VP, Associate General Counsel

Company Description:

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn.

Who We Are:

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For:

The Associate General Counsel will be responsible for providing legal counsel on a broad spectrum of corporate and insurance matters to the Aspida business. The ideal candidate should have a strong foundation in corporate law, combined with expertise in insurance regulations, contracts, and risk management. This role reports to the Chief Legal Officer and is required to be on-site 3 days a week at our headquarters in Durham, NC.

What You Will Do:

• Provide legal and business counsel to senior management, board of directors and other key leaders of Aspida and Ares Insurance Solutions.
• Provide legal guidance on general corporate matters, including contract negotiation, corporate governance, and compliance.
• Draft, review, and negotiate a wide range of documentation related to the annuities business including operations and distribution.
• Stay abreast of insurance laws, regulations, and industry standards.
• Ensure corporate activities comply with applicable insurance regulations.
• Assess legal and regulatory risks associated with corporate and insurance activities. 
• Provide training to internal teams on legal aspects of corporate and insurance operations. 
• Coordinate and manage outside counsel, as needed.
• Effectively collaborate with other corporate functions as necessary (i.e., risk, finance, investments, actuarial, tax, etc.).
• Provide support for other major projects as and when they arise (e.g., capital raising, finance, real estate, etc.).
• Manage other attorneys as assigned.

Preferred Requirements:

• Experience working at a private equity firm or other financial participant in the life and annuity insurance market.
• Experience with life and annuity products (particularly fixed and indexed annuities).
• Experience with securities and investment advisory laws.
• Experience with broker-deal regulations a plus.
• Experience with derivatives transactions a plus.

What We Provide:

• Salaried, DOE
• Relocation available
• Full-Time
• Full Benefits Package Available

What We Believe:

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

What We Require:

• Bar admission in good standing in at least one state with the ability to be admitted in North Carolina.
• 7+ years of experience, including time spent in an in-house role.
• Experience with state insurance regulatory framework for insurance companies.
• Experience practicing law in the insurance industry, including annuities and distribution law. 
• Clear and concise verbal and written communication skills.
• Self-motivated with strong interpersonal skills.
• Problem solver who is curious, skeptical, analytical, creative and detail-oriented.
• Ability to manage multiple projects in a fast-paced environment.