Posted: Aug 31, 2022
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Reinsurance Attorney

Allianz Life - Minneapolis, MN
Full-time
Application Deadline: N/A
Finance & Insurance

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

What you do:

Allianz Life is seeking a highly motivated collaborative attorney to support the Corporate and Product legal team.   This position will focus on legal, regulatory and contractual issues involving life and annuity reinsurance and will provide legal support on other insurance and transactional matters, as needed.

Essential Job Functions:

  • Provide quality legal services on a timely and cost-efficient basis
  • Support negotiation, drafting, and review of reinsurance agreements and related agreements
  • Serve as the legal representative on reinsurance core team as needed
  • Assist with corporate governance and operational matters related to reinsurance
  • Advise on legal and regulatory requirements, corporate policies and procedures, best practices, and strategies for managing risk as part of a multi-national organization
  • Analyze business plans and initiatives to identify legal risks, and advise clients on findings and mitigation strategies, including completing legal research related to plans and initiatives
  • Prepare memoranda, legal agreements, regulatory filings, and other documents as required
  • Work cross functionally with other attorneys to provide holistic legal advice
  • Manage outside counsel as needed

What you bring:

  • Law degree from ABA accredited law school
  • Licensed to practice in Minnesota
  • 4-5 years of experience with a Law Firm, Governmental or Administrative Agency or as in-house counsel at an Insurance or Financial Services Company
  • Experience in contract drafting and negotiation, advising clients on contractual and regulatory matters
  • Experience in advising on general corporate matters 
  • Detail oriented with strong organizational and interpersonal skills
  • Inquisitive with an ability to navigate complicated and nuanced issues
  • Willingness to learn and expand legal knowledge in unanticipated areas

Preferred Qualification

  • 6-7 years experience preferred: Law firm, Governmental or Administrative Agency and/or Insurance or Financial Services company
  • Experience in drafting and negotiation of life and annuity reinsurance agreements
  • Experience in life and annuity insurance company regulatory matters

 

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.

 

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us.  We care for tomorrow.