Job Details

Life Insurance Counsel

Company name

Principal Financial Services, Inc

Organization Type

In-House

Job Type

Attorney

Years of Experience

Min 8 yrs required

Location

Des Moines, IA

Date Last Verified

Apr 20,2018

Posted on

Mar 27,2018
Practice Area
Litigation >> Litigation - Insurance
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Life Insurance Counsel The candidate will provide legal services to individual life operations. Primary responsibilities will include: product development; drafting of policy language; advising on life insurance policy administration issues; and negotiating and drafting reinsurance treaties. Review customer pre-litigation matters and complaints. Participate in meetings with business unit management. Responsible for customer and supplier contracts, including distribution agreements; and supporting special projects, such as various digital and eCommerce initiatives. Stay current on current topics and trends in the life insurance industry. Advise on the use of life insurance for COLI/BOLI purposes; and draft producer agreements and advising on producer disputes.

Qualification and Experience

The candidate should have a J.D. degree and 8+ years of experience as an attorney. Must be admitted to practice in the state of Iowa within twelve months of hire. Requires knowledge of the relevant area of law and its application. Knowledge state and federal regulation of life insurance products required. Knowledge of COLI and BOLI products, including 409A issues, needed. Should have knowledge of insurance regulatory issues. Familiarity with sales and servicing of life insurance is essential. Experience with variable life and annuity products is desired.

Additional info

Ref. #: 221401

Company info

Hiring Coordinator
Principal Financial Services, Inc
711 High Street
Des Moines, IA 50392

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