Insurance - Regulatory & Compliance Attorney in Norwalk, CT

In-House

Norwalk, CT

Insurance - Regulatory & Compliance Attorney in Norwalk, CT

Attorney

Min 4 yrs required

No

Job Title: Legal and Compliance Counsel

Job Responsibilities:
- Provide legal advice and guidance to various departments concerning data protection, artificial intelligence, cybersecurity, privacy, fraud, anti-money laundering, and other operational matters.
- Ensure compliance with local, state, and federal laws and regulations by conducting legal research and staying updated on changes in laws that may affect the company.
- Manage the company’s compliance policies and procedures and develop new policies to address emerging issues or developments in applicable laws/regulations.
- Collaborate with compliance staff located in Texas to ensure efficient functioning of compliance processes and appropriate development of the staff.
- Serve as legal counsel to the Claims Committee, Special Investigations Unit, and Climate Change Working Group.
- Provide legal review of operating contracts and analyze third-party security risks.
- Respond to and manage regulatory and government inquiries, attorney complaints, subpoenas, levies, and liens.
- Manage market conduct inquiries and exams.
- Assist with claims adjudication and dispute resolution.
- Assist in product development and existing product support, including drafting insurance policies, coordinating form filings, and providing legal advice regarding coverage terms and conditions.
- Coordinate with external counsel as needed.

Education and Experience Information:
- Minimum 4 years of experience in a corporate legal department of a regulated entity or law firm representing regulated entities.
- Knowledge of life insurance products and operations preferred.
- Proven ability to work independently and as part of a team.
- Experience managing people and processes.
- Exceptional communication and interpersonal skills.
- Strong analytical and problem-solving skills.
- Demonstrated ability to manage multiple priorities and meet deadlines.
- Experience in regulatory compliance for a regulated entity, including cybersecurity, privacy, and vendor management preferred.
- Juris Doctor (JD) degree from an accredited law school.
- Admission to a state bar and in good standing.

Salary Information:
- Base salary/hourly rate range for this position in Connecticut is between $150,000 and $180,000.
- Specific compensation decisions are based upon a variety of job-related factors, including geographic location, credentials, skills, education, training, and experience.
- Base salary is one component of the company’s total compensation package, which includes an annual performance-based bonus, 401K with employer contribution, and a profit-sharing program.
- Employee may also be eligible for long-term incentives (equity), subject to the applicable plan terms.

Additional Benefits:
- Competitive vacation and sick time, including company-paid holidays, floating holidays, and early closing days.
- 401(k) plan with employer contribution for US employees only.
- Profit Sharing Program.
- Competitive parental leave.
- Health, vision, dental, and life insurance, including access to health and wellness programs.
- Actuarial Development Program (ADP) for actuarial employees taking exams.
- Employee Assistance Program (EAP).
- Current hybrid working environment.
- Employee engagement events and various committees on site to join.

Company Commitment:
The company strives to attract, develop, and retain a diverse workforce and is committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. They have safeguards, policies, and commitments in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process, and any information shared by the applicant about an accommodation will be treated as confidential.

Note to Recruitment Agencies:
Please do not send any resumes or solicitations regarding open positions to company employees unless requested to work on this position or other positions with the company. The company is not responsible for any fees related to unsolicited resumes.