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Counsel - Retirement & Income Solutions

Date Posted: Aug 29, 2021

Location: New York, NY, US, 10166

Company: MetLife

Job Location:  New York, NY

 

Role Value Proposition: 

In Legal Affairs, we strive to attract, develop and retain diverse talent with the potential to be future leaders of our department and of MetLife as a whole. We seek legal and compliance professionals who demonstrate high intellectual capacity to understand complex matters facing our company, combined with strong leadership competencies to motivate and inspire higher performance by all of our professionals. We take an active role in developing the skills of our talent and guiding their professional growth. By promoting skill development and career advancement for our professionals we are better positioned to serve our internal business partners and to help achieve MetLife’s vision of becoming a world-class leader in the insurance, retirement savings and employee benefits industries.

 

This position will support MetLife’s Retirement & Income Solutions (RIS) business and provide advice on state contract filings for annuities and life insurance products. This position will also be the primary attorney supporting RIS Operations for group annuity contracts.

 

Key Responsibilities:

  • Serve as the principal legal adviser for the RIS Contracts Team and RIS Operations.
  • Provide legal analysis and advice on product development and underwriting activities and regulatory filings, marketing materials and general sales practices for annuities and life insurance products
  • Draft, review and revise product documentation, including policies, contracts, certificates, and distribution arrangements
  • Assess and communicate legal and regulatory risks associated with RIS Operational practices
  • Leverage internal MetLife legal resources, including subject matter experts from throughout the Law Department, as well as outside counsel when necessary to ensure that RIS has consistent access to effective legal support for the Contracts Team and Operations
  • Encourage development of the necessary skills and legal expertise within the MetLife Law Department to ensure adequate bench strength and capabilities exist to support RIS over the long term

 

Essential Business Experience and Technical Skills:

  • Law degree (J.D. or equivalent) and bar admission required with a minimum of three years of relevant legal experience, preferably with a strong record of in-house success. 
  • Ideal candidate will have 3 or more years of experience working with annuities and life insurance products.
  • Admitted to practice law in the State of New York or be qualified to be admitted to practice as in-house counsel.
  • Extensive experience drafting and negotiating group annuity, group life insurance policies and other group insurance products.
  • Experience dealing with state and federal regulators and working with institutional investors and qualified plans.
  • Ability to handle complex legal matters with oversight while escalating significant issues in a timely fashion.
  • Sound judgment, a high degree of professionalism, an ability to prioritize and adhere to deadlines, and leadership competencies to motivate, train and develop others.
  • Communicates clearly, concisely and persuasively with a variety of internal stakeholders (corporate business partners, team members, functional colleagues, etc.) and  works collaboratively and builds effective partnerships

 

Travel

NA

 

Business Category

Legal

 

Number of Openings

1

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.” 

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MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies." 

       

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.  Visit us at www.metlife.com to learn more about our brand, history, and values. 

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to accommodations@metlife.com or call our Employee Relations Department at 1-877-843-3711.

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 

MetLife maintains a drug-free workplace.

 

 


Nearest Major Market: New York City