Senior Analyst, Legal Assistant Des Moines, Iowa, United States

Global Atlantic Financial Group; New York (NY); On-site; USD 80,000 - 85,000; Full time

Job summary

A leading insurance company is seeking a Senior Analyst to join its legal team in New York. The role involves preparing and reviewing contract forms for various insurance products, negotiating with regulators, and ensuring compliance with industry regulations. Applicants should have extensive experience in the annuity and life insurance sectors, with strong communication and analytical skills required to support product development and implementation.

Benefits

Annual cash bonuses

Generous benefits including 401(k) matching

Qualifications

• Five years of experience in life insurance or annuities.
• Experience filing products via SERFF.
• Strong knowledge of regulatory requirements.

Responsibilities

• Analyze legal standards for new product development.
• Prepare and file product submissions.
• Negotiate with state regulators.

Skills

Communication

Detail Orientation

Organization

Education

5+ years experience in annuity and/or life insurance

Tools

Microsoft Office

Adobe Professional

Job description

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

OVERVIEW:

The Legal team is seeking a Senior Analyst who will join the Des Moines, Iowa based Retail Insurance Legal team to prepare, review and file contract forms for fixed annuities, fixed index annuities, registered index linked annuities and other innovative insurance products with state Departments of Insurance and the Interstate Insurance Product Regulation Commission, and support the product implementation team with enterprise wide new product development.

RESPONSIBILITIES:

• Analize legal standards of state insurance laws and/or Interstate Insurance Product Regulation Commission standards in relation to new product development initiatives including impacts to policy and contract form language.
• Correspond and negotiate with state regulators on objections to product submissions and prepare responses.
• Prepare new product submissions in SERFF and proactively seek ways to streamline the submission process to decrease time between submission and approval.
• Review, file, and gain approval, where required, of advertising and enterprise branding initiatives.
• Maintain record of regulated forms history; coordinate with business areas to ensure proper forms are available and used.
• Support internal operations and third-party administrators to ensure products continue to function in accordance with policy/contract language for all in-force policies.
• Maintain professional contact with state insurance departments, the Interstate Insurance Product Regulation Commission and other insurance professionals throughout the country.

QUALIFICATIONS:

• Five or more (5+) years of experience in annuity and/or life insurance industry with preference of three or more (3+) in a legal, compliance or product development related function.
• Strong knowledge of regulatory requirements as they pertain to life insurance and annuities.
• Experience filing insurance products via SERFF.
• Excellent oral and written communication skills.
• Detail oriented with good organization skills
• Familiarity with key aspects of insurance administration.
• PC skills, including experience with Microsoft Office, Adobe Professional and other applicable software.

Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City.The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.

Global Atlantic’sbase salary rangeis determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.

The base salary range for this role is $80,000 — $85,000 USD

Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to [e-mail]

Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.

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