AVP or VP, Finance & Investments Counsel

Wilton Re

$150K — $215K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of legal experience in investments, asset management, or state insurance matters.
  • Prior experience in insurance or reinsurance, particularly life insurance, is highly preferred.
  • Strong organizational and project management abilities, working independently in various environments.
  • Familiarity with statutory accounting for life companies is a plus but not mandatory.
  • Excellent written and verbal communication skills suitable for diverse audiences.

Responsibilities

  • Manage legal documentation for investment management matters including IMAs and advisory agreements.
  • Draft and negotiate legal documents while managing internal review processes.
  • Advise senior management on relevant laws, regulations, and their potential business impacts.
  • Support corporate hedging and derivative strategy execution and compliance matters.
  • Assist in capital management activities including financing and corporate distributions.
  • Collaborate with the finance team on regulatory filings, ensuring compliance with standards.
  • Provide presentations to senior management on relevant finance and investment issues.

Benefits

  • Competitive vacation and sick leave, including holidays and early closing days.
  • 401(k) plan with employer contributions.
  • Profit-sharing program.
  • Comprehensive health, vision, dental, and life insurance with wellness programs.
  • Current hybrid work environment with flexibility.
Full Job Description
AVP or VP, Finance & Investments Counsel

We are searching for an experienced AVP or VP, Finance & Investments Counsel at our Connecticut office.

AVPor VP, Finance and Investments Counsel
Full Time
Norwalk, CT

Position Summary:
The Finance and Investments Counsel is responsiblefor supporting the company's investment, finance and capital managementinitiatives. This position reports directly to Wilton Re's Group Chief LegalOfficer.

Role Responsibilities:
Manage and lead legal documentation and process for investment management matters (e.g., IMAs, advisory agreements, custodial arrangements, and asset transfer and servicing arrangements).
Draft, review and negotiate such documentation directly with counterparties and manage internal review processes with respect thereto (including collaborating, coordinating and advising senior management to ensure proper management of business risks).
Monitor, interpret and advise senior management on developments in the laws, rules and regulations relevant to the treatment and management of insurance assets as well as capital management and financial reporting requirements, and the potential impact to Wilton Re's business and investment portfolio.
Provide legal support for execution of corporate hedging and derivative strategies, including review and negotiation of ISDA documentation and advising the business on related compliance matters.
Provide legal support for capital/balance sheet management activities, including third-party financing (e.g., credit facilities, LOCs, etc.), corporate distributions, reinsurance recaptures and similar transactions.
Assist the Chief Financial Officer and the Treasury and Investment teams in managing banking relationships, as needed.
Provide legal support to the finance team concerning regulatory filings ensuring they align with company and regulatory standards.
Provide ad-hoc support drafting regulatory responses, disclosures, and other correspondence with regulatory agencies and rating agencies concerning finance and investment matters.
Provide ad-hoc support to and work closely with the transaction team related to documentation for trust arrangements, investment management related documentation, and asset transfers.
Provide written and oral presentations to the senior management team.

Basic Qualifications:
Minimum 5 years of legal experience with a focus on investments, asset management, and/or state insurance matters with knowledge of relevant laws, rules and regulations.
Prior experience within insurance or reinsurance, specifically life insurance highly preferred.
Solid organizational and project management skills with an ability to work autonomously and adapt to various types of styles and processes.
Knowledge of statutory accounting for life companies preferred but not required.
Able to effectively communicate, both written and oral, with the intended audience.
Able to exercise sound judgment in a fast-paced environment.
Able to exercise agility and adaptability in providing legal advice.
Able to assist the business in developing and implementing creative, cost effective and realistic solutions that create business impact.

Required Education /Certifications:
JD from an ABA accredited law school.
Member of the Bar in good standingof any US jurisdiction.

Pay/Location
Norwalk, CT
Hybrid Structure
Occasional travel may be required (e.g.,visits to Norwalk, CT office)

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

Base salary/hourly rate range forthis position in Connecticut is between $150,000 and $ 215,000 Please note thatspecific compensation decisions are based upon a variety of job-related factorsas permitted by law, including geographic location, credentials, skills,education, training, and experience.

Base salary is just one component ofWilton Re's total compensation package for employees. Additional compensationincludes annual performance-based bonus, 401K with employer contribution, andprofit-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

To AllRecruitment Agencies: Please do not send any resumes orsolicitations regarding open positions to Wilton Re employees unless you havebeen 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 responsiblefor any fees related to unsolicited resumes.

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