Overview
This role involves providing strategic legal counsel and regulatory guidance for a health care organization's Exchange Marketplace business. The position requires partnering closely with business and functional leaders to interpret regulatory requirements, assess legal and operational risks, and develop practical, business-oriented solutions. The role demands translating complex legal and regulatory concepts into clear, actionable guidance for executives and operational stakeholders within a highly matrixed environment.
The position is fully remote within the United States.
Responsibilities
Regulatory Counseling and Legal Advice
- Advise business leaders and cross-functional stakeholders on legal and regulatory requirements applicable to the Exchange Marketplace business and other related health insurance products.
- Interpret federal and state laws, regulations, and agency guidance to provide practical, business-focused legal advice.
- Analyze emerging legislative and regulatory developments and communicate resulting legal, operational, and business impacts.
- Develop clear recommendations that support informed business decisions while managing legal and regulatory risk.
Risk Assessment and Issue Management
- Identify, evaluate, and communicate legal, regulatory, operational, and reputational risks associated with proposed business activities and strategic initiatives.
- Assess risks based on severity, likelihood, business impact, and risk tolerance, and recommend mitigation strategies.
- Exercise sound judgment in balancing legal requirements, operational realities, member experience, and business objectives.
- Support resolution of complex legal and regulatory issues through practical and risk-balanced recommendations.
Strategic Business Partnership
- Partner with operations, compliance, network, finance, actuarial, government affairs, risk adjustment, sourcing, and other business functions to support strategic initiatives and ongoing operations.
- Provide timely, solution-oriented legal counsel in support of product implementation, operational changes, regulatory requirements, member initiatives, and business process improvements.
- Influence and collaborate with stakeholders across a matrixed organization without direct reporting authority.
- Translate complex legal issues into clear, concise guidance tailored to executive, operational, and technical audiences.
Regulatory Change Management & Implementation
- Support implementation of new laws, regulations, and regulatory guidance affecting the Exchange Marketplace line of business.
- Collaborate with business stakeholders to identify operational impacts and develop compliant implementation strategies.
- Assist in the development, review, and enhancement of policies, procedures, communications, and business practices to support regulatory compliance.
Additional Legal Support
- Support special projects, regulatory inquiries, audits, examinations, and other legal matters as assigned.
- Contribute to departmental initiatives designed to improve legal service delivery, operational efficiency, and business partnership.
Requirements
- Juris Doctorate (JD) degree from an accredited law school.
- Active bar membership in good standing.
- Minimum of eight (8) years of legal experience supporting managed care organizations, including substantial experience advising Exchange Marketplace business operations.
- Exceptional ability to synthesize complex legal and regulatory requirements into concise recommendations that support executive decision-making.
- Strong judgment, intellectual rigor, and ability to independently manage complex matters in a fast-paced and evolving regulatory environment.
- Proven ability to identify, assess, and communicate legal, regulatory, operational, and reputational risks.
- Ability to work independently, manage competing priorities, and deliver practical, solution-oriented legal advice with limited oversight.
Additional Requirements
- For remote or hybrid roles, access to a reliable high-speed internet connection is required, with a minimum bandwidth of 50 Mbps download and 5 Mbps upload.
- Fully remote associates residing in states where service is required by contract, law, or regulation may be eligible to submit for reimbursement of internet costs.
Compensation & Benefits
- Flexible work solutions including remote options and hybrid work schedules.
- Competitive pay.
- Paid time off including holidays and volunteer events.
- Health insurance coverage for employees and dependents starting Day 1.
- 401(k) retirement plan.
- Tuition reimbursement and additional benefits.
Location
- Remote within the United States.