The role is responsible for providing legal support on matters relating to our insurance business unit, with particular emphasis on fixed and variable life insurance product development as well as the management of in force policies. The principal legal subject matters covered include insurance and securities regulation, corporate structure and governance, and the marketing and distribution of life insurance products.
At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Key Responsibilities
Provide legal guidance and support on insurance product development initiatives, which include the drafting of insurance contracts and product prospectuses.
Provide legal guidance and support on underwriting matters.
Provide legal guidance and support on Board Governance matters, including the preparation and filing of Holding Company Reports with regulators.
Provide legal guidance and support on issues affecting the administration of in-force life insurance and annuities.
Provide guidance on legislative and regulatory matters impacting the insurance company.
Providing guidance and support on life insurance marketing material and sales illustrations for compliance with applicable regulations and industry guidelines.
Required Qualifications
JD required.
Admissions to a state bar.
1+ years of insurance industry or insurance regulatory experience
Strong written and oral communication skills with the ability to summarize complex legal matters concisely and accurately.
Strong interpersonal skills and the ability to liaison effectively with business partners.
A well-balance consultative approach and the ability to work with business and legal partners across all levels of the organization.
High level of integrity with strong decision-making skills.
Ability to work in a fast-paced team environment.
Good judgment and ability to make independent decisions.
Preferred Qualifications
Insurance industry experience
About Our Company We're a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.