AVP or VP, Finance & Investments Counsel

Wilton Re Ltd.; Norwalk (CT); On-site; USD 150,000 - 215,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

Life insurance

401(k) plan with employer contribution

Profit sharing

Job summary

Wilton Re Ltd. is seeking an AVP/VP, Finance & Investments Counsel in Norwalk, CT.

The role focuses on supporting investment, finance and capital management initiatives, reporting to the Group Chief Legal Officer, with substantial interaction across treasury and investment teams. The ideal candidate has 5+ years of legal experience in investments/asset management and relevant insurance regulatory knowledge, JD from an ABA-accredited school, and Bar admission.

Qualifications

• Minimum 5 years of legal experience focused on investments, asset management, or state insurance matters.
• Experience in insurance or reinsurance, especially life insurance, is highly preferred.
• Strong organizational and project management skills with ability to work autonomously.

Responsibilities

• Manage and lead legal documentation and processes for investment management matters (e.g., IMAs, advisory agreements, custodial arrangements).
• Draft, review and negotiate such documentation with counterparties and coordinate with senior management.
• Monitor and advise on laws and regulations affecting insurance assets, capital management and financial reporting.
• Support hedging, ISDA documentation and associated compliance.
• Support capital/balance sheet activities, including third-party financing and distributions.
• Assist CFO and treasury teams with banking relationships and regulatory filings.
• Draft regulatory responses, disclosures and correspondence with regulators and rating agencies.
• Collaborate with transaction teams on trust arrangements and asset transfers.
• Present findings and recommendations to senior management.

Skills

Legal experience

Regulatory knowledge

Contract drafting

Education

JD (ABA accredited)

Bar admission

Job description

AVP or VP, Finance & Investments Counsel

We are searching for an experienced AVP or VP, Finance & Investments Counsel at our Connecticut office.

AVPor VP, Finance and Investments Counsel

Full Time

Norwalk, CT

About the Company:

Wilton Re is an industry leader in the life (re)insurance space, specializingin the acquisition of in force life insurance and annuities. We are experiencedindustry specialists focused on the risk, capital and operational needs of ourclients’ businesses. We provide our clients with the services they need from inforce transactions and product development to underwriting and new businessstrategies.

Wilton Re has the resources and expertise to pursue and successfullymanage the largest life and annuity transactions in the market.

Position Summary:

The Finance and Investments Counsel is responsiblefor supporting the company’s investment, finance and capital managementinitiatives. This position reports directly to Wilton Re’s Group Chief LegalOfficer.

Role Responsibilities:

• Manage and lead legal documentation and process for investment management matters (e.g., IMAs, advisory agreements, custodial arrangements, and asset transfer and servicing arrangements).
• Draft, review and negotiate such documentation directly with counterparties and manage internal review processes with respect thereto (including collaborating, coordinating and advising senior management to ensure proper management of business risks).
• Monitor, interpret and advise senior management on developments in the laws, rules and regulations relevant to the treatment and management of insurance assets as well as capital management and financial reporting requirements, and the potential impact to Wilton Re’s business and investment portfolio.
• Provide legal support for execution of corporate hedging and derivative strategies, including review and negotiation of ISDA documentation and advising the business on related compliance matters.
• Provide legal support for capital/balance sheet management activities, including third-party financing (e.g., credit facilities, LOCs, etc.), corporate distributions, reinsurance recaptures and similar transactions.
• Assist the Chief Financial Officer and the Treasury and Investment teams in managing banking relationships, as needed.
• Provide legal support to the finance team concerning regulatory filings ensuring they align with company and regulatory standards.
• Provide ad-hoc support drafting regulatory responses, disclosures, and other correspondence with regulatory agencies and rating agencies concerning finance and investment matters.
• Provide ad-hoc support to and work closely with the transaction team related to documentation for trust arrangements, investment management related documentation, and asset transfers.
• Provide written and oral presentations to the senior management team.

Basic Qualifications:

• Minimum 5 years of legal experience with a focus on investments, asset management, and/or state insurance matters with knowledge of relevant laws, rules and regulations.
• Prior experience within insurance or reinsurance, specifically life insurance highly preferred.
• Solid organizational and project management skills with an ability to work autonomously and adapt to various types of styles and processes.
• Knowledge of statutory accounting for life companies preferred but not required.
• Able to effectively communicate, both written and oral, with the intended audience.
• Able to exercise sound judgment in a fast-paced environment.
• Able to exercise agility and adaptability in providing legal advice.
• Able to assist the business in developing and implementing creative, cost effective and realistic solutions that create business impact.

Required Education /Certifications:

• JD from an ABA accredited law school.
• Member of the Bar in good standingof any US jurisdiction.

Pay/Location

Norwalk, CT

Hybrid Structure

Occasional travel may be required (e.g.,visits to Norwalk, CT office)

This role may be filled at a level dependent on theexperience and qualifications of the applicant.

Base salary/hourly rate range forthis position in Connecticut is between $150,000 and $ 215,000 Please note thatspecific compensation decisions are based upon a variety of job-related factorsas permitted by law, including geographic location, credentials, skills,education, training, and experience.

Base salary is just one component ofWilton Re’s total compensation package for employees. Additional compensationincludes annual performance-based bonus, 401K with employer contribution, andprofit-sharing program. Employee may also be eligible for long-term incentives.All incentives and benefits are subject to the applicable plan terms.

What We Offer:

• Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
• 401(k) plan with employer contribution - US Employees Only
• Profit Sharing Program
• Competitive parental leave
• Health, vision, dental, and life insurance, including access to health and wellness programs
• Actuarial Development Program (ADP) for Actuarial employees taking exams
• Employee Assistance Program (EAP)
• Current hybrid working environment
• Employee Engagement Events and various committees on site to join

WiltonRe strives to attract, develop, and retain a diverse workforce. We arecommitted to providing an inclusive and accessible work environment where allassociates feel valued, respected, and supported. Our commitment to inclusivityis reflected in the safeguards, policies, and commitments we have in place toremove barriers and provide equal opportunities to prospective and currentassociates, without discrimination. A Human Resources representative isavailable to consult with applicants who require accommodation in theapplication or recruitment process. Any information shared by the applicantabout an accommodation will be treated as confidential.