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Beazley

Regulatory Counsel

Beazley, New York, New York, us, 10261

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Beazley Get AI-powered advice on this job and more exclusive features. General Job Title: Regulatory Counsel Division: Compliance Reports To: Senior Regulatory Counsel - Licensing & Data Privacy Key Relationships: U.S. Regulatory and Compliance team, Underwriting, Partner Engagement, Claims FLSA: Exempt Location: Manhattan, NY Responsibilities

Provide Legal And Regulatory Support To Beazley, Which Includes Ensure legislative changes relevant to data privacy, cybersecurity, and Artificial Intelligence are properly monitored, and that colleagues, management and affected personnel are advised accordingly. Draft responses to complaints filed with Departments of Insurance and/or other regulators by Property and Casualty and Accident and Sickness insureds. Respond to lawsuits, subpoenas, information requests, demand, and other litigation filed by insureds or third parties. This includes drafting responses, locating documents, liaising with claims, underwriting, or other internal departments, and creating litigation strategy. Advise on regulatory changes impacting the claims and broker department including regulator guidance, and data reporting requirement. Assist stakeholders as needed to implement changes and/or submit work product to the relevant regulators. Keep abreast of Canadian insurance licensing requirements and ensure Beazley remains compliant. Draft reports for relevant internal Boards and Committees outlining. Ensure legislative changes and proposals relevant to their assigned states are properly monitored, and that colleagues, management and affected personnel are advised accordingly. Advise on legal and regulatory issues in Canada, including company and employee licensing, claims handling, and broker agreements. Perform regulatory research and projects. Develop and implement resource and training materials and programs. 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. Additional tasks as assigned by your manager. 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. Able to clearly and concisely communicate regulatory requirements to stakeholders. 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. Strong computer skills including a working knowledge of MS Office Suite. Knowledge and Experience

Experience with Property and Casualty insurance and claims litigation preferred. Knowledge of US data privacy, security, and Artificial Intelligence regulatory landscape including CCPA, NYDFS Cybersecurity Amendments, GDPR generally, NIST standards, and HIPAA. Strong written and oral communication skills. Understanding of the need for accurate and timely management information. Aptitude and Disposition

Task focused, self-motivated and adaptable. Quick learner of new areas of the law and the organization. Able to successfully interact with colleagues and external stakeholders. Positive, enthusiastic, and service oriented. Able to work well with others and independently. Able to step into leadership roles on projects. Competencies

Analytical thinking. Information seeking. Customer focused. Team player. Detail oriented. Problem solving. Effective communicator. Organised. Who We Are

Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons. Our Culture: We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers. Be bold; Strive for better; Do the right thing. Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us. We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success. Explore a variety of networks to assist with professional and/or personal development, including Beazley RACE, SHE, Proud, Wellbeing, and Families. Salary for this role will be tailored to the successful individual’s location and experience. The expected compensation range for this position is $138,000-$148,000 per year plus discretionary annual bonus. Don’t meet all the requirements? At Beazley we’re committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification, we encourage you to apply anyway. Locations and Other

Seniority level: Not Applicable Employment type: Full-time Job function: Legal Industries: Insurance

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