VP, Corporate Counsel, Individual Life Insurance Product

Posted Yesterday
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Hartford, CT
216K-292K Annually
Senior level
Financial Services
The Role
The VP, Corporate Counsel provides legal support for individual life insurance products, offering advice on compliance, marketing, and industry regulations while managing outside counsel and collaborating with various teams.
Summary Generated by Built In

Job Classification:

Corporate - Legal and Compliance

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!
The Individual Life Insurance Law Department is seeking a talented, highly motivated, experienced attorney to join its life product team. This team provides legal support to areas responsible for traditional and variable life insurance product development, maintenance and marketing, and underwriting.
The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site. The position can be located in Newark, NJ or Hartford, CT office.
What you can expect:

• Providing legal advice in connection with all Individual Life Insurance new and existing business initiatives, including our core life insurance business and Simplified Solutions platform. Working closely with the business within a team environment from product concept to product launch.
• Providing counsel to the Individual Life Insurance Marketing team. Assist the business on all matters related to innovative marketing concepts, including the development of advertising, sales and producer training materials.
• Interfacing regularly with Individual Life Insurance’s Compliance and Risk Management functions. Seek to collaborate with these departments in assessing risks and developing monitoring procedures.
• Working closely with colleagues within the Law Department on issues impacting life insurance product distribution.
• Representing Prudential in industry committees and groups that evaluate legal issues that impact the Individual Life Insurance business.
• Engaging and managing outside counsel, as needed.
• Performing other assignments and projects, as assigned.
What you’ll need:
• JD degree from an accredited law school, admission to practice law in at least one state, and ability to register as in-house counsel in New Jersey, if not admitted to the bar in that state, within the required timeframe.
• A minimum 8-10 years of relevant law firm, regulatory or in-house law department experience.
• Significant knowledge of individual life insurance products, state insurance laws as well as federal securities laws related to certain products.
• Significant knowledge of life insurance operations and relevant legal and contractual requirements and have experience providing legal advice in connection with underwriting, customer and regulator inquiries.
• Strong work-ethic, with an ability to work independently and reliably under tight timeframes in a fast-paced environment.
• Superior analytical skills.
• Strong interpersonal skills and ability to work and collaborate cross-functionally with various levels within Prudential, including senior management and technical experts, to deliver actionable, solution-oriented advice.
• An ability to write and communicate clearly and simply in providing focused, technically-sound, practical legal solutions.
• Intellectual curiosity and an appetite for learning new legal disciplines outside your current areas of experience.
• Courage and confidence to speak up, challenge and advocate for a point of view respectfully.
• An ability to engage in intelligent risk taking and show excellent judgment in comfortably supporting clear, rational, and timely decisions in the best interests of Prudential and our customers despite ambiguity, complexity, and an ever-evolving regulatory environment.
• Strong project and time management skills, with the ability to balance multiple projects simultaneously and assess and prioritize work requirements.
 

What we offer you:Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $216,000.00 to $292,200.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

  • Market competitive base salaries, with a yearly bonus potential at every level. 

  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

  • 401(k) plan with company match (up to 4%). 

  • Company-funded pension plan. 

  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. 

If you need an accommodation to complete the application process, please email [email protected]. 

 

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

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The Company
Chicago, IL
3,593 Employees
On-site Workplace

What We Do

PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients.

The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives.

In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact.

*Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

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