Product Contracting Associate Senior | Hybrid
Minneapolis, USA
Job description
You will draft new or modified product contract forms and reinsurance treaties, ensuring complete, accurate, and legally sound agreements. You will be proficient in project management of contract form and reinsurance initiatives to lead project success, including building relationships with internal and external parties and assisting in negotiations. You will help with the filing process including filing, obtaining, communicating, and maintaining state department of insurance approval of product contract forms and other similar forms. Establish clear and accurate communication with state regulators and internal partners. You will analyze legislative and regulatory updates. You will lead or provide support for miscellaneous projects. Research state regulations supporting product development projects. You will report to the Product Contracting Manager II.
What you do:
- Contract Drafting & Reinsurance:
- Help with drafting contract forms and reinsurance documents, including new documents or modifications to existing and other drafting process activities.
- Legislative Updates and Other Legal Requests:
- Ensure the compliance of previously filed forms through analysis of legislative updates, identifying the need for new forms or modifications to existing forms.
- Answer requests for information on past filings.
- Filing & Process Management:
- File and obtain state approvals of forms, including filing preparation and internal and external/regulator coordination and communication.
- Guide the team's productivity through proactive process management, including activity tracking and metrics, document retention, business intelligence, and other process-related activities.
- Utilization of artificial intelligence tools and resources (e.g. generative AI)
What you bring:
- 2 or more years of experience required
- Knowledge of insurance products, how they work, and the rules and regulations associated with them.
- JD Required
- You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.
Base Salary Range $67,000 - $112,000
Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.
What we offer:
At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer.
77031 | Legal & Compliance | Professional | Allianz US Life | Full-Time | Permanent
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other characteristics protected under applicable laws and regulations.
Join us. Let's care for tomorrow.