Full-Time

VP – Corporate Counsel

Retirement Strategies

Posted on 11/21/2024

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$185.2k - $250.6kAnnually

+ Bonus

Senior

Newark, NJ, USA + 2 more

More locations: Shelton, CT, USA | Hartford, CT, USA

Hybrid remote/office position; may be located in Shelton, CT, Hartford, CT, or Newark, NJ.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Marketing
Requirements
  • 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)
Responsibilities
  • 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.

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning to ensure they are prepared for the future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, United Kingdom

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's leadership in the financial services industry is reinforced by its strategic investments and acquisitions, which can lead to enhanced growth opportunities.
  • The company's recognition as a top company for executive women highlights its commitment to diversity and inclusion, potentially attracting top talent.
  • Prudential's focus on outcome-based work and strategic workforce management can lead to increased productivity and employee satisfaction.

What critics are saying

  • The financial services industry is highly competitive, and Prudential must continuously innovate to maintain its market position.
  • Economic downturns or changes in regulatory environments could impact Prudential's revenue streams from premiums, fees, and investment income.

What makes Prudential Financial unique

  • Prudential Financial's global reach and comprehensive suite of financial services, including insurance, investment management, and retirement planning, set it apart from competitors who may focus on narrower market segments.
  • The company's focus on long-term relationships and comprehensive financial planning ensures a personalized approach that is often lacking in more transactional financial service providers.
  • Prudential's strategic investments, such as its stake in Qianhai Re and leadership in funding rounds like FIDx, demonstrate its commitment to innovation and market expansion.

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