Associate General Counsel jobs in Rocky Mount, NC

Description

Company Description:

Aspida Holdings Ltd., through its subsidiaries (collectively “Aspida”), is focused on providing retirement and reinsurance solutions, having operations in the U.S. and Bermuda with total assets of $11.3 billion as of September 30, 2023. Aspida, through its U.S. platform – Aspida Life Insurance Company – is focused on leveraging technology and agility to help clients achieve – and protect – their dreams. Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions. Aspida seeks to be a trusted partner in its clients’ financial security while driving its growth by doing good for the communities it serves. Aspida is backed by Ares Management Corporation, which, through the Ares Insurance Solutions team, provides dedicated investment management, capital solutions and corporate development support. For more information, please visit aspida.com or follow them on LinkedIn, Facebook.

Who We Are:

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#! Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For:

Under limited supervision, the Investments Attorney will be responsible for leading all legal and compliance matters related to the investment portfolios for Aspida’s operating insurance and reinsurance businesses. This will include overseeing governance and controls related to the investment policies, reviewing, and analyzing investment transactions, reviewing state/federal laws related to insurance company investments, and working closely with senior management and the investments teams on executing investment transactions. The ideal candidate should have a deep understanding of insurance laws, investment regulations, and financial markets. This role will report to the Chief Legal Officer and is required to be on-site 3 days a week at our headquarters in Durham, NC.

What You Will Do:

• Provide legal and business counsel to senior management and other key leaders of Aspida.
• Draft, review, and negotiate legal documents related to insurance investments, including investment agreements, asset management agreements, and other transactional documents.
• Provide legal support for investment transactions, ensuring compliance with regulatory requirements.
• Oversee and lead all aspects of Aspida’s investment compliance process, including ensuring compliance with investment guidelines and monitoring investment managers.
• Assess and manage legal and financial risks associated with insurance investments.
• Support investment team with subscription documents and regulatory and KYC issues for investment transactions.
• Coordinate and manage outside counsel, as needed.
• Provide support for holding company and operating company boards and investment committees.
• Effectively collaborate with other corporate functions as necessary (i.e., risk, finance, investments, actuarial, tax, etc.).
• Provide support for other major projects as and when they arise (e.g., capital raising, mergers and acquisitions, etc.).

What We Provide:

• Salaried, DOE
• Full-Time
• Full Benefits Package Available

What We Believe:

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

• Bar admission in good standing in at least one state with the ability to be admitted in North Carolina.
• 7 years of experience in a law firm or in-house role.
• Experience with state insurance regulatory framework for insurance company investments.
• In-depth knowledge of insurance laws, investment regulations, and financial markets.
• Experience drafting, reviewing, and negotiating investment management agreements and reviewing a wide range of documentation related to investment transactions.
• Clear and concise verbal and written communication skills.
• Self-motivated with strong interpersonal skills.
• Problem solver who is curious, skeptical, analytical, creative and detail-oriented.
• Ability to manage multiple projects in a fast-paced environment.