DIRECTOR CORPORATE COUNSEL - NJ (Newark)
Posted 05/06/08
Closes: posting job + 90 days
Salary: Competitive
Prudential Financial companies serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services. For more information, visit www.prudential.com.
The attorney in this position will be responsible for handling a full range of legal matters that arise in connection with the development, issuance, administration and distribution of traditional, universal and variable individual life insurance offered by Prudential.
Primary Duties and Responsibilities
Providing legal advice and support to the individual life insurance claim unit with respect to claim determination and/or contract interpretation issues and proposed revisions to the claims handling rules and procedures related to individual life insurance coverage issued by Prudential.
Providing legal advice and support to both the individual life new business and post-issue operations areas on various issues related to the underwriting, issuance and post-issue administration of individual life insurance policies.
Managing litigation concerning individual life insurance claims and other issues related to Prudentials individual life insurance products. This would include working with outside counsel as well as our internal clients on all aspects related to this litigation.
Assisting in the development of individual life insurance products, as well as modification to existing products and services.
Drafting contracts, memoranda and other documentation relating to the offering, distribution or administration of individual insurance products.
Required Skills & Experience
The candidate must have a minimum of 2-5 years of corporate, law firm, in-house and/or regulatory legal experience involving state insurance, SEC, FINRA and other laws and regulations applicable to all types of individual life insurance. Experience involving group life and/or disability insurance, group health insurance, individual health insurance will be considered.
Competencies Essential to Success:
Conceptual thinking
Courage
Ability to become a leader
Strong initiative
A true drive for results
Excellent research and creative problem-solving skills
Excellent partnering skills
Strong interpersonal, written and oral communication skills
Excellent judgment and the ability to make clear, rational and timely decisions in the best interests of Prudential consistent with available facts and applicable laws and regulations
A strong work ethic combined with the ability to consistently maintain high service, quality, efficiency and ethical standards
The ability to thrive in an environment where coordination and teamwork is a priority, and the ability to interact well with senior business executives
Flexibility and a willingness to adapt to changing needs of the organization and/or business clients.
Prudential is an Equal Opportunity/Affirmative Action Employer and is committed to diversity in its workforce.
Contact Information
Mail: Newark,NJ
07101
Response Instructions
DO NOT use the Apply Online button. Please copy and paste the following link into your browser address bar: http://prudential.contacthr.com/10790849
See webpage: http://prudential.contacthr.com/10790849
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