Insurance Regulatory Counsel

Overview

This full-time attorney position within the Legal and Compliance Team focuses on providing legal and business advice related to property and casualty insurance operations and regulatory issues, particularly in auto insurance. The role ensures ongoing compliance with insurance laws and regulations across all jurisdictions where the organization operates. It involves supporting various internal teams by conducting legal research, facilitating discussions, and offering business-oriented solutions and risk mitigation guidance.

Responsibilities

• Maintain a deep understanding of the insurance industry, including applicable state and federal laws and regulations related to property and casualty insurance
• Conduct legal research on laws and regulations concerning auto insurance, property and casualty insurance, privacy, data security, and other relevant issues
• Monitor and stay current with industry trends and regulatory developments
• Draft, review, update, and manage insurance policies and related documents across all business states
• Provide legal advice and counsel to leadership and internal stakeholders on property and casualty insurance matters
• Represent the organization in meetings and hearings with external stakeholders
• Manage multiple projects simultaneously and prioritize tasks effectively
• Assess and manage risk by understanding the business and relevant legal issues, reconciling past precedent with current and future needs
• Develop a thorough understanding of business processes to ensure ongoing compliance with all relevant laws and regulations
• Maintain strong relationships with regulatory bodies
• Collaborate with other departments to understand their needs while ensuring regulatory compliance

Requirements

• Juris Doctor from an accredited law school and bar license in good standing; licensed or willing to become licensed in Tennessee
• 3-5 years of relevant legal and insurance experience
• Experience in property and casualty insurance regulatory compliance
• Experience in an in-house insurance department or department of insurance is highly valued
• Experience handling regulatory filings and audits, market conduct reviews, industry data inquiries, claims, and underwriting policies and best practices
• Experience drafting and managing insurance policy contracts and forms is highly valued
• Strong understanding of regulatory requirements and compliance standards in the insurance industry
• Strong judgment, confidence, collaborative problem-solving skills, and ability to identify potential issues quickly
• Ability to independently handle a variety of legal assignments under supervision
• Excellent oral and written communication skills
• Excellent customer service and interpersonal skills
• Advanced critical thinking and problem-solving abilities
• Ability to set priorities and multitask in a fast-paced environment
• Working knowledge of MS Office Suite
• Experience with Agile project management practices
• Ability to travel if required

Physical Demands

• Regularly required to perform manual tasks involving use of hands and fingers
• Frequent sitting, bending, reaching with hands and arms; occasional standing and walking
• Occasionally lift and/or move up to 10 pounds
• Specific vision abilities required include close vision, color vision, and ability to adjust focus
• Must possess capacity to learn, concentrate, think, and read
• Frequent communication and interaction with others while working

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Additional Information

This role may require performing other job-related duties as assigned. The organization is an equal opportunity employer and complies with federal employment laws.