, investments, and corporate governance
What we offer:
Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay
Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan
Healthy balance between work and personal lives
Friday afternoons off all year long, competitive PTO, and generous number of paid holidays
Incentive program for defined goals subject to eligibility and performance