Legal & Compliance Counsel

Overview Legal and Compliance Counsel

Full Time

Norwalk, CT

About the Company :

Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.

Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.

Position Summary :

As an integral part of our firm, the Legal and Compliance Counsel is tasked with providing expert legal guidance and support to ensure our operations align with all applicable laws and regulations. This position demands an understanding of regulatory compliance, life insurance operations, and risk management. Our ideal candidate is a proactive problem solver and strategic thinker with exceptional communication skills. In this role, you will report to the Head of Compliance and Litigation and will work closely with various departments providing legal guidance on a broad range of matters including cybersecurity, privacy, anti-money laundering, fraud, vendor management, market conduct matters, complaints and third-party risk management.

Role Responsibilities Provide legal advice and guidance to firm departments concerning data protection, artificial intelligence, cybersecurity, privacy, fraud, anti-money laundering and other operational matters.

Ensure firm’s compliance with local, state, and federal laws and regulations by conducting legal research and staying updated on changes in laws that may affect the firm.

Manage the firm’s compliance policies and procedures and develop new policies to address emerging issues or developments in applicable laws / regulations.

Work closely with compliance staff located in Texas to ensure efficient functioning of compliance processes as well as appropriate development of the staff.

Serve as legal counsel to 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, coordinate form filings and provide legal advice regarding coverage terms and conditions.

Coordinate with external counsel as needed.

Basic Qualifications 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 regulated entity including cybersecurity, privacy and vendor management preferred.

Required Education / Certifications Juris Doctor (JD) degree from an accredited law school.

Admission to a state bar and in good standing.

Pay / Location Norwalk, CT

Hybrid Structure

Minimal to no travel required

This role may be filled at a level dependent on the experience and qualifications of the applicant.

Base salary / hourly rate range for this position in Connecticut is between $150,000 and $180,000 Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.

Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives. All incentives and benefits are subject to the applicable plan terms.

What We Offer Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days

401(k) plan with employer contribution – 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

Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have 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. Any information shared by the applicant about an accommodation will be treated as confidential.

To All Recruitment Agencies : Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.

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