Lincoln Financial
AVP, Sr. Counsel, Life & Annuities
Lincoln Financial - Broomall, Pennsylvania, United States, 19008
Work at Lincoln Financial
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Overview
AVP, Sr. Counsel, Life & Annuities
The AVP, Senior Counsel - Life & Annuities, provides legal support to the Lincoln Financial Group business segments that are responsible for designing and administering Lincoln's individual life and annuity products. Your focus will primarily be on annuity product development, administration and claim activity. Responsibilities Advise: Provide legal advice and support on the development and maintenance of Lincoln Financial Group's individual life and annuity products and services, marketing, sales and distribution to new and existing clients, and the legal and compliance aspects of designing and administering life insurance and annuity products. Identify and communicate legal exposure and risk in a timely and proactive manner to internal key senior stakeholders. Act as a thought leader who will be sought after for advice, counsel, and judgment. Execute: Draft and negotiate life and annuity contracts, fund participation agreements, contracts with service and distribution partners, and settlement agreements. Advocate Lincoln Financial Group's position with third parties such as federal and state regulatory bodies and agencies. Prepare and maintain registration statements for Lincoln's variable life and annuity products. Draft prospectuses and other disclosure documents. Oversee the production of legal research including the use of electronic, hard copy, and internet resources, as necessary. Responsible for effectively managing time sensitive projects across large multi-disciplined and cross functional teams. Select outside counsel and direct them on various legal projects, as appropriate. Analyze: Review documents and communications prepared for distribution to and/or use by producers and clients. Analyze and communicate changes/developments in the laws applicable to life and annuities (legislative, regulatory, case law). Maintain current knowledge of legal developments and trends, assess the impact, and ensure that new trends/developments are appropriately incorporated in current/future strategies. What we're looking for: Education: Undergraduate degree; J.D. from an American Bar Association (ABA) approved school and a member of the bar in good standing is required. Experience with Securities Act of 1933 and Investment Company Act of 1940. Minimum of 10+ years' experience as an attorney preferably either at a law firm or financial services company. Experience with the tax treatment of life and annuities - In-depth knowledge of the legislative and regulatory process, rules, and protocols governing those processes - Working knowledge of computer based legal research and other legal systems. - In-depth understanding of corporate structure, client organization, and business and corporate protocol - Experience reading, interpreting and drafting documents written at the most sophisticated levels such as contracts, prospectuses, policies, and proposals - Experience in a financial services/insurance organization is preferred - Demonstrated ability to recognize and weigh business and legal risks, lead strategically and advance innovative solutions. A demonstrated track record of consistently meeting and/or exceeding performance expectations. Possesses a bias for action and avoids workplace distractions. Drives performance targets to completion. Applications for this position will be accepted through July 31st, 2025, subject to earlier closure due to applicant volume.
The AVP, Senior Counsel - Life & Annuities, provides legal support to the Lincoln Financial Group business segments that are responsible for designing and administering Lincoln's individual life and annuity products. Your focus will primarily be on annuity product development, administration and claim activity. Responsibilities Advise: Provide legal advice and support on the development and maintenance of Lincoln Financial Group's individual life and annuity products and services, marketing, sales and distribution to new and existing clients, and the legal and compliance aspects of designing and administering life insurance and annuity products. Identify and communicate legal exposure and risk in a timely and proactive manner to internal key senior stakeholders. Act as a thought leader who will be sought after for advice, counsel, and judgment. Execute: Draft and negotiate life and annuity contracts, fund participation agreements, contracts with service and distribution partners, and settlement agreements. Advocate Lincoln Financial Group's position with third parties such as federal and state regulatory bodies and agencies. Prepare and maintain registration statements for Lincoln's variable life and annuity products. Draft prospectuses and other disclosure documents. Oversee the production of legal research including the use of electronic, hard copy, and internet resources, as necessary. Responsible for effectively managing time sensitive projects across large multi-disciplined and cross functional teams. Select outside counsel and direct them on various legal projects, as appropriate. Analyze: Review documents and communications prepared for distribution to and/or use by producers and clients. Analyze and communicate changes/developments in the laws applicable to life and annuities (legislative, regulatory, case law). Maintain current knowledge of legal developments and trends, assess the impact, and ensure that new trends/developments are appropriately incorporated in current/future strategies. What we're looking for: Education: Undergraduate degree; J.D. from an American Bar Association (ABA) approved school and a member of the bar in good standing is required. Experience with Securities Act of 1933 and Investment Company Act of 1940. Minimum of 10+ years' experience as an attorney preferably either at a law firm or financial services company. Experience with the tax treatment of life and annuities - In-depth knowledge of the legislative and regulatory process, rules, and protocols governing those processes - Working knowledge of computer based legal research and other legal systems. - In-depth understanding of corporate structure, client organization, and business and corporate protocol - Experience reading, interpreting and drafting documents written at the most sophisticated levels such as contracts, prospectuses, policies, and proposals - Experience in a financial services/insurance organization is preferred - Demonstrated ability to recognize and weigh business and legal risks, lead strategically and advance innovative solutions. A demonstrated track record of consistently meeting and/or exceeding performance expectations. Possesses a bias for action and avoids workplace distractions. Drives performance targets to completion. Applications for this position will be accepted through July 31st, 2025, subject to earlier closure due to applicant volume.