MetLife Senior Corporate Counsel in New York, New York
Job Location: United States : New York : New York
Role Value Proposition:
Metlife’s legal team currently seeks a Securities lawyer to provide legal advice to business partners under the Federal securities laws in connection with issuance and maintenance of variable annuities and other variable insurance products, including drafting and filing SEC registration statements for variable annuity and life products and for providing day-to-day legal advice to the business partners who administer these products. 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 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.
There will be two areas of primary responsibility for the candidate we are seeking:
A. Provide legal advice to business partners under the Federal securities laws in connection with issuance and maintenance of variable annuities and other variable insurance products, including drafting and filing SEC registration statements for variable annuity and life products and for providing day-to-day legal advice to the business partners who administer these products. Collaborate with outside counsel, as appropriate, on various matters.
B. Provide legal advice via daily contact with – primarily – the long-term care, and – to lesser extent – group and disability business partners and through completion of various assignments as an individual or as part of a team including: research and analysis of laws that relate to and impact the business, identifying and quantifying risks, handling market conduct examinations and other regulatory matters with state insurance departments, providing compliance advice on applicable laws including ERISA, insurance law, preparing rate action filings and responding to related objections from insurance regulators, reviewing claim management guidelines and providing legal advice regarding claim processes.
The attorney will be responsible for:
Maintenance of variable annuities and other variable insurance products;
Day to day delivery of legal services individually and as a member of a team to all areas of MetLife’s individual and group disability and long term care businesses;
Effective, timely and strategic counsel to business on significant business initiatives;
Effective support of Unit, Section, and Law Department objectives and initiatives.
The attorney will be able to:
Handle complex legal matters, analyze legal (and business, where applicable) issues, draft legal documents, and negotiate matters and solve intricate problems using sound legal judgment and expertise with minimal or no supervision;
Build and maintain client relationships with diplomacy and by providing concise, insightful, timely, pragmatic, and proactive counsel;
Prepare, initiate, advocate, and effectively present legal points and recommendations to influence clients and to represent clients as legal counsel;
Conduct legal research and gather matter-related information from various sources;
Educate self and business partners on legal developments affecting the business and provide innovative strategies to address those developments;
Work on or lead project or cross-functional teams.
The attorney will have the responsibility to:
Handle customer complaints and regulatory inquiries;
Analyze new laws and regulations to determine whether they require changes to MetLife’s business processes and products;
Draft disclosures for prospectuses and offering memoranda for variable annuity and life products;
Update product registration statements;
Advise business areas on all aspects of product design and modification;
Reviewing sales literature;
Perform other duties as required.
Essential Business Experience and Technical Skills:
J.D. and strong academic credentials;
Admitted to practice in New York State or as in-house counsel;
Candidate will be able learn and to work under the limited supervision of a senior attorney;
Candidate must have excellent oral and written communications skills and the ability to handle multiple projects and assignments effectively, and must be able to deal comfortably with business partners and others at all levels within the company;
4-6 years practice post bar admission;
Relevant practice and experience preferred;
Leadership aptitude and interest in developing management competencies preferred.
Legal Affairs, US Business
Number of Openings
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.”
MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on 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.
For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.
Requisition #: 98431