Counsel - Annuity and Life Insurance Operations

If you're passionate about being part of a diverse organization that enables a Fortune 100 company to deliver innovative business solutions with excellence, then Nationwide's Legal team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This position is responsible for providing legal support for the Annuity and Life operations area related to the administration of commission and non-commission annuity products including, variable annuities, fixed indexed annuities, fixed annuities, deferred income annuities, immediate annuities, contingent deferred annuities, market value adjustment features, structured settlements, and Medicaid annuities.

This position is an individual contributor role with duties focused on:

• Day-to-day legal support of Annuity and Life Operations and Call Center business clients specific to state insurance and federal tax requirements governing annuity and life insurance products.
• Providing risk assessments related to operational matters by assessing legal risk, identifying legal requirements and providing options and recommendations to business clients.
• Advising business clients on market conduct exam matters, complaints, pre-litigation matters, demands, Department of Insurance inquiries including drafting and negotiating settlement agreements.
• Reviewing customer correspondence including forms and letters by applying state law requirements and annuity product knowledge to content.
• Providing legal opinions on annuity and life insurance product and transaction legal requirements related to the function of annuity product features and risks associated with the interplay of various non-insurance topics such as trusts, divorce revocation, Medicaid, conservatorship, adverse claims, fraud, POAs, minor beneficiaries, small estates, tax reporting and sales practice requirements including suitability requirements.

This can be a hybrid or fully remote opportunity depending on location

(Internal use only: H2 pay band)

#LI-CP1

#LI-Remote

Job Description Summary

Would you thrive in an environment where you can deliver top-quality legal services to support business objectives of a Fortune 100 insurance and financial services company? If you possess the strong legal and analytical skills needed to provide counsel and advocacy to our team, as well as to company leaders and associates, we want to know more about you!

We provide legal expertise that reflects our commitment to innovative thinking, effective collaboration and a proactive approach to our work. As Counsel, you'll provide legal services to one or more assigned areas, working primarily with Office of the Chief Legal Officer (OCLO) leaders and business partners. We'll count on …