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