Chief Legal Officer @ Best Doctors Insurance

Counselwell Inc.; Miami (FL); Hybrid; USD 150,000 - 250,000; Full time

Job summary

Counselwell Inc. seeks a Chief Legal Officer to act as the chief lawyer for Best Doctors Insurance (BDI) in Miami, Florida. This role involves providing legal advice to the executive team, managing legal compliance, and overseeing legal matters affecting the business.

The ideal candidate must have a JD and significant experience as General Counsel in the insurance sector, particularly with multi-jurisdictional regulations and M&A.

Qualifications

• JD required, appropriate legal qualifications.
• Extensive experience as General Counsel in insurance.
• Experience managing legal operations in multi-jurisdictional contexts.

Responsibilities

• Advising executives on legal issues and compliance.
• Overseeing legal aspects of reinsurance and insurance matters.
• Creating strategies for compliance with regulatory requirements.

Skills

Legal advice

Regulatory compliance

Contract management

M&A experience

International law

Education

JD (Juris Doctor)

Job description

The Chief Legal Officer acts as the chief lawyer of Best Doctors Insurance (BDI) and serves on the executive team as the organization’s legal representative. The individual will provide legal advice to senior management, board members and other executives and advise them on the applicability of various laws and regulations. Manage the legal, regulatory and compliance requirements in all jurisdictions that may be applicable to BDI’s business.

Essencial Job Functions

• Advising executives and senior employees on laws, regulations and other legal documents that would impact on the functionality of the business.
• Overseeing the legal matters of the business, including acting as the business’ legal representative.
• Oversee all legal aspects of reinsurance arrangements, multinational insurance regulatory matters and international dispute resolution.
• Create strategies, systems and controls to achieve compliance with regulatory requirements for all BDI entities.
• Work with Chief Risk Officer to create policies and procedures to comply with requirements of relevant jurisdictions.
• Advice on all manners of legal documents including agency agreements, terms of trade, employment and IT contracts, property lease, sale and purchase agreements, deeds etc.
• Coordinate and manage the cost, output and value of outsourced legal advisors related to matters and legal disputes.
• First point of contact for any legal issues.
• Quality control and improvement of overall BDI contracts and binding agreements including reviewing of all insurance / reinsurance contracts, policy wordings and documents etc. to ensure compliance.
• Create and oversee processes to ensure compliance with applicable Anti-Money Laundering and privacy laws and regulations.
• Liaise with insurance manager and regulators to ensure required notification of any changes to the corporate structure or business plan.
• Monitor and advise on compliance issues relating to potential or actual acquisitions.
• Coordinate with Chief People Officer and employment counsel regarding legal related employment matters.
• Manage outsourced compliance consultants where utilized.
• Responsible for oversight of and response to any questions or complaints from regulatory bodies.
• Provide or organize training on compliance issues for compliance officers and senior executives.
• Report to the board on any areas of risk or potential areas of non-compliance.
• Take responsibility for establishing and maintaining up-to-date personal and team’s awareness of all legislative, regulatory and Company-specific rules, policies and procedures.
• Liaise with shareholder legal teams as well as our various Board members and key regulatory stakeholders.

Qualifications

• Appropriate legal and professional qualifications, JD
• Extensive experience as General Counsel in an insurance environment with specific IPMI knowledge is a bonus.
• Extensive M&A experience.
• Experience managing the legal operations of a complex multi-jurisdictional insurance business with extensive international regulatory exposure.