Associate General Counsel, Insurance Regulatory

Min 10 yrs required

Full-time

No

This role is not available for remote work, and will require the employee to be on-site in our Richmond, VA office.



As an Associate General Counsel, Insurance Regulatory, you will be responsible for providing legal advice and counsel on a wide range of issues affecting Genworth's insurance companies, with a focus on its long term care insurance business. This role will involve being a strategic advisor on Insurance Holding Company System Act and corporate insurance regulatory matters, and working closely with the General Counsel, Long-Term Care.

Key responsibilities and qualifications for this position include:

Key Responsibilities:

- Providing strategic advice and counsel to senior business, finance, legal, and other colleagues on Insurance Holding Company System Act and corporate insurance regulatory matters
- Supporting contracting initiatives between insurance affiliate entities and external parties
- Providing guidance on various issues affecting Genworth's long-term care insurance business, including new and existing insurance products, advertising and training materials review, complaint resolution, and operational and infrastructure support
- Working closely with various teams across the organization such as Sourcing, Compliance, Operations, Consumer Affairs, Reinsurance, and Tax, as well as external parties such as regulators, attorneys, and reinsurance partners
- Staying updated on new laws, regulations, and caselaw and advising internal clients on their impact
- Identifying legal and regulatory risks and developing risk avoidance and mitigation strategies

Qualifications:

- JD degree from an accredited law school
- Minimum of 10 years of experience as legal counsel within a corporate legal department, state department of insurance, or a quality law firm focused on insurance regulatory matters
- Experience with Insurance Holding Company System Act and corporate insurance regulatory matters, preferably with responsibility for advising senior leadership and/or directing and overseeing the work of others on complicated, nuanced issues
- Experience with long term care insurance and the applicable legal/regulatory environment
- Experience drafting contracts and providing strategic advice about contracting initiatives
- Demonstrated ability to learn and master new substantive topics quickly
- Outstanding written and oral communication skills
- Top-notch legal analytical skills
- Proactive, creative problem-solving skills
- Strong partnership with internal business clients and a solution-oriented focus on achieving business priorities and goals
- Strong legal research and writing skills
- Ability to simplify complex legal concepts
- Ability to work with minimal daily supervision, while also knowing when a matter requires escalation
- Proven ability to proactively manage client/management expectations
- Ability to balance multiple priorities within compressed timeframes and work in a fast-paced, team-oriented environment
- Ability to identify and assess risks and make recommendations regarding risk mitigation
- Strong organizational and time-management skills

Employee Benefits & Well-Being:

Genworth values its employees and is committed to making a difference in their lives. Some of the benefits and well-being initiatives offered by the company include:

- Competitive compensation and total rewards incentives
- Comprehensive healthcare coverage
- Multiple 401(k) savings plan options
- Auto enrollment in employer-directed retirement account feature (100% employer-funded!)
- Generous paid time off, including 12 paid holidays, volunteer time off, and paid family leave
- Disability, life, and long term care insurance
- Tuition reimbursement, student loan repayment, and training & certification support
- Wellness support, including gym membership reimbursement and Employee Assistance Program resources for work/life support, financial & legal management, caregiver and mental health support services.

Additional Information:

- At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
- This role is not available for remote work and will require the employee to be on-site in the Richmond, VA office.

Genworth is an equal opportunity employer and values diversity and inclusion. The company celebrates all perspectives, characteristics, and experiences and believes that being intentional about inclusion is the only way to create a sense of belonging for all associates. Genworth also invests in the vitality of its local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

In Summary:

The Associate General Counsel, Insurance Regulatory position at Genworth is a full-time role located in Richmond, VA. The successful candidate will have a JD degree and a minimum of 10 years of experience as legal counsel in a corporate legal department, state department of insurance, or a quality law firm with a focus on insurance regulatory matters. They will also have experience with Insurance Holding Company System Act and corporate insurance regulatory matters, as well as familiarity with the long term care insurance industry. Strong communication, analytical, and problem-solving skills are essential for this role, as well as the ability to work independently and manage multiple priorities. Genworth offers competitive compensation and a comprehensive benefits package, as well as a commitment to diversity, inclusion, and community involvement.

Legal