Legal, GBM Equities Insurance Attorney, Vice President, Dallas, TX Dallas · · Vice President

Goldman Sachs Bank AG; Dallas (TX); On-site; USD 150,000 - 200,000; Full time

Job summary

An established industry player is seeking an experienced attorney to join their dynamic legal team. In this pivotal role, you will provide strategic legal advice on insurance and reinsurance transactions, ensuring compliance with regulatory requirements while managing complex contracts and disclosures. This position requires a strong background in insurance law, excellent communication skills, and the ability to navigate intricate legal frameworks. If you are a self-starter with a passion for financial law and a commitment to excellence, this opportunity offers a chance to make a significant impact in a collaborative and fast-paced environment.

Qualifications

• 5-7 years of experience in insurance transactions and disclosure matters.
• Active member of one State Bar in good standing.

Responsibilities

• Provide legal advice for insurance and reinsurance transactions.
• Prepare and negotiate contracts and regulatory disclosures.

Skills

Insurance Transactions

Regulatory Compliance

Contract Negotiation

Analytical Skills

Communication Skills

Education

Juris Doctor (J.D.)

Job description

LEGAL

We work at the intersection of finance and law, providing counsel and advice that support activities across the firm. We handle litigation and arbitration, perform research and due diligence, aid in financing and legal filings, deal with contracts and intellectual property rights that show our commitment to clients, shareholders, and regulators. Whether you’re an experienced attorney or a quick learner with a strong interest in financial law coupled with critical thinking skills, our dynamic group might be right for you.

RESPONSIBILITIES AND QUALIFICATIONS

The Goldman Sachs Global Banking and Markets -- Equities Legal team is seeking an experienced attorney to support the Global Banking & Markets Division in providing general legal advice focused on insurance and reinsurance transactions. Primary responsibilities will include preparing and overseeing disclosure matters and regulatory filings, structuring and negotiating transaction agreements, and providing support and advice across multiple transactional teams. This attorney will also oversee structuring of insurance transactions and advise on policies and regulatory guidelines for marketing, solicitation and execution of insurance and reinsurance transactions. Ideal candidate will have experience representing insurers, reinsurers and/or reinsurance intermediaries in the launch or reinsurance of fixed, fixed indexed or variable annuities. Experience working on the preparation of proprietary strategies and indices used in insurance and other wrappers and the preparation of index/strategy methodology, as well as experience with Bermuda reinsurance, is a plus.

Responsibilities:

1. Provide strategic legal advice in connection with insurance and reinsurance transactions.
2. Prepare and negotiate contracts, treaties and offering disclosures in support of the insurance and reinsurance business.
3. Provide legal oversight in connection with regulatory requirements and updates related to U.S. insurance and reinsurance laws.
4. Coordinate and collaborate with a diverse set of stakeholders to identify and help mitigate legal, regulatory and reputational risks.
5. Instruct/work with/manage external counsel.

Qualifications:

1. 5-7 years experience in insurance transactions and disclosure matters at a leading law firm or equivalent experience at a large financial institution.
2. J.D. required; active member of one State Bar in good standing.
3. Knowledge of and experience with complex insurance products.
4. Knowledge of and experience with U.S. securities laws and NAIC model law, including disclosure requirements.
5. Understanding of key NAIC and Bermuda Monetary Authority requirements for life & annuity companies.
6. Excellent communications skills, in particular the ability to communicate complex concepts clearly and simply, and to present clear choices.
7. Team player with inherent commercial judgment and strong analytical skills.
8. High attention to detail with strong organizational skills and the ability to manage several simultaneous projects under deadlines.
9. Ability to engage proactively as an advisor to the business and collaboratively work with other control areas.
10. Self-starter, strong work ethic and personal accountability.