Deputy Chief Legal Officer, Kuvare Strategic Investments

5 days ago


Cedar Rapids, United States Kuvare Full time

About KuvareKuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement and is built from the ground up to do so. Our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.Kuvare family of companies:Retail Annuity and Life Insurance Solutions:- United Life Insurance Company- Guaranty Income Life Insurance Company- Lincoln Benefit LifeInstitutional Insurance:- Kuvare Life ReBespoke Insurance Solutions:- Ignite PartnersAbout the role:The Deputy Chief Legal Officer will join Kuvare’s investments unit – known as Kuvare Strategic Investments (KSI) –  which is tasked with managing Kuvare’s $40+ billion investment portfolio, including supervision and monitoring of external advisers. The successful candidate will be primarily responsible for supporting the KSI business team in connection with the origination and management of private debt and equity transactions, including reviewing and negotiating transaction documents, assisting in deal structuring, and advising with respect to amendments, waivers and consents.  In addition, the Deputy Chief Legal Officer will (a) support all KSI compliance activities, including developing and implementing policies and procedures, (b) assist with corporate governance activities, including preparing committee charters, and drafting resolutions and consents; and (c) advise on special projects, including capital raises, reinsurance and M&A activity.  This is a dynamic, high-profile position for a self-starting lawyer willing to take on new and challenging projects. What you'll do:Supporting the KSI business team to structure, negotiate and close private credit and equity transactions across a variety of asset classes, including corporate private placements, structured finance, and private equity and venture capital, with a focus on optimizing capital efficiency;Helping to lead KSI’s investments compliance function, including the design and implementation of all investment compliance policies and procedures as well as the KSI Code of Ethics, conducting periodic team trainings and overseeing the quarterly compliance certification process, monitoring KYC/sanctions screening processes, and serving as member of the investment compliance committee;Maintaining KSI’s governance framework, including the continuing refinement and oversight of KSI’s committee structure, preparing charters, organizing and leading committee meetings, and overseeing the maintenance of minutes and meeting materials;Participating in the management of all legal and compliance aspects of Kuvare’s external investment advisor relationships, including negotiating investment management agreements, vetting new product offerings, overseeing guideline compliance/breach resolutions, and considering and resolving conflicts and consent requests;Reviewing and negotiating derivatives contracts for Kuvare’s domestic and Bermudan insurance entities;Collaborating with KSI’s operations team and Kuvare’s treasury department to facilitate trade management and settlement activities, and overseeing all secondary trades of private assets;Working with paralegal and junior legal staff to draft, review and negotiate vendor agreements, corporate leases, non-disclosure agreements, non-reliance letters, and other non-investment agreements;Supporting the Kuvare enterprise in connection with special projects, including M&A and capital raising activities, enterprise liquidity programs and facilities, reinsurance and sidecar transactions, and regulatory examinations;Remaining abreast of all pertinent legal and regulatory developments impacting Kuvare’s investment operations, including NAIC/SVO updates, changes in insurance law and new court decisions; andProviding advice on investment advisory, insurance company regulatory, and other legal matters, and strategic guidance to KSI and Kuvare leadership regarding all investment related matters, as needed.Qualifications:Juris Doctorate from an accredited law schoolAdmitted to practice before a state bar7+ years of relevant experience with a law firm or in-house at a financial institution, including subject matter expertise in one or more of the following areas: private placements and loan transactions; structured finance (including private ABS); private equity and other investment funds, rated note structures, commercial real estate loans, residential credit (including residential whole loans and single-family rental), and/or derivatives transactions.  The ideal candidate will also have a deep knowledge of/familiarity with investment advisory and/or insurance company investment regulationsDemonstrated leadership abilitiesAbility to effectively and efficiently manage outside counsel and internal budgetsSuperior verbal and written communication and presentation skills, and a strong executive presenceProven business acumen and executive presenceExcellent organizational skills, and ability to complete projects and other assignments efficiently and timelyStrong customer service orientationAbility and desire to work in an environment that emphasizes information sharing, collaboration, teamwork, mutual respect and integrityPI584d64d2dee2-30511-39145607



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