Corebridge Financial
Associate General Counsel - Institutional Markets
Corebridge Financial, Houston, Texas, United States, 77246
Associate General Counsel – Institutional Markets
Who We AreCorebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.
Get to know the businessLife and Retirement is a unique franchise that brings together a broad portfolio of life insurance, retirement and institutional products offered through an extensive, multichannel distribution network. It holds longstanding, leading market positions in many of the markets it serves in the U.S.
Corebridge Financial Global Legal, Compliance, Regulatory and Government Affairs department is comprised of attorneys and other professionals providing high quality advisory and transactional support with integrity and objectivity across all parts of the organization. The team ensures an operating environment that minimizes legal, regulatory and reputational risks and complies with all laws and regulations and Corebridge Financial policies & procedures. This is a global, diverse and award-winning team that has been recognized for its leadership and innovative solutions. You will also be able to participate in Corebridge Financial award-winning pro bono program.
About The RoleIn this challenging and dynamic role, you will have the opportunity to demonstrate your legal expertise by being responsible for legal aspects pertaining to the Institutional Markets businesses. This position will report to the Deputy General Counsel, responsible for legal affairs related to the Institutional Markets business of AIG Life and Retirement.
This position has a broad scope of work. This role is primarily dedicated to: (i) providing general contract, insurance regulatory and transactional legal support for AIG Life and Retirement’s Institutional Markets pension risk transfer (“PRT”) business in the U.S. and Reinsurance Strategy (“Reinsurance”); (ii) negotiation of assumption and ceded reinsurance transactions; and (iii) supporting new initiatives primarily for PRT and Reinsurance.The position will also assist the Institutional Markets team in respect of other business lines such as structured settlements, medium term note offerings, stable value wrap and private placement products.Areas of responsibility for this role will include support of product development, transactional negotiation and investments/capital markets matters. This will include drafting and negotiation of all relevant contracts and documentation as well as filings with applicable regulators in conjunction with the PRT business team or from a Reinsurance perspective.The position will also work cross functionally to assist the other Institutional Markets lines of business when necessary, collaborate with the legal teams across AIG and provide support with respect to legislative tracking, compliance and handling of special projects.Tax and ERISA knowledge is a plus.Performance ObjectivesGeneral transactional experience is necessary.Transactional experience in the life and annuity and/or reinsurance industry is preferred.Responsible for all aspects of legal and regulatory matters relating primarily to the PRT and Reinsurance, but also with respect to other relevant Institutional Markets lines of business.Frequent interaction with the senior management of AIG Life and Retirement and at AIG.Provide legal advice with respect to product development, transactional, insurance regulatory, contract negotiation, operational and compliance matters.Negotiation of agreements.Communication with regulatory authorities, as necessary.Participate in functional projects as well as cross-functional projects within AIG Life and Retirement.Travel will be necessary from time to time.What You Need To KnowAt least 10 years of in-house experience in the life and annuity industry, reinsurance industry, or at a major law firm supporting life, annuity, reinsurance and/or transactional work and preferably insurance company clients.Intellectual curiosity and a strong desire for knowledge and growth.Experience with drafting, mark-ups and negotiation of agreements.Demonstrated ability to work in a fast-paced environment and to find creative solutions on diverse matters requiring complex legal and strategic analysis.Excellent written and oral communications skills.Strong organizational, time management and project management skills.Must be capable of working independently and/or as part of a team.Knowledgeable about regulatory and risk management functions.Strong reasoning ability and capacity to understand inner workings of departments at AIG.Good judgment and ability to provide timely legal advice.Ability to identify and develop solutions to legal and business risks.JD required.Admittance to at least one state bar.What our employees like most about working for Corebridge Financial Life & RetirementWe care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with increased responsibility and increased compensation.Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.Our people are our most important asset therefore we provide a generous benefits plan and competitive pay.Benefit package includesPaid Time Off: Corebridge Financial recognizes the importance of work-life balance. We offer 24 PTO days to start. YES, 24!17 paid holidays per calendar year.A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of if you enroll or not.We are an Equal Opportunity EmployerCorebridge Financial, Inc., its subsidiaries and affiliates are committed to being an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional AreaLG - Legal, Regulatory & Gov't Affairs
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: Yes
American General Life Insurance Company#J-18808-Ljbffr
Who We AreCorebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.
