Counsel - Insurance & Consumer Financial Services Law (Hybrid)
About the Role
The Securian Financial Law Department seeks an experienced attorney to join its Affinity Solutions legal team, comprised of lawyers, paralegals, and compliance professionals. You will support the legal needs of Securian Financial and its Affinity Solutions division, which provides insurance and consumer financial services solutions through banks, credit unions, finance companies, association groups, and other distribution partners. The successful candidate will bring established legal experience, sound judgment, creativity, and a pragmatic approach that balances business objectives with effective risk management.
Responsibilities
- Serve as a strategic legal advisor to Affinity Solutions on insurance, regulatory, product, distribution, and related business matters.
- Provide legal support for direct-response insurance programs, including product design and development, policy and form review, distribution, sales and advertising materials, and ongoing regulatory compliance.
- Advise on property and casualty insurance matters and help develop the team’s capabilities in emerging surplus-lines products and distribution models.
- Serve as a resource and liaison for market conduct matters affecting Affinity Solutions, including state regulatory inquiries, examinations, and coordination with compliance and regulatory partners.
- Monitor and analyze legislative, regulatory, and industry developments and translate complex legal requirements into practical, easy-to-understand guidance for management, business partners, and external clients.
- Support debt protection, credit insurance, bank partnership, and digital lending matters, including applicable federal and state consumer financial protection laws and regulations.
- Draft and negotiate business-related agreements and participate in strategic projects, new product initiatives, trade association activities, and other matters supporting Affinity Solutions.
Requirements
- J.D. from an accredited law school and licensed and in good standing to practice law in Minnesota, or eligible to become licensed in Minnesota within a reasonable period.
- 5+ years of legal experience in a law firm, government, or in-house setting, with meaningful experience in insurance law, consumer financial services law, financial institution regulation, or a related field.
- Demonstrated ability to perform core legal skills, including legal research, analysis, drafting, negotiation, advocacy, and counseling on complex regulatory matters.
- Practical, business-oriented judgment and a strong ability to balance business objectives, customer needs, and legal and regulatory risk within Securian’s risk appetite.
- Strong critical thinking and communication skills, including the ability to translate technical legal concepts for management, regulators, clients, and internal business partners.
- Versatility, professionalism, and the ability to collaborate effectively, work independently, prioritize competing demands, and deliver high-quality work in a fast-paced environment.
Schedule
This position will have a hybrid working arrangement, working in-office for a minimum of 3 days a week. Associates within a commutable distance (90 minutes) will join in the office 3 days each week to collaborate and build relationships.
Pay
The estimated base pay range for this job is $130,000.00 - $210,000.00. Pay may vary depending on job-related factors such as individual experience, skills, and knowledge.
Benefits
- Paid Time Off: Flexible PTO program with additional PTO awarded based on length of service.
- Leave Programs: Parental leave, caregiver leave, bereavement leave, and military leave.
- Holidays: Nine company-paid holidays.
- Retirement Plans: Company-funded pension plan and a 401(k) retirement plan with company contributions tied to performance (target of 5%, up to 10% of eligible earnings).
- Health Insurance: Medical, dental, and vision coverage for associates and eligible family members from the first day of employment.
- Volunteer Time: Paid volunteer time off, dollar-for-dollar matching gift program, and company-sponsored volunteer events.
- Associate Resource Groups: Networking and support groups focused on various interests and affinities, including environmental health, mental wellness, LGBTQ+, young professionals, multicultural, women and allies, and servicemembers.