Manager, State Filings Job at Corebridge Financial
Manager, State Filings (Institutional Markets)
Who we are
Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.
Get to know the business
Life and Retirement is a unique franchise that brings together a broad portfolio of life insurance, retirement and institutional products offered through an extensive, multichannel distribution network. It holds longstanding, leading market positions in many of the markets it serves in the U.S.
Corebridge Financial Global Legal, Compliance, Regulatory and Government Affairs department is comprised of attorneys and other professionals providing high quality advisory and transactional support with integrity and objectivity across all parts of the organization. The team ensures an operating environment that minimizes legal, regulatory and reputational risks and complies with all laws and regulations and Corebridge Financial policies & procedures. This is a global, diverse and award-winning team that has been recognized for its leadership and innovative solutions. You will also be able to participate in Corebridge Financial award-winning pro bono program.
About the role
In this challenging and dynamic role, you will have the opportunity to demonstrate your expertise by being responsible for policy form filings in relevant states pertaining to the Institutional Markets businesses. This position will report to the Director, Legal Services, responsible for a host of matters related to the Institutional Markets business of Corebridge Life and Retirement.
- This position has a broad scope of work in the policy form filing arena. The role is primarily dedicated to: (i) providing policy form preparation and filing and insurance regulatory support for group annuities and certificates related to Corebridge Life and Retirement’s Institutional Markets pension risk transfer (“PRT”) business in the U.S.; and (ii) supporting policy form filings and new product initiatives developed by the Institutional Markets business team for structured settlement annuities, funding agreements, stable value wrap synthetic guaranteed investment contracts and corporate owned/bank owned group life insurance.
- The position will exercise knowledge of products and filing requirements to prepare filing strategies and estimates, perform research related to such products and filings in order to ensure applicable requirements are being met, forms are drafted in a compliant manner, and all supporting documentation is identified and completed appropriately.
- This role will have meetings and conference calls with internal and/or external parties such as state Department of Insurance representatives or consultants.
- Areas of responsibility for this role will include facilitating and participating in regular meetings with Institutional Markets teams to report on projects and discuss project related topics, and perform regular reviews of current and future projects to ensure prioritization aligns with the business need and make adjustments as necessary.
- The position will ensure work items are routed to the appropriate parties in a timely manner and that deadlines are set and met according to the mandates either given by the state or necessitated by the filing timeline based on business need.
- Develop and maintain reference materials related to filing requirements, experience, approvals, and other topics as needed to support the business.
Performance Objectives
- Policy form filing experience related to fixed and variable annuities and life insurance; preferred experience in group annuities, pension risk transfer products, structured settlement annuities, synthetic GICs and funding agreements, but specific experience not necessary in these lines of business.
- Experience with SERFF / I-File
- Familiarity with Interstate Insurance Product Regulation Commission (IIPRC)
- Working knowledge of general policy form filing requirements and instructions related to applicable product lines including state statutes, regulations, bulletins, etc.
- Communication with regulatory authorities, as necessary.
- Participate in functional projects as well as cross-functional projects within Corebridge Life and Retirement.
- Travel will be necessary from time to time.
What you need to know
- 5+ Experience in the life and annuity industry or at a major law firm supporting life and annuity work and preferably insurance company clients. (Preferred)
- Experience with policy form filing of annuities and life policies and submissions in SERFF including drafting, editing and filing.
- Detail-oriented and analytical mind set is a must.
- Ability to be flexible and manage multiple assignments and deadlines
- Demonstrated ability to work in a fast-paced environment and to find creative solutions on diverse matters requiring complex analysis.
- Excellent written and oral communications skills.
- Strong organizational, time management and project management skills.
- Must be capable of working independently and/or as part of a team.
- Knowledgeable about regulatory and risk management functions.
- Strong reasoning ability and capacity to understand inner workings of other departments
- Good judgment
- Must know Microsoft suite of products and be proficient in Outlook, Word, Excel.
- Must know SharePoint and Adobe Pro.
- Bachelor’s degree required.
What our employees like most about working for Corebridge Financial Life & Retirement
- We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
- Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are our most important asset therefore we provide a generous benefits plan and competitive pay.
Benefit package includes
- Paid Time Off Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24!
- 9 paid holidays per calendar year.
- A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of if you enroll or not.
- For positions based in California, the base salary range is $57,500- $80,500 and the position is eligible for a bonus [OR commission] in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:
Benefits Overview
We are an Equal Opportunity Employer
Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to
We consider qualified applicants with criminal histories, consistent with applicable law.
candidatecare@aig.com
. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
CP - Compliance
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
American General Life Insurance Company
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