Counsel 2 - Insurance Regulatory Counsel (Employee Benefits Insurance)

Aegon•Philadelphia, PA

73d•$140,000 - $150,000•Hybrid

About The Position

We are seeking a Counsel 2 for a critical role in ensuring the success and compliance of our organization. In this dynamic position, you will be a key contributor within a team of four attorneys who provide strategic legal guidance and support within Transamerica's Protection Solutions and Savings & Investments businesses that focuses on Supplemental Health insurance.

Requirements

JD from an ABA accredited law school
Member of the Bar in good standing of any US jurisdiction
Two years experience with insurance regulatory issues and/or a focus on supplemental health insurance, and state insurance matters with knowledge of relevant laws, rules and regulations
Effective communicator, both in writing and orally, with the intended audience
Able to exercise sound judgment in a fast-paced environment
Able to exercise agility and adaptability in providing legal advice
Comfortable in a rapidly changing corporate environment
Proficient using MS Office
Effective organizational and project management skills with an ability to manage multiple priorities
Action oriented, timely and organized with ability to prioritize workload with accuracy and attention to detail
Focuses on creating an environment of honesty, inclusion and respect for others, is open to and champions differing ideas and perspectives, and collaborates in a fully inclusive manner
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Nice To Haves

Experience with voluntary benefits insurance products including supplemental health and/or long-term care, and with the ACA, HIPAA and ERISA laws
Employs innovative thinking to assist the business in generating and implementing creative, cost effective and realistic solutions that create business impact and lend toward its growth

Responsibilities

Provide legal advice and support in the development, maintenance and offering of supplemental health insurance products and services for our Group Employee Benefits division
Prepare, review and negotiate legal contracts, documents and agreements, including marketing, distribution, administration, TPA and/or vendor agreements for the review of senior team members
Advise on legal risks and potential impacts of business decisions, as well as escalated claims and consumer complaints
Monitor, review and interpret relevant changes in laws, rules and regulations, particularly those related to insurance regulations
Review and interpret laws and regulations as they relate to employer groups, associations, labor unions, and other non-employer groups to ensure they comply with state law prior to issuing policies
With guidance from a senior attorney, educate business partners of the potential impact to Transamerica's supplemental health insurance business, work cross-functionally with compliance, product, and operations to comply with applicable laws and regulations while minimizing client impact
Draft regulatory responses, disclosures, and other correspondence that may include Market Conduct issues for the review of senior team members
Collaborate with internal compliance teams to develop and implement policies and procedures to mitigate legal risks
Work on legal issues where analysis requires identification and evaluation of multiple factors

Benefits

Competitive Pay
Bonus for Eligible Employees
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs