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Aegon · 10 hours ago

Counsel - Insurance Regulatory Counsel (Employee Benefits or Life Insurance) - Hybrid

United States

Full-time

Hybrid

Entry, Mid Level

$140K/yr - $150K/yr

2+ years exp

Aegon is a leading life insurance company seeking a Counsel 2 to provide strategic legal guidance within Transamerica’s Protection Solutions and Savings & Investments businesses. The role involves ensuring compliance and supporting the development of supplemental health insurance products, while collaborating with internal teams to navigate legal risks and regulations.

Asset ManagementAuto InsuranceFinanceHealth InsuranceInsuranceLife InsuranceRetirement

No H1B

Responsibilities

Provide legal advice and support in the development, maintenance and offering of supplemental health insurance products and services for our Group Employee Benefits division

Prepare, review and negotiate legal contracts, documents and agreements, including marketing, distribution, administration, TPA and/or vendor agreements for the review of senior team members

Advise on legal risks and potential impacts of business decisions, as well as escalated claims and consumer complaints

Monitor, review and interpret relevant changes in laws, rules and regulations, particularly those related to insurance regulations

Review and interpret laws and regulations as they relate to employer groups, associations, labor unions, and other non-employer groups to ensure they comply with state law prior to issuing policies

With guidance from a senior attorney, educate business partners of the potential impact to Transamerica’s supplemental health insurance business, work cross-functionally with compliance, product, and operations to comply with applicable laws and regulations while minimizing client impact

Draft regulatory responses, disclosures, and other correspondence that may include Market Conduct issues for the review of senior team members

Collaborate with internal compliance teams to develop and implement policies and procedures to mitigate legal risks

Work on legal issues where analysis requires identification and evaluation of multiple factors

Qualification

Insurance regulatory experienceSupplemental health insuranceLegal contract negotiationJD from ABA accredited schoolBar membershipACAHIPAAERISALife insuranceSound judgmentAgilityMS Office proficiencyAction orientedInclusive collaborationEffective communicationAdaptabilityOrganizational skillsProject management

Required

JD from an ABA accredited law school

Member of the Bar in good standing of any US jurisdiction

Two years experience with insurance regulatory issues and/or a focus on supplemental health insurance, life insurance, and state insurance matters with knowledge of relevant laws, rules and regulations

Effective communicator, both in writing and orally, with the intended audience

Able to exercise sound judgment in a fast-paced environment

Able to exercise agility and adaptability in providing legal advice

Comfortable in a rapidly changing corporate environment

Proficient using MS Office

Effective organizational and project management skills with an ability to manage multiple priorities

Action oriented, timely and organized with ability to prioritize workload with accuracy and attention to detail

Focuses on creating an environment of honesty, inclusion and respect for others, is open to and champions differing ideas and perspectives, and collaborates in a fully inclusive manner

Preferred

Experience with voluntary benefits insurance products including supplemental health and/or long-term care, and with the ACA, HIPAA and ERISA laws

Experience with life insurance products

Employs innovative thinking to assist the business in generating and implementing creative, cost effective and realistic solutions that create business impact and lend toward its growth