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Sammons Financial Group Companies · 1 day ago

Associate Counsel

West Des Moines, IA

Full-time

Hybrid

Mid Level

$93K/yr - $155K/yr

3+ years exp

Sammons Financial Group Companies is seeking an Associate Counsel to support its Legal Department’s Life & Annuity Operations Team. This role involves providing legal advice on various matters related to life insurance and annuities, ensuring compliance with laws and regulations, and collaborating with other legal professionals to manage the company's legal exposure.

FinanceFinancial ServicesRetirement

Growth Opportunities

No H1B

U.S. Citizen Only

Responsibilities

Provide objective, thorough, timely and well-researched legal advice and counsel to business partners on legal matters, allowing management and key decision makers the ability to assess the legal risks of various courses of action to support Sammons Financial Group business initiatives and risk management strategies

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. This includes reviewing new laws and regulations and supporting their implementation with business partners

Provide legal advice and counsel on legal questions related to Sammons Financial Group’s business operations, including any one or more of the following areas of law and business units: corporate governance, human resources, intellectual property, privacy and cybersecurity, real estate, procurement and vendor management, claims management and litigation, agency services, compliance and other general insurance regulatory matters

Provide legal advice and counsel on issues relating to the Iowa Holding Company Act, corporate governance, reinsurance and finance (e.g. debt capital markets, reserve financing transactions and investments). Manage reporting requirements under the Iowa Holding Company Act

Provide legal advice and counsel on issues relating to product distribution, including through independent agents, insurance marketing organizations, broker dealers, registered investment advisers and banks and financial institutions

Provide legal advice and counsel on in-force policy and contract issues, including underwriting, claims management, product taxation, distributions, grace and lapse and reinstatement

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; share knowledge and, where required, implement changes to company procedures as a result of litigation and regulatory outcomes

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)

As stated within the Company Attendance and Punctuality policy, 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

Qualification

Juris Doctorate DegreeLife insurance experienceLegal research skillsAnalytical skillsOral communication skillsWritten communication skillsInterpersonal skillsAttention to detailStrategic thinkingCollaboration skills

Required

Juris Doctorate Degree from an ABA accredited law school

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

Preferred

Minimum 3 years' relevant experience

Experience in life insurance, annuities or financial services industry

Benefits

Health

Dental

Vision

Company Paid Retirement

PTO

Holiday Pay

Employee Stock Ownership Plan (ESOP)

Healthy balance between work and personal lives

Friday afternoons off all year long

Competitive PTO

Generous number of paid holidays

Incentive program for defined goals subject to eligibility and performance

Monetary rewards are based on individual and/or overall company performance

Company

Sammons Financial Group Companies

Sammons® Financial Group Companies (collectively, Sammons Financial Group) provide today’s most sought after life insurance, annuity, and retirement products.

Founded in 1938

West Des Moines, Iowa, USA

1001-5000 employees