What are the responsibilities and job description for the Legal Associate position at Global Technical Talent, an Inc. 5000 Company?
Primary Job Title:
Legal Associate
Alternate/Related Job Titles:
- Insurance Legal Counsel
- Compliance Associate - Insurance
- Legal Analyst - Annuities
- Regulatory Counsel Associate
- Product Filing Specialist - Insurance
Des Moines, IA
Onsite Flexibility:
OnsiteContract Details:
- Position Type: Contract
- Contract Duration: 3 months
- Start: As Soon As Possible
- Draft contract provisions for new retail annuity products by gathering and coordinating requirements from internal stakeholders.
- Develop project timelines and manage submission processes for product filings and state approvals.
- Analyze state insurance laws and Interstate Insurance Product Regulation Commission (IIPRC) standards for product development initiatives.
- Correspond and negotiate with state regulators, preparing and submitting responses to objections.
- Oversee product submissions in SERFF, streamlining the process to reduce approval time.
- Review, file, and obtain approval for consumer advertising and branding initiatives.
- Collaborate with marketing to ensure advertising aligns with product requirements and compliance standards.
- Maintain comprehensive records of regulated forms and ensure accurate usage across business units.
- Provide legal and regulatory support to internal operations and third-party administrators for in-force policy management.
- Maintain professional contact with state insurance departments and the IIPRC to stay current on compliance and product approval procedures.
- 7 years in the annuity and/or life insurance industry, with at least 3 years in a legal, compliance, or product development function.
- Strong understanding of insurance products, sales practices, and regulatory frameworks.
- Proficiency in Microsoft Office and Adobe Professional.
- Working knowledge of SERFF and life/annuity product regulations.
- Experience with annuity, 401(k) annuity, pension risk transfer, or funding agreement products.
- Legal or compliance experience with product development or state filings.
- Legal drafting and interpretation
- Regulatory compliance analysis
- SERFF filing management
- Negotiation and correspondence with regulators
- Cross-functional project coordination
- Technical writing and communication
- Knowledge of state insurance regulations
- Risk and compliance governance
- Familiarity with insurance administration systems
- Medical, Vision, and Dental Insurance Plans
- 401k Retirement Fund