Get to know the businessLife and Retirement is a unique franchise that brings together a broad portfolio of life insurance, retirement and institutional products offered through an extensive, multichannel distribution network. It holds longstanding, leading market positions in many of the markets it serves in the U.S.
Corebridge Financial Global Legal, Compliance, Regulatory and Government Affairs department is comprised of attorneys and other professionals providing high quality advisory and transactional support with integrity and objectivity across all parts of the organization. The team ensures an operating environment that minimizes legal, regulatory and reputational risks and complies with all laws and regulations and Corebridge Financial policies & procedures. This is a global, diverse and award-winning team that has been recognized for its leadership and innovative solutions. You will also be able to participate in Corebridge Financial award-winning pro bono program.
About The RoleIn this challenging and dynamic role, you will have the opportunity to demonstrate your legal expertise by being responsible for legal aspects pertaining to the Institutional Markets businesses. This position will report to the Deputy General Counsel, responsible for legal affairs related to the Institutional Markets business of AIG Life and Retirement.
This position has a broad scope of work. This role is primarily dedicated to: (i) providing general contract, insurance regulatory and transactional legal support for AIG Life and Retirement’s Institutional Markets pension risk transfer (“PRT”) business in the U.S. and Reinsurance Strategy (“Reinsurance”); (ii) negotiation of assumption and ceded reinsurance transactions; and (iii) supporting new initiatives primarily for PRT and Reinsurance.The position will also assist the Institutional Markets team in respect of other business lines such as structured settlements, medium term note offerings, stable value wrap and private placement products.Areas of responsibility for this role will include support of product development, transactional negotiation and investments/capital markets matters. This will include drafting and negotiation of all relevant contracts and documentation as well as filings with applicable regulators in conjunction with the PRT business team or from a Reinsurance perspective.The position will also work cross functionally to assist the other Institutional Markets lines of business when necessary, collaborate with the legal teams across AIG and provide support with respect to legislative tracking, compliance and handling of special projects.Tax and ERISA knowledge is a plus.Performance ObjectivesGeneral transactional experience is necessary.Transactional experience in the life and annuity and/or reinsurance industry is preferred.Responsible for all aspects of legal and regulatory matters relating primarily to the PRT and Reinsurance, but also with respect to other relevant Institutional Markets lines of business.Frequent interaction with the senior management of AIG Life and Retirement and at AIG.Provide legal advice with respect to product development, transactional, insurance regulatory, contract negotiation, operational and compliance matters.Negotiation of agreements.Communication with regulatory authorities, as necessary.Participate in functional projects as well as cross-functional projects within AIG Life and Retirement.Travel will be necessary from time to time.What You Need To KnowAt least 10 years of in-house experience in the life and annuity industry, reinsurance industry, or at a major law firm supporting life, annuity, reinsurance and/or transactional work and preferably insurance company clients.Intellectual curiosity and a strong desire for knowledge and growth.Experience with drafting, mark-ups and negotiation of agreements.Demonstrated ability to work in a fast-paced environment and to find creative solutions on diverse matters requiring complex legal and strategic analysis.Excellent written and oral communications skills.Strong organizational, time management and project management skills.Must be capable of working independently and/or as part of a team.Knowledgeable about regulatory and risk management functions.Strong reasoning ability and capacity to understand inner workings of departments at AIG.Good judgment and ability to provide timely legal advice.Ability to identify and develop solutions to legal and business risks.JD required.Admittance to at least one state bar.What our employees like most about working for Corebridge Financial Life & RetirementWe care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with increased responsibility and increased compensation.Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.Our people are our most important asset therefore we provide a generous benefits plan and competitive pay.Benefit package includesPaid Time Off: Corebridge Financial recognizes the importance of work-life balance. We offer 24 PTO days to start. YES, 24!17 paid holidays per calendar year.A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of if you enroll or not.We are an Equal Opportunity EmployerCorebridge Financial, Inc., its subsidiaries and affiliates are committed to being an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional AreaLG - Legal, Regulatory & Gov't Affairs
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: Yes
American General Life Insurance Company#J-18808-Ljbffr