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Posted April 16, 2024

Senior Legal Counsel

Allied External
Indianapolis, IN Full Time
Reference: AlliedExternalR-008208_1

The Senior Legal Counsel directly supports the Chief Legal Officer and provides counsel to senior and executive management on a variety of legal and compliance matters. This position is instrumental in shaping the company's legal strategies, ensuring compliance with laws and regulations, and protecting the company's interests. The Senior Legal Counsel must be able to provide practical legal advice that advances key business objectives in a fast-paced and evolving regulatory environment.

Job Duties and Responsibilities:

Legal and Regulatory Analysis (50%):

  • Stay abreast of applicable federal and state law affecting the companys products through diligent tracking and research.
  • Evaluate the impact of laws, regulatory guidance, enforcement actions, and other related guidelines on companys products and services.
  • Support the product development and change management process and partner with management to implement strategies that ensure compliance with regulatory requirements.
  • Participate in various industry groups related to the companys insurance and non-insurance products.
  • Research and draft memoranda to senior and executive management on relevant legal and regulatory issues.
  • Serve as the point of contact for questions related to company product compliance from internal and external clients.

Contract Drafting, Negotiation, and Review (25%):

  • Negotiate and draft agreements for complex commercial transactions, including supplier, client, and partner contractual agreements.
  • Develop and enhance contract templates for use by company business units for the provision of products and services to ensure compliance with applicable law and accuracy of operational terms.
  • Examine the terms and conditions of all contracts in detail, analyzing terms to identify any potential risks or concerns and assessing the fairness and enforceability of contractual terms.
  • Scrutinize contractual obligations in dispute and advise on resolution mechanisms that safeguard the companys legal rights and mitigate risks.

Risk Management and Corporate Compliance (25%):

  • Collaborate with key stakeholders to monitor, anticipate, and mitigate potential legal risks affecting the company.
  • Conduct business change risk assessments related to legal and compliance (i.e., new products/services, process changes, strategic initiatives, regulatory changes, etc.).
  • Work cross-functionally to drive remediation efforts for identified risks.
  • Develop and implement of policies and procedures on a range of corporate compliance matters affecting third party financial service providers and perform ongoing monitoring of said compliance initiatives.
  • Recommend improvements and changes to companys compliance policies and procedures.

Qualifications (Education, Experience, Certifications & KSA):

  • Juris Doctorate required.
  • Active law license, admitted to the Indiana State Bar or the State Bar of at least one other US jurisdiction required.
  • 11+ years of directly related work experience required.

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The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.

We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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