Assistant General Counsel - Millennial Specialty Insurance
When, Millennial Specialty Insurance (MSI) partnered with Baldwin Risk Partners in 2019, we were a single-product tech-enabled renters insurance...
When, Millennial Specialty Insurance (MSI) partnered with Baldwin Risk Partners in 2019, we were a single-product tech-enabled renters insurance platform with only 18 colleagues. Today, MSI has grown to over 900 colleagues with more than 10 insurance products thru a combination of rapid organic growth and strategic, tech-enabled partnerships. Our goal is to produce proprietary products to our customers that are fast, easy to use, and customizable with a deep focus on the customer experience. We believe that through our scalable, tech-enabled, proprietary platform and products, we will fundamentally change the insurance industry. Internally, we are dedicated to a culture that has innovation at its core and providing a world class colleague experience. Since 2021, we have tripled our colleague headcount to support the growth of the business. MSI is looking for top talent to join our journey as we continue to grow. Come join us at Millennial Specialty Insurance, the MGA of the Future!
Position Summary:
Millennial Specialty Insurance, LLC (MSI) is seeking a legal counselor with at least 7 years of insurance-related, in-house corporate experience. This individual will work closely with others on our legal, compliance and business leadership teams on a broad range of transactions and legal initiatives, including general contractual, regulatory, and compliance matters.
Principal Responsibilities:
- Provide general contractual, regulatory, and compliance support for homeowners, renters, flood, and other business lines of insurance for both admitted and non-admitted products.
- Draft and negotiate agreements (e.g., confidentiality agreements, program administrator agreements, producer agreements, client and vendor agreements, etc.).
- Use independent judgment and discretion in drafting, reviewing, interpreting, and negotiating a variety of contracts and other legal documents related to our core business.
- Provide legal support in connection with the development and distribution of admitted and non-admitted products.
- Provide legal and regulatory advice to support business strategic initiatives.
- Advise leadership and management as to laws and regulations applicable to the various business operations. Stay current on changes to applicable laws and regulations to help ensure that business operations comply with such changes.
- Advise business teams regarding compliance with company policies, standards, and procedures.
- Assist in the response to inquiries from state insurance regulators and consumer complaints.
- Assist generally with legal operations, regulatory, compliance and corporate governance matters.
Education, Experience, Skills and Abilities 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.
- Must be able 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 and demonstrated attention to detail that reflects well on the firm.
- Demonstrates the organizations core values, exuding behavior that is aligned with the firms 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.
Special Working Conditions:
None.
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. All requirements may be subject to reasonable accommodations to applicants and colleagues who need them for medical or religious reasons.
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