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Corporate/Counsel/In House/Shelton, Connecticut

Company Name:
BITSOFT INTERNATIONAL, INC.
Vice President, Corporate Counsel
Duties: Will be responsible for handling a full range of legal matters that arise in connection with the development, offering and maintenance of annuity products offered by the company's annuity business. Will provide counsel and advice to various internal business units as well as to other members of the Law Department. Will draft and negotiate business arrangements in support of the marketing and sale of variable annuity products. Provide legal and regulatory advice to company's annuities as issuer of annuities and in the ongoing administration and management of the annuity business. Provide management and support of the product legal team. Assist in the development and launch of variable and fixed annuities, as well as enhancements to existing products. Draft and file variable and fixed annuity registration statements on Forms N-4, S-3 and S-1, and handle communications with the SEC staff. Coordinate filings with company's annuities Finance, Actuarial and Corporate Treasurer in connection with state and SEC product filings. Review and provide advice on advertising, sales literature, and customer communications related to annuity products.
Negotiate fund participation agreements and revenue sharing agreements. Attend meetings with the business and provide analysis and advice. Coordinate with Compliance Department and Risk Management to provide legal analysis and advice in connection with the development of procedures and appropriate risk mitigation measures, the resolution of potential compliance issues and the conduct of regulatory examinations. Keep law department and other personnel apprised of pertinent legal and regulatory developments impacting the annuity business. Provide legal support on state and federal regulatory examinations or inquiries. Provide legal analysis and support to annuity business in connection with underlying fund changes (i.e., mergers, liquidations, and substitutions). Represent company's annuities in industry committees and groups that evaluate legal issues that impact the annuities business. Perform special projects assigned.

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