Senior Counsel, Insurance

7 days ago


Toronto, Ontario, Canada The Canada Life Assurance Company Full time $120,000 - $180,000 per year

Permanent Full Time 

-

Senior Counsel, Insurance

Description: 

Permanent Full Time 

We are looking for a Senior Legal Counsel, Insurance

Reporting to the Assistant Vice President & Senior Counsel, Insurance Solutions, you will be a key member of the legal team providing support to our Canadian business by providing practical and timely legal advice on tactical and strategic issues, with a focus on individual insurance products.  Your work will be wide-ranging and include providing advice and support with respect to insurance product development, contracts, participating policy governance and policy and regulatory matters. In this role, you will have the opportunity to develop expertise in dynamic practice areas and work closely with business and functional partners in connection with our insurance business. 

This is an exciting opportunity to work with a highly accomplished team of legal professionals supporting one of Canada's leading financial services companies.

Accountabilities:

  • Work collaboratively with business and functional partners to provide practical, risk-based legal advice on a wide range of matters
  • Provide advice and support with respect to existing individual life insurance products and new product development, including contract drafting and interpretation, insurance policy administration, and general internal legal support for term, universal life, permanent insurance products, and reinsurance
  • Maintain knowledge of regulatory requirements related to individual insurance products and insurance distribution and advise on regulatory requirements and developments

Qualifications and Competencies:

  • Law Degree, Member in good standing of a provincial Bar
  • 7+ years of relevant legal work experience (law firm or in-house)
  • Knowledge and experience with life and health insurance products and their distribution is required
  • Knowledge of participating policy governance a strong asset
  • Self-motivated with the ability to work well independently and as part of cross-functional team
  • Strong communication skills with a practical solution-oriented approach
  • Demonstrated superior skill in legal drafting, including agreements and contracts
  • Ability to proactively bring projects to completion
  • Highly focused with attention to detail
  • Proven analytical and problem-solving skills with experience simplifying and resolving complex problems
  • Superior organizational and time management skills with experience handling multiple projects at once
  • Willingness to learn new areas of law and work in a dynamic and evolving business environment

Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, Winnipeg or London.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You're part of a diverse and inclusive workplace where your career and well-being are championed. You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you'll deliver on our shared purpose to improve the well-being of Canadians. It's our driving force. Become part of a strong and successful company that's trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we're one of Canada's leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

#LI-Hybrid



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