Regulatory Counsel

Key Responsibilities

• Provide legal and regulatory support to Beazley, which includes:
  • Research, analyze and communicate orally and in writing regulatory requirements relevant to forms and rates
  • Help draft endorsements to conform policy wording to regulatory requirements
  • Review and revise applications, declarations pages and policy forms to ensure regulatory compliance
  • Analyze, research and draft responses to state questions or criticisms
  • Interact with regulators as necessary
• Ensure legislative changes and proposals relevant to their assigned states are properly monitored, and that colleagues, management and affected personnel are advised accordingly
• Perform regulatory research and drafting projects
• Develop and implement resource and training materials and programs
• Review and provide input regarding compliant implementation of various underwriting and underwriting support practices, guidelines and procedures
• Assist in developing and implementing various measures necessary for compliance throughout the organization, including drafting bulletins
• Identify issues reportable to various boards and committees and draft synopsis of same.
• Engage with the technology used within the function.
• Research and analyse laws, regulations and sub-regulatory materials
• Provide written and verbal legal opinions on a variety of legal issues
• Draft agreements, contracts and other legal documents
• Communicate and negotiate with external parties (regulators, external counsel)
• Manage outside legal counsel to ensure cost effective and efficient legal services
• Review and sign off on marketing materials

General

It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers.
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Education and Qualifications

• Juris Doctor and member of the bar in good standing in at least one state

Skills and Abilities

• Excellent oral and written communication skills
• Strong legal research skills, with a focus on insurance regulatory research
• Ability to determine, understand and analyze legal/regulatory requirements and their impact on insurance contracts and business practices and plans, develop solutions
• Attention to detail, strong organizational skills and ability to work on multiple tasks
• Ability to interact and work collaboratively and constructively with various people at various levels within and outside the organization
• Ability to appreciate the importance of, track, and meet deadlines
• Professional, responsible and responsive approach to role and functions
• Computer skills - good working knowledge of MS Office

Knowledge and Experience

• Experience in commercial lines property and casualty insurer preferable
• Understanding of the need for accurate and timely management information
• Knowledge and understanding of all forms of reinsurance advantageous

Aptitude and Disposition

• Task focused, self-motivated and flexible.
• Able to successfully interact with colleagues and external stakeholders.
• Positive, enthusiastic, and service oriented

Competencies

• Analytical thinking
• Information seeking
• Customer focus
• Team working
• Detail oriented
• Problem solving
• Effective communicator

The rewards:

• The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
• Attractive base compensation and discretionary performance related annual bonus
• Competitively priced medical, dental and vision insurance
• Company paid life, and short- and long-term disability insurance
• 401(k) plan with 5% company match and immediate vesting
• 22 days annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.
• Up to $700 reimbursement towards home office setup
• Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing
• The opportunity to save for, and purchase, shares of Beazley stock
• Six months fully paid parental leave, regardless of how you come to parenthood
• Company paid sabbatical up to 12 weeks after 10 years of continued service
• Support with exam/study leave and fees for relevant qualifications related to furthering education
• Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
• Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business

Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $135,000-$145,000 per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.