Vice President and Chief Counsel Workplace Solutions Products

Voya Financial; Boston (MA); Remote; USD 232,000 - 291,000; Full time

Job summary

Join a forward-thinking company dedicated to ensuring everyone has access to a better financial future. As the Chief Counsel for Workplace Solutions Products, you'll play a pivotal role in advising product and sales teams on legal matters. This position offers the opportunity to protect the company's interests while fostering innovation in workplace products. With a strong emphasis on compliance and strategic initiatives, your expertise will help shape the future of financial services. If you're ready to make a meaningful impact in a collaborative environment, this role is perfect for you.

Benefits

Health, dental, vision, and life insurance plans

401(k) Savings plan with company matching

Employer paid retirement plan

Tuition reimbursement up to $5,250/year

20 days paid time off

Paid volunteer time – 40 hours per year

Qualifications

• 10+ years of experience in the retirement industry with a focus on legal aspects.
• Strong knowledge of ERISA, HIPAA, and IRS regulations.

Responsibilities

• Advise on legal aspects of product lifecycle and compliance with laws.
• Draft product policies and disclosures to support legal frameworks.

Skills

Legal Advisory

Compliance Knowledge

Relationship Management

Critical Thinking

Communication Skills

Education

Bachelor’s Degree

Juris Doctor Degree

Tools

Microsoft Office

Job description

Together we fight for everyone’s opportunity for a better financial future.

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now

Job Description – VP and Chief Counsel Workplace Solution Products

Job Summary

The Workplace Solutions Products Chief Counsel serves as the primary attorney advising the Company’s product and sales teams on a broad range of legal issues related to Voya’s workplace products and services. The Workplace Solutions Products Chief Counsel supports strategic initiatives involving current and new products while maintaining a legal focus and protecting the Company. This position reports to the SVP and Deputy General Counsel for Workplace Solutions and is eligible for a remote work location.

Job Responsibilities

• Advises and counsels key business partners on all legal aspects of the product lifecycle from conception through launch, on go-to-market strategies, and on maintenance and refinement of new products, features and functionality across the Company’s suite of products and services;
• Drafts product policies and disclosures required to support legal frameworks;
• Maintains deep understanding of business goals, products, objectives, roadmaps, and business processes to effectively identify solutions to potential legal issues and provide relevant advice for business advancement;
• Protects the interests of the business by identifying potential risks, sourcing subject matter experts as needed, and developing risk mitigation tactics;
• Advises on compliance with federal and state laws and regulations applicable to the product inventory;
• Supports and advises on the drafting and negotiation of commercial agreements relevant to Company products and services;
• Monitors and advises on regulatory matters;

Supports regulatory compliance of Voya’s insurance companies, including domiciliary regulatory and product prospectus filings, review and filing of regulatory risk materials, and support of insurance company exam requests.

Knowledge & Experience

• Bachelor’s Degree and Juris Doctor Degree from an accredited law school;
• Member of good standing in at least one jurisdiction;
• Minimum 10 years’ overall experience in the retirement industry, working with employer sponsored retirement plans, state insurance departments, variable and fixed investments;
• In-depth knowledge of ERISA, Group and Individual Insurance Products, HIPAA and IRS regulations applicable to retirement plans;
• Strong relationship management skills with the ability to interact with all levels of the organization and to work either independently or as a team member;
• Strong oral and written communication and presentation skills;
• Knowledge of Microsoft Office products (Word, Excel, PowerPoint) and MS Outlook;
• Reliable, self-starter, detail-oriented, well-organized and able to manage multiple priorities and deadlines.

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$232,400 - $290,500 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.