Insurance Counsel

4 weeks ago


Little Ferry, New Jersey, United States Millennial Specialty Insurance LLC Full time

Millennial Specialty Insurance LLC: A Leader in Insurance Innovation

At Millennial Specialty Insurance LLC, we are dedicated to revolutionizing the insurance industry through our cutting-edge, tech-enabled platform. As a leading provider of insurance products, we are seeking a highly skilled and experienced legal professional to join our team.

Job Summary:

We are looking for a seasoned Insurance Counsel with at least 7 years of experience in insurance-related, in-house corporate law. The ideal candidate will have a strong background in general contractual, regulatory, and compliance matters, with the ability to provide expert advice and support to our business leadership teams.

Key Responsibilities:

  • Provide general contractual, regulatory, and compliance support for our insurance products, including homeowners, renters, flood, and other business lines.
  • Draft and negotiate agreements, including confidentiality agreements, program administrator agreements, producer agreements, client and vendor agreements, etc.
  • Use independent judgment and discretion in drafting, reviewing, interpreting, and negotiating contracts and other legal documents related to our core business.
  • Provide legal support in connection with the development and distribution of our insurance products.
  • Provide legal and regulatory advice to support business strategic initiatives.
  • Advise leadership and management on laws and regulations applicable to our business operations, staying current on changes to ensure compliance.
  • Advise business teams on compliance with company policies, standards, and procedures.
  • Assist in responding to inquiries from state insurance regulators and consumer complaints.
  • Assist with legal operations, regulatory, compliance, and corporate governance matters.

Requirements:

  • Juris Doctorate degree and licensed to practice law.
  • 7+ years of experience at a leading national law firm and/or public company in-house department with insurance-related experience.
  • Excellent communication skills (verbal and written) with the ability to develop shared objectives while influencing and persuading a broad range of individuals.
  • Ability to make sound judgment calls to give leadership and the partnership team leverage to ensure the best path to success.
  • Exceptional problem-solving, organizational, and analytical skills, with demonstrated attention to detail.
  • Demonstrates the organization's core values, exuding behavior that is aligned with our culture.
  • Ability to work independently with minimal oversight/escalation, and to transition to team dynamics seamlessly.
  • RESPA experience (Real Estate Settlement Procedures Act) a plus.
  • Up to 10% travel may be required.

Important Notice:

This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization.

About Our Culture:

At Millennial Specialty Insurance LLC, we are dedicated to a culture that has innovation at its core and providing a world-class colleague experience. We believe that through our scalable, tech-enabled, proprietary platform and products, we will fundamentally change the insurance industry.



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