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Assistant General Counsel, Reinsurance Transactions - job 1 of 3

Global Atlantic Financial Group is a leading insurance company focused on retirement and life insurance needs. They are seeking an Assistant General Counsel to provide legal and strategic advice for their reinsurance transactions.

Skills

  • Legal expertise in financial services
  • Negotiation skills
  • Regulatory compliance knowledge
  • Communication skills
  • Project management

Responsibilities

  • Negotiate transactions and draft transaction documents
  • Serve as a strategic legal advisor on multibillion dollar transactions
  • Advise on regulatory matters affecting the business
  • Lead coordination of functional areas for business initiatives
  • Collaborate on best practices development

Education

  • Juris Doctor (JD) degree required

Benefits

  • Generous benefits package including 401(k)
  • Annual cash and long-term incentives
  • Flexible work culture
  • Commitment to diversity and inclusion
To read the complete job description, please click on the ‘Apply’ button
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CEO of Global Atlantic Financial Group
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Allan Levine
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Average salary estimate

$242500 / YEARLY (est.)
min
max
$235000K
$250000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Assistant General Counsel, Reinsurance Transactions, Global Atlantic Financial Group

Join Global Atlantic Financial Group as an Assistant General Counsel for Reinsurance Transactions in New York, NY! In this exciting role, you’ll provide vital legal advice and strategic insights for our rapidly growing insurance transactional business. You're at the forefront, working closely with the Institutional Markets team and navigating complex and novel transactions daily. You’ll lead negotiations and draft essential documents for a variety of insurance transactions, including multi-billion dollar reinsurance deals and pension risk transfers. Collaborating with the talented Global Atlantic Legal team, you’ll also advise on regulatory matters that impact our business, making your expertise invaluable. With superior negotiation and communication skills, you'll represent Global Atlantic's interests while building strong partnerships both internally and within the broader legal community. Your work will help shape best practices and drive business initiatives, all while enjoying a culture that values integrity, teamwork, and continuous improvement. If you're ready to make an impact in a dynamic environment with one of the industry leaders, we’d love to have you on board. Let’s create secure financial futures together!

Frequently Asked Questions (FAQs) for Assistant General Counsel, Reinsurance Transactions Role at Global Atlantic Financial Group
What responsibilities does the Assistant General Counsel at Global Atlantic Financial Group have?

The Assistant General Counsel at Global Atlantic Financial Group is responsible for providing legal and strategic advice regarding complex reinsurance transactions. This includes negotiating transactions, drafting necessary documents, managing regulatory matters, and collaborating with business teams and legal colleagues to support day-to-day operations of the insurance business.

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What qualifications are required for the Assistant General Counsel position at Global Atlantic?

To qualify for the Assistant General Counsel position at Global Atlantic, candidates should possess a Juris Doctor degree and have at least 6 years of relevant experience, preferably in financial services or insurance. Exposure to life and annuity reinsurance transactions, alongside superior negotiation and drafting skills, is also essential.

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How does the Assistant General Counsel role contribute to Global Atlantic’s success?

The Assistant General Counsel plays a critical role in Global Atlantic’s success by negotiating strategic transactions and ensuring compliance with regulatory requirements. Through effective collaboration and communication with various internal stakeholders and external contacts, the role facilitates business initiatives that enhance the company’s position in the insurance market.

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What kind of work environment can an Assistant General Counsel expect at Global Atlantic?

At Global Atlantic, the work environment for an Assistant General Counsel is dynamic and fast-paced, with a strong focus on collaboration and professional development. Employees are encouraged to innovate and sustainably influence the company’s trajectory while upholding values like integrity, teamwork, and accountability.

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Is travel a requirement for the Assistant General Counsel position at Global Atlantic?

Yes, the Assistant General Counsel position at Global Atlantic requires periodic travel to international locations, including Bermuda, for transaction negotiations. This is crucial for directly engaging with various stakeholders and ensuring the smooth execution of complex transactions.

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Common Interview Questions for Assistant General Counsel, Reinsurance Transactions
Can you describe your experience with life and annuity reinsurance transactions?

When answering this question, focus on specific examples of transactions you've handled. Discuss your role in negotiations, the challenges you faced, and how you ensure compliance with legal standards. Highlight any learnings or strategies that contributed to successful outcomes.

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How do you prioritize competing legal matters in a fast-paced environment?

To effectively answer this question, illustrate your decision-making process. Discuss tools and methods you use for managing your workload, such as time management strategies, communication with colleagues to gather insights, or specific software tools that help maintain organization.

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What strategies do you employ when negotiating complex transactions?

Share specific strategies like understanding the counterpart's interests, maintaining clear communication, and preparing thoroughly by researching similar deals. Emphasize your ability to remain adaptable under pressure to foster a successful negotiation atmosphere.

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How do you communicate complex legal matters to non-legal stakeholders?

In your response, emphasize the importance of clarity and simplicity. Provide examples of how you’ve broken down complex concepts using visual aids or analogies, and highlight your commitment to ensuring that business teams grasp critical legal issues affecting their strategies.

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Describe a challenging regulatory matter you managed. What was your approach?

When discussing a challenging regulatory matter, detail the situation, your analysis process, and the steps you took to reach a resolution. Talk about collaborating with external regulatory bodies and internal teams to ensure compliance and how that experience informed your approach to similar situations.

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What experience do you have in leading negotiations with C-suite executives?

Be specific in your examples of negotiations you’ve led with C-suite executives. Describe how you prepared for these discussions, understood their priorities, and successfully articulated points that led to beneficial outcomes for all parties.

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How do you stay updated on changes in financial services regulations?

To answer effectively, you might include resources you regularly consult, such as industry publications, legal seminars, and networks. Highlight your proactive approach in continuously educating yourself to ensure compliance and the effectiveness of your legal advice.

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What is your approach to evaluating and advising on novel transactions?

Discuss your systematic approach to evaluating new transactions, including conducting thorough risk assessments, consulting with relevant stakeholders, and employing a team-oriented mindset to navigate complexities. Highlight collaboration and creativity as key components of your method.

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Can you share an example of a time you facilitated a business initiative from a legal perspective?

Provide a specific situation detailing how you supported a business initiative through legal expertise. Discuss your involvement in the planning phase, your contributions to drafting documents, and how your input helped align legal aspects with business goals.

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What role do you believe an Assistant General Counsel plays in promoting diversity and inclusion within the workplace?

In your response, emphasize the value of representation and your commitment to fostering an inclusive culture. Share examples of initiatives or policies you've supported or conceived that promote diversity, alongside how you lead by example in these efforts.

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SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$235,000/yr - $250,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 4, 2025

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