Vice President, Senior Counsel

Protective Life Insurance Company
vision insurance, parental leave, paid time off, 401(k)
United States, Alabama, Birmingham
2801 U.S. 280 (Show on map)
Oct 29, 2025
The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life's uncertainties. Regardless of where you work within the company, you'll be helping provide protection and peace of mind when our customers need it most. Protective Life Corporation is seeking a highly motivated and experienced attorney to join our Legal team in support of the Corporate Investments Department. This role will provide legal counsel on a broad range of investment-related matters, including private equity, fixed income, derivatives, and alternative investments. The candidate must have at least seven years of legal experience with a strong background in investment transactions, securities law, and regulatory compliance, with the ability to work collaboratively across legal, investment, and compliance teams. Key Responsibilities Investments/Transactional Support: Provide legal advice and support for investment transactions, including negotiation and review of investment agreements, subscription documents, side letters, and related contracts related to debt and equity instruments, including structured products, repos, securities lending, rated feed noted funds, collateralized loan obligations, investment management agreements and other capital market instruments. Derivatives Support: Provide expert legal advice related to over-the-counter and centrally-cleared derivative transactions, including the negotiation and drafting of various agreements (including but not limited to ISDA Master Agreements, Credit Support Annexes, Futures Commission Merchant (FCM) Agreements, Master Repurchase Agreements, and Master Confirm Agreements) and have experience advising institutional investors. Due Diligence: Assist in legal due diligence for prospective investments, including review of fund structures, offering materials, and governance documents. Regulatory Compliance: Advise on applicable federal and state securities laws, insurance regulations, and other legal requirements affecting investment activities of Protective Life Corporation and its regulated insurance and operating subsidiaries. Governance & Risk Management: Support internal governance processes related to investment approvals and risk oversight. Ensure documentation and processes align with internal policies and regulatory expectations. Cross-Functional Collaboration: Work closely with internal and external investment professionals, compliance officers, tax advisors, and external counsel to facilitate investment execution and ongoing portfolio management. Legal Research & Analysis: Monitor legal and regulatory developments affecting the investment portfolio and provide timely guidance to stakeholders. Job Qualifications Juris Doctor from an accredited law school; admission to at least one U.S. state bar. Minimum of 7 years of legal experience, with a focus on investment transactions, securities law, and financial services preferred. Experience in a law firm or in-house legal department supporting institutional investors or asset managers. Experience related to derivatives instruments and related transactional support, including over-the-counter and centrally-cleared derivative transactions, and negotiation and drafting of master agreements (ISDA Master Agreement, Credit Support Annex, Master Repurchase Agreement, etc.). Strong understanding of investment structures (e.g., limited partnerships, hedge funds, private equity), derivatives markets, collateral management, margin requirements, netting arrangements, and regulatory frameworks. Excellent drafting, negotiation, collaboration and communication skills. Ability to manage multiple projects and prioritize effectively in a fast-paced environment. High ethical standards and sound judgment. Experience advising insurance companies or other regulated financial institution investments, and familiarity with NAIC guidelines is preferred. Knowledge of relevant regulatory frameworks, including SEC rules and regulations, ERISA, Dodd-Frank, etc. Protective's targeted base compensation for this position is $175,000 to $225,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective's total compensation package for employees. This position also offers additional incentive opportunities through an annual incentive plan based on individual and Company performance. Employee Benefits: We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits ( e.g. , paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective's platform to improve wellbeing while earning cash rewards. Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans. Accommodations for Applicants with a Disability : If you require an accommodation to complete the application and recruitment process due to a disability, please email eric.hess@protective.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process. Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process. We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.