VP, Corporate Counsel, Retirement Strategies

Posted:
8/21/2024, 5:00:00 PM

Location(s):
Connecticut, United States ⋅ New Jersey, United States ⋅ Newark, New Jersey, United States ⋅ Hartford, Connecticut, United States ⋅ Shelton, Connecticut, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

Job Classification:

Corporate - Legal and Compliance

We are seeking an experienced insurance product attorney to join the Retirement Strategies Law Department. This position will provide counsel and support to Prudential’s Retirement Strategies business, including registered and unregistered variable and fixed annuity product development for our Annuities division and group stable value and BOLI product development for our Investment & Pension Solutions division (IPS). This position will have the opportunity to work closely with other US business and corporate legal groups on a variety of strategic and cross-business initiatives and sophisticated and complex product development.

The position will be a hybrid remote/office position and may be located in Shelton, CT, Hartford, CT, or Newark, NJ. Full remote may also be considered. Candidates must have a law degree, be admitted to the bar in at least one US state and eligible for NJ in-house licensing.

What you can expect:

  • Providing legal advice on new Annuities and IPS product development initiatives, working closely with business partners in a team environment from product concept to product launch; 
  • Providing counsel to the Annuities and IPS marketing teams on the development of advertising, sales and producer training materials, and new and innovative marketing concepts;
  • Collaborating regularly with the Retirement Strategies Compliance and Risk Management functions in assessing risks;
  • Working closely with legal colleagues on issues impacting the Retirement Strategies business, as well as other strategic and cross-business initiatives impacting the broader enterprise; 
  • Representing Prudential in industry committees and groups that evaluate legal issues and proposed legislation that impact the Retirement Strategies business; and
  • Engaging and managing outside counsel, as needed.  

What you’ll need:

  • 7+ years of relevant and sophisticated experience as a lawyer in a law firm or insurance company
  • Ability to advise on the creation and monitoring of cutting-edge stable value, variable and fixed annuities, income, and BOLI products in a way that anticipates and mitigates legal and regulatory risks. 
  • Knowledge of insurance laws and securities laws applicable to these products. Broker-dealer/FINRA expertise is a plus. 
  • An appetite for learning new legal disciplines, and the legal and business talent to find practical, risk-adjusted solutions to a business facing an evolving and increasingly challenging regulatory environment.
  • An ability to constructively engage with internal clients and control partners to advise on business practices that are designed to withstand regulatory and litigation challenges.
  • Admitted to practice in NJ, CT, or NY (or be able to obtain an in-house counsel license as required)

It would be a plus if you had:

  • Individual or Group Insurance product knowledge

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

Market competitive base salaries, with a yearly bonus potential at every level

Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

Retirement plans:

401(k) plan with company match (up to 4%)

Company-funded pension plan

Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development

Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations

Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service

To find out more about our Total Reward package, see our Total Rewards Brochure

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $185,200.00 to $250,600.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email
[email protected].

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Prudential Financial

Website: http://www.prudential.com/

Headquarter Location: Newark, New Jersey, United States

Employee Count: 10001+

Year Founded: 1875

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement