Regulatory Counsel

LORI B. O’BRIEN

** ***** ******, *********, ** **524 **************@*****.*** Phone: 508-***-****

PROFESSIONAL PROFILE

Self-directed, driven, problem solving, adaptable and resourceful legal professional and responsive business partner.

EXPERIENCE

Insurance - P&C (Admitted & surplus Lines) (2012 – Present)

International Financial Group – Hartford, CT (2015-Present)

Regulatory Counsel – Corporate & Compliance

Legal & compliance partner to underwriting, product, claim, finance, business development/marketing, information technology, actuary and enterprise risk management. Working to successfully achieve goals in the admitted and surplus lines segments of a commercial insurer writing: CGL, Inland Marine, Motor Truck Cargo, Garage, Property and Excess lines.

Identify, analyze and advise impacted business partners on salient legal issues and recommend innovative courses of action, including conditional renewals, rescissions, reformation, reinstatements and premium finance requisites.

Accountable for legislative/regulatory updates (state and federal) through legal research and active participation in industry committees, subcommittees and trade associations (APCIA & WSIA).

Liaise and advocate on behalf of business partners with state administrative and regulatory agencies/bodies for matters relating to product development, complaint resolution, investigation and inquiries, etc.

Lead change as Emerging Risks team member identifying, assessing and mitigating risk exposures within the underwriting book of business.

Perform 50 state surveys based on business partner requirements to streamline product offerings and process improvement.

Participate and advise business partners in cross-functional (business development/marketing, actuary, product, underwriting and information technology) team projects for new and expanded product launches, including use of Agile methodologies.

Implementation & project management of periodic mock market conduct examinations, risk assessments and business partner audits to identify possible areas of compliance vulnerability and risk to safeguard adherence to compliance standards and offer opportunities to correct and mitigate risk.

Holding Company Act filing submissions (CGAD, Forms B, C, D and F) and Uniform Corporate Amendment Applications (add/delete lines of authority)

Review and comment on annual and quarterly financial statement disclosure, notes and interrogatories.

Review, draft and negotiate contracts (software, consulting, subscriptions, etc.), proposals, producer agreements, NDAs.

Producer licensing oversight including admitted appointments, as well, as non-admitted requirements.

Sr. Compliance Specialist & Assistant Counsel

Accomplished redomestication of lead group insurer to take advantage of favorable domestic surplus lines law.

Oversaw all entities licensing/renewals, periodic & regulatory filings, as well as, multi-state corporate filings.

Prepared and revised entity charter documents.

Oversight and project management of five-year (quinquennial) financial examination and subsequent remediation measures to ensure compliance with statutory guidelines.

MAPFRE Commerce Insurance, Webster, MA (2012-2015)

Corporate Compliance & Contracts – Office of the General Counsel

Translated new legal/regulatory requirements for corporate, operations and product offerings.

Participated and advised business partners in cross-functional team projects for new and expanded product launches.

Preparation and submission of Holding Company Act filings, Uniform Corporate Amendment Applications (successful multi-state Accident & Health and Inland Marine line of business licensing project).

Coordinated company-wide documentation and responses for multi-state market conduct examinations, as well as oversaw corrective actions/recommendations to ensure implementation of business process improvements.

Managed legal department’s role in multi-jurisdiction domiciliary quinquennial financial examination.

Implemented company-wide compliance monitoring software and database that yielded greater efficiency for compliance initiatives and resulted in 100% business unit participation.

Point of contact with departments of insurance, administrative agencies and statutory regulators.

Corporate governance oversight of board and committee meeting materials, including, Secretary & Incumbency Certificates, actions by consent, resolutions and meeting minutes on a quarterly and annual basis.

Financial Services – Corporate/Compliance & Regulatory (2008-2012)

JP Morgan Chase & Co., Boston, MA (2011-2012)

Assistant Vice President/ Regulatory Administration

Management of corporate governance matters, preparation of mutual fund board and committee meeting materials (agendas, resolutions) and drafting meeting minutes.

Administered compliance monitoring and tested portfolio security positions.

Coordinated and prepared responses to SEC examinations and due diligence inquiries.

Reviewed financial statement filings for accuracy and completeness.

Partnered with Product, Client Service, and Portfolio Compliance & Operations in new series launches, reporting compliance, mergers, liquidations, and facilitation of proxy solicitations.

Oversaw preparation and filing of new fund registration statements (Securities Act of 1933 & Investment Company Act of 1940), annual updates, proxy solicitation materials and press releases for NYSE funds.

Monitored and analyzed regulatory developments affecting mutual funds, serving as a legal resource for external clients and internal business areas, maintained and updated mutual fund documents.

Symmetry Partners, LLC, Glastonbury, CT/Kelly Law Registry, Hartford, CT (2009-2011)

Project Coordinator Compliance, Corporate Governance & Information Technology

Compliance and corporate governance role encompassing business management and policy drafting at Registered Investment Adviser.

Provided guidance to compliance, operations, information technology and trading business areas on regulatory requirements.

Managed disaster recovery and business continuity project resulting in the development of resiliency procedures designed to maintain the integrity of business operations.

Oversight of scope, scheduling, proposal process and cost benefit analysis of operational data to effect management’s implementation of strategic initiatives.

Provided business impact analysis regarding distribution and operational expansion.

Performed legal research and analysis of issues implicated by the Investment Advisers Act of 1940.

In-house – Global Energy Development & Operations

International Power America, Inc., Marlborough, MA (2004-2008)

Counsel – Office of the General Counsel

Developed and managed collaborative partnership with stakeholders in U.S. and abroad.

Oversight of corporate secretariat for U.S. parent, subsidiary and offshore (Puerto Rico) entities.

Legal liaison for U.S. restructure and project financing.

Produced regulatory and administrative filings with federal and state agencies.

Drafted and negotiated the terms and conditions of confidentiality, NDAs, employment agreements and real estate leases.

Coached, managed and mentored the department’s Paralegal and Administrative Staff as well as implemented training initiatives for legal staff members.

EDUCATION

Chartered Property Casualty Underwriter (CPCU) Current Enrollment

Western New England University School of Law, Springfield, MA Juris Doctor 2006

LICENSES

Massachusetts Board of Bar Overseers, License #668512

Connecticut Authorized House Counsel, Juris #901714

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