Senior Counsel, Life Insurance

Senior Counsel, Life Insurance

Full-Time 170000 - 190000 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Provide legal advice and support for life insurance operations and product development.
  • Company: Join ivari, a leading life insurance company with a diverse and inclusive culture.
  • Benefits: Competitive salary, health benefits, hybrid work, and professional development opportunities.
  • Other info: Collaborative environment with excellent career growth and wellness programs.
  • Why this job: Make a real impact in the life insurance industry while enjoying work/life balance.
  • Qualifications: 10+ years of experience in life insurance law and strong leadership skills.

The predicted salary is between 170000 - 190000 $ per year.

Welcome to ivari. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. We offer a wide range of products and services, including life and health insurance, annuities, pension administration and investment services. At ivari, everyone is welcome! It is our mission to attract, develop, and retain a workforce that is as diverse as the customers we serve and the communities in which we do business.

This position is an existing vacancy. As a Senior Counsel at ivari, you will be working in a small, collegial legal department of a fast-paced financial services company, providing legal advice to internal customers in a timely and professional manner, with an opportunity to engage in both strategic and day-to-day business and compliance issues. This is an excellent opportunity for an experienced life insurance lawyer with at least 10 years’ experience who is motivated to provide excellent service, is dedicated to continuous learning and enjoys applying knowledge and expertise to financial services in a culture that offers work/life balance.

You will report directly to the Associate General Counsel and be responsible for the leadership, coaching and development of team members. You will:

  • Build strong relationships with business partners and provide practical, risk-based legal advice that supports business objectives.
  • Lead legal support for policyholder matters and insurance operations.
  • Lead legal support for product development initiatives, including the drafting, interpretation and revision of policy contracts and providing legal support throughout the product lifecycle.
  • Lead legal review of marketing materials.
  • Lead legal support for distribution matters.
  • Work closely with the Compliance department on supporting and advising on market conduct matters and regulatory developments.
  • Perform thorough legal research to support informed decision-making.
  • Stay informed about industry trends and legal developments.
  • Provide leadership, coaching and performance management for team members.
  • Provide legal support for special projects as they arise.
  • Represent ivari at industry association committees and working groups.

What We Are Looking For:

  • An LLB or JD degree.
  • Called to the Bar in Ontario.
  • Membership in good standing with the Law Society of Ontario.
  • A minimum of 10 years of relevant working experience, including experience in the life and health insurance industry.
  • Significant experience advising on insurance regulatory, market conduct and compliance matters.
  • Experience supporting product development, including drafting policy contracts and reviewing marketing materials.
  • Experience handling policyholder, insurance operations and other insurance-related legal matters.
  • Knowledge of estates law and its application to life insurance products, beneficiary designations and death claims.
  • Business-minded, with the ability to provide practical solutions that support business objectives while appropriately managing legal risk.
  • Demonstrated leadership experience, including supervising, mentoring, coaching and developing team members.
  • Excellent verbal and written communication skills.
  • Proven organizational skills with the ability to effectively manage multiple and changing priorities.
  • Self-motivated and able to provide timely, practical legal advice to stakeholders at all levels in a professional and client-focused manner.
  • Strong analytical skills to assess complex legal issues.
  • Proven ability to work collaboratively in a team environment and build strong working relationships.
  • Bilingual reading and drafting skills are an asset.

What we pay:

Salary range: $170,000 - $190,000

What's In It For You:

  • Competitive base salaries plus a bonus.
  • Health and dental benefits for the entire family from Day 1.
  • Competitive compensation and annual bonus opportunity.
  • Comprehensive health and dental benefits.
  • Pension and employee savings plans with company matching contributions.
  • Hybrid work arrangement with dedicated in-office collaboration days.
  • Competitive vacation and paid time-off programs.
  • Professional development and continuous learning opportunities.
  • Collaborative culture where individual contributions have visible impact.
  • Wellness programs supporting physical and mental health.

Who You Are:

Someone who enjoys a culture where everyone is genuinely respectful, and you can be your authentic self every day. Your contributions and opinions are not only sought but valued. You know the importance of, and live by, our core values of:

  • Bringing clarity and focus to your work.
  • Taking ownership and doing what you say you will.
  • Remaining flexible.
  • Collaborating with others.

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current employees, without discrimination.

Senior Counsel, Life Insurance employer: ivari Canada

At ivari, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As the Vice President of Corporate Actuarial, you will not only lead a talented team but also have access to extensive professional development opportunities and executive visibility, making a significant impact on our strategic direction. Located in a vibrant community, ivari offers competitive benefits and a commitment to employee growth, ensuring that your contributions are recognized and valued.

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Contact Details:

ivari Canada Recruitment Team

We think you need these skills to ace Senior Counsel, Life Insurance

Communication Skills
Problem-Solving Skills
Flexibility
Adaptability
Time Management
Organizational Skills
Teamwork