Director, Associate General Counsel
Company: TIAA
Location: Frisco
Posted on: April 12, 2025
Job Description:
Associate General CounselTIAA seeks an experienced insurance law
attorney to join our Law Department as a lawyer supporting
insurance product development and management for our institutional
retirement and retail businesses.This attorney will join a team
responsible for providing legal advice in connection with the
design and implementation of fixed annuities, stable value
products, funding agreements, and other insurance products and
services for defined contribution retirement plans and retail
markets.This attorney will work on new product development,
insurance contracts and other filings with state insurance
departments; support a broad range of insurance law matters
relating to the sound and prudent business operations of an
insurer, including market conduct, licensing, advertising,
insurance & annuity products, treatment of policyholders and
claimants, filing requirements, compensation, and compliance with
relevant regulations; provide legal support for marketing and
sales; and track new laws and regulations, and other regulatory
developments.Key Responsibilities and Duties
- Acting as a primary point of contact for insurance law advice
for the TIAA Product & Business Development team, including
drafting and filing of insurance contracts and other documents with
insurance regulators.
- Provide legal advice and support for a variety of issues
related to the two insurance companies and the insurance agency,
including operations, distribution, marketing & sales.
- Preparing Board and internal governance materials.
- Working with external and internal sources to advise on all
aspects of insurance product design and the launch of new products
and services.
- Keeping apprised of legal developments affecting client
businesses.
- Working on or leading projects or cross-functional teams.
- Knowledge and experience with insurance rules and filing
requirements impacting annuity and life insurance products,
including annuity contracts that fund retirement plans.
- Ability to research insurance laws and regulations, circular
letters, OGC opinions and relevant case law, and ability to
interpret and apply same.
- Dealing with insurance operational requirements.
- Interacting with Insurance Department regulators.Educational
Requirements
- Doctoral Degree Law RequiredWork Experience
- 5+ Years Required; 7+ Years PreferredPhysical Requirements
- Sedentary WorkCareer Level8ICRequired Experience:
- 5 years of experience practicing law in a major law firm, a
regulator, or in-house legal department with a focus on insurance
products to include in depth knowledge of insurance regulations
impacting annuity and insurance contracts that fund retirement
plans and with insurance rules and filing requirements
required.
- JD degree from an ABA accredited law school and member in good
standing of state bar is requiredPreferred Experience:
- Familiarity with Internal Revenue Code, ERISA and related
regulations impacting retirement plans is preferred.
- Experience with variable annuities.
- Familiarity with reinsurance.
- Familiarity with pension risk transfers.Anticipated Posting End
Date:2025-04-05Base Pay Range: $162,700/yr. - $245,000/yr.Actual
base salary may vary based upon, but not limited to, relevant
experience, time in role, base salary of internal peers, prior
performance, business sector, and geographic location. In addition
to base salary, the competitive compensation package may include,
depending on the role, participation in an incentive program linked
to performance.Company OverviewEvery worker deserves a secure
retirement. For more than 100 years, TIAA has delivered it for
millions of people. Founded to help educators retire with dignity,
today we--re a market-leading retirement company fueled by
world-class asset management.Benefits and Total RewardsThe
organization is committed to making financial well-being possible
for its clients, and is equally committed to the well-being of our
associates. That's why we offer a comprehensive Total Rewards
package designed to make a positive difference in the lives of our
associates and their loved ones.Equal OpportunityWe are an Equal
Opportunity/Affirmative Action Employer. We consider all qualified
applicants for employment regardless of age, race, color, national
origin, sex, religion, veteran status, disability, sexual
orientation, gender identity, or any other protected
status.Accessibility SupportTIAA offers support for those who need
assistance with our online application process to provide an equal
employment opportunity to all job seekers, including individuals
with disabilities.
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Keywords: TIAA, Frisco , Director, Associate General Counsel, Legal , Frisco, Texas
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