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Senior Counsel, Life Insurance

  • Toronto, ON, Canada

Salary range: $170,000 - $190,000 · Full-time

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Job details

Pay
Salary range: $170,000 - $190,000
Job type
Full-time
Apply by
Experience
A minimum of 7 to 10 years of relevant working experience, including experience in the life and health insurance industry.
Posting language
English
Posted

Original job description

Job Description

Welcome to ivari


Let us introduce ourselves. With 300+ employees across Canada, ivari is a company that’s making a difference in the world of life insurance. How? By finding and hiring employees who are passionate about helping people protect their families, and by giving them the best, most supportive workplace possible.


ivari is part of Sagicor Financial Corporation, a leading financial services provider with over 185 years of history operating across the Caribbean, US, and Canada. 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. We offer an inclusive and accessible work environment where all employees and customers feel valued, respected, and supported.


Here’s the job opportunity…


This position is an existing vacancy.



As Senior Counsel, you will provide practical, risk-based legal advice across ivari’s life insurance business, with responsibility for a broad range of insurance, regulatory, product, policyholder, distribution and market conduct matters. Working in a small legal department, you will partner closely with business leaders, support strategic and day-to-day initiatives, and help manage legal and regulatory risk across the organization. The role requires sound judgement, a client-focused approach and the ability to manage a broad range of legal matters and changing priorities in a fast-paced financial services environment.




You will report directly to the Head of the Legal Department and be responsible for the leadership, coaching and development of team members. This is a management position requiring strong leadership, mentoring and people development skills.



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 7 to 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, with the ability to communicate complex legal concepts in easily understandable terms to a wide range of audiences.

  • High attention to detail and 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 sense of accountability and ownership of work and outcomes.

  • 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…



At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work.


We also offer health and dental benefits for the entire family from Day 1! But that’s just the beginning. When you join the ivari team you also get…



  • Competitive compensation and annual bonus opportunity 

  • Comprehensive health and dental benefits [for you and your family]

  • 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



Does this sound like you? We’re looking for great people to join our team!


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.



To apply, please email your resume to: human.resources@ivari.ca



A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential. If you do require an accommodation, please email human.resources@ivari.ca.


** ivari does not utilize AI in our recruitment process to screen, select, or assess applicants


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More about this job

Responsibilities

Provide practical, risk-based legal advice across life insurance operations, regulatory and market conduct matters, policyholder issues, distribution, and product development. Lead and develop legal team members, partner with business and compliance stakeholders, and represent the company in industry working groups.

Requirements

Requires an LLB or JD, admission to the Ontario Bar, good standing with the Law Society of Ontario, and 7 to 10 years of relevant experience, including life and health insurance experience. Candidates should have substantial insurance regulatory and market conduct expertise, product and policy contract experience, knowledge of estates law, and demonstrated leadership and communication skills.

Skills

  • Insurance Regulatory Advice
  • Market Conduct
  • Compliance
  • Life And Health Insurance
  • Product Development
  • Policy Contract Drafting
  • Marketing Materials Review
  • Policyholder Matters
  • Insurance Operations
  • Estates Law
  • Legal Research
  • Risk Management
  • Leadership
  • Coaching And Mentoring
  • Communication
  • Stakeholder Collaboration

Benefits

  • Annual Bonus Opportunity
  • Health And Dental Benefits
  • Pension Plan
  • Employee Savings Plan
  • Company Matching Contributions
  • Hybrid Work Arrangement
  • Vacation And Paid Time Off
  • Professional Development
  • Wellness Programs

Visa sponsorship

Not detected in the job text

Categories

  • Legal
  • Management & Leadership
  • Finance & Accounting

Keywords

  • Life Insurance
  • Health Insurance
  • Insurance Regulation
  • Market Conduct
  • Compliance
  • Insurance Operations
  • Policyholder Matters
  • Product Development
  • Policy Contracts
  • Marketing Materials
  • Distribution
  • Estates Law
  • Beneficiary Designations
  • Death Claims
  • Legal Research
  • Risk-Based Advice
  • Legal Risk Management
  • Ontario Bar
  • Law Society Of Ontario
  • Team Leadership
  • Performance Management
  • Coaching
  • Mentoring
  • Stakeholder Relationships
  • Industry Associations
  • Financial Services

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