Associate In-House Compliance Counsel

TheGuarantors is a cutting edge fintech company setting the standard in rent coverage with unrivaled insurance products, with a deep understanding of owner, operator, and renter needs. We believe renters deserve better access to the home of their dreams and operators deserve greater protection and growth opportunities. That's why we're leveraging our expertise in real estate and using AI-based technology to help operators qualify renters faster while mitigating the risk of rental income loss. With $2B+ in rent and deposits guaranteed, we have been named one of Inc. 5000's fastest-growing companies, one of Forbes' Best Startup Employees, and one of Deloitte's 2022 Technology Fast 500.
This role presents an exciting opportunity for a candidate to delve into the dynamic intersection of law, compliance, and the insurance industry. It also provides the chance to collaborate cross-functionally with the Risk, Underwriting, Customer Success, Marketing, and Corporate Development departments. The role not only entails ensuring legal compliance but also actively contributes to aligning legal strategies with broader business objectives. Additionally, it offers unique exposure to an innovative and evolving industry.
Location
This is a hybrid position based out of New York
Responsibilities

• Monitor, analyze and ensure the Company's compliance with applicable insurance laws and regulations, industry standards and best practices.
• Work cross-functionally with the Risk, Underwriting and Customer Success departments to provide legal guidance in underwriting and claims processes. This includes responding to internal and external questions concerning claims processing, underwriting and application of policy terms.
• Assist in the strategic development and deployment of insurance products.
• Review and respond to regulatory inquiries promptly.
• Develop internal programs and resources, including training materials for various departments regarding compliance, best practices, and risk management.
• Conduct regular reviews of internal policies, procedures and processes to ensure alignment with applicable laws and regulations and industry standards.
• Contribute to designing and executing compliance testing and monitoring programs.
• Prepare and present comprehensive compliance reports to senior management, highlighting concerns, recommendations, and progress on compliance initiatives.
• Coordinate with the Marketing department to ensure all advertising and marketing materials comply with applicable laws, regulations and internal policies.
• Collaborate with internal stakeholders to address and remediate compliance-related issues and findings.
• As required, assist in the negotiation, drafting, and review of contracts (MSA's, PAA's, vendor contracts, etc.) to support time-sensitive sales and operations matters.
• The position will directly report to the head of the Legal Department and collaborate extensively with multiple teams including Risk, Underwriting, Customer Success, Marketing and Corporate Development departments.

Requirements

• 1+ years of experience in a law firm, in-house legal/compliance department (preferred experience from an insurance carrier, MGA, or agent/broker), or government experience at a department of insurance.
• Property and casualty insurance license preferred; CPCU certification desirable.
• Strong understanding of insurance regulations and compliance requirements.
• Proficiency in conducting risk assessments, developing risk management strategies and implementing control frameworks.
• Effective communication skills (written and verbal), capable of presenting findings and recommendations to various audiences.
• Demonstrated commitment to continuous learning and professional development.
• Align with our core values: Ownership, Drive, Openness, and Quality

Benefits

• Opportunities to make an impact within a fast growing company
• Medical, dental, & vision insurance, beginning day one
• Health savings account with employer contribution
• Generous PTO and paid holidays
• Flexible working hours
• 401(k)
• Paid parental leave
• Company sponsored short and long term disability
• Flexible spending accounts (healthcare, dependent care, commuter)
• Competitive salary

Base Salary
The base salary range is between $100,000-$120,000 annually.
Base salary does not include other forms of compensation or benefits. Final offer amounts are determined by multiple factors, including prior experience, expertise, location and current market data and may vary from the range above.
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TheGuarantors is an Equal Opportunity Employer. We celebrate diversity and are committed to an inclusive environment for all.