Counsel, Legal & Compliance

Posted 10 Days Ago
2 Locations
Remote
105K-135K Annually
Mid level
Cloud • Enterprise Web • Fintech • Insurance • Software
Boost empowers any company to offer embedded, white-labelled insurance products to their customers.
The Role
The Counsel, Legal & Compliance will support compliance, regulatory matters, product development, contract management, and claims handling. The role requires collaboration with senior lawyers and business leaders to navigate complex legal issues in insurtech.
Summary Generated by Built In

COUNSEL, LEGAL & COMPLIANCE

New York or US Remote

ABOUT THE ROLE

Are you ready to jump into the fast-paced world of insurtech? We're looking for a motivated Counsel to play a pivotal role in supporting compliance, regulatory affairs, product development, contract management, and claims handling.  In this exciting position, you'll work directly with our VP, Associate Counsel, and collaborate with senior legal team members, business leaders, and external partners to navigate the complexities of legal and regulatory compliance. This is a fantastic opportunity for a hungry, driven, and high-performing professional with the creative legal mind necessary to responsibly foster innovation in a highly-regulated market. 

ABOUT US

Boost unlocks the insurance vertical by powering white-labeled programs for innovators across all industries. Our platform helps leading technology companies and high-growth startups offer digital insurance products to their customers. Building on Boost enables companies across all segments to offer insurance products through a fully embedded experience within their own front-end environments. Boost's infrastructure-as-a-service platform significantly reduces the cost of building and managing an insurance business by packaging the necessary operational, compliance, and capital components and making them accessible through a simple API integration. That means they can focus on delivering exceptional customer experiences, product innovation, and growth.

Boost’s infrastructure-as-a-service product abstracts and simplifies an old school, complicated industry – and provides access through a cutting-edge API platform. We give our customers everything they need to quickly get to market with their own insurance products and programs which provide an important revenue opportunity. Technically, we’re a licensed managing general agency -- we’re just redefining what that means.

WHY JOIN BOOST?

Take on the Challenge Work with people who see challenges as untested opportunities and who dive head first into finding solutions.

Create It and Own It Everyone at Boost is a creator and an owner. Take your position and run with it.

Expect Transparency You want to know what’s going on and we want you to be informed. The more we work together, the more successful we’ll all be.

Always Laugh Don’t take yourself too seriously, we surely don’t. Celebrate the victories, learn from the mistakes, and enjoy the ride 


WHAT YOU’LL DO

Insurance Coverage & Claims Management Specialist

  • Master Boost’s insurance coverage – Become the go-to expert on our policies, understanding every detail to ensure optimal coverage across all lines.
  • Lead the charge on policy interpretation and analysis – Provide expert guidance on claims trends, coverage insights, and complex insurance laws to steer the organization’s strategy.
  • Shape underwriting guidelines – Contribute to evolving underwriting practices, updating guidelines and rates to stay ahead in the industry.
  • Be the bridge between underwriters and the law – Aid underwriters in responding to complex coverage requests with your legal and insurance expertise.
  • Stay ahead of legal trends – Keep underwriters and the team informed about judicial and legislative developments impacting insurance coverage.
  • Collaborate with TPA partners – Manage relationships with third-party administrators across a variety of exciting areas like cyber liability, pet insurance, lawyers’ professional liability, and D&O liability.
  • Drive accurate claims and coverage determinations – Ensure claims are processed on time, with precision, and in full compliance with Boost’s standards.
  • Review and approve key coverage decisions – Make high-stakes decisions by reviewing coverage determinations, correspondence, and authority requests from TPAs.

Regulatory, Compliance, & Legal Support

  • Be the compliance watchdog – Monitor insurance laws across multiple jurisdictions, ensuring Boost stays ahead of evolving regulatory requirements.
  • Navigate the regulatory landscape – Conduct cutting-edge legal research on new insurance products and services, ensuring compliance with federal, state, and international laws.
  • Engage with regulators – Prepare responses to state insurance departments regarding filed policies and endorsements, ensuring we stay compliant and proactive.
  • Support company compliance  – Assist the legal team with insurance licensing, regulatory reporting, and compliance filings.
  • Negotiate like a pro – Draft, review, and negotiate contracts with external partners, vendors, and service providers to ensure we’re always a step ahead.
  • Provide actionable legal guidance – Be the go-to resource for legal and regulatory advice for internal teams, helping them navigate challenges with confidence.
  • Innovate and improve processes – Play a key role in streamlining our legal processes, improving standard agreements, and supporting the development of company policies.
  • Shape the company’s compliance future – Help develop and implement robust compliance policies and procedures that keep Boost at the forefront of the industry.
  • Tackle ad-hoc challenges – Step up to resolve legal and compliance issues as they arise, making sure the business continues to run smoothly and in full compliance.

SKILLS + QUALIFICATIONS

  • J.D. (Juris Doctor) degree from an accredited law school.
  • Admission to, and good standing with, at least one U.S. state bar.
  • 2-5 years of relevant experience, including familiarity with insurance and claims handling.  
  • Strong research, writing, and verbal communication skills.
  • Exceptional attention to detail and ability to manage multiple tasks simultaneously.
  • Ability to work independently and collaboratively in cross-functional teams.
  • Proactive, solution-oriented mindset with a commitment to professional growth. 


EXTRA CREDIT


  • Familiarity with insurtech startups and industry challenges; experience with startups or tech companies is a plus.
  • Prior experience in claims handling.
  • Experience drafting and revising insurance policy language, filing products, and communicating with state regulators. 
  • Knowledge of both admitted and non-admitted lines is a plus.


COMPENSATION + BENEFITS

  • The pay range is estimated to be between $105,000.00 - $ 135,000.00 USD per year for NYC residents.
    • When determining the wage range for this role, several factors are considered, including but not limited to skill sets, experience, training, licensure & certifications, and other business needs. Geographic differentials associated with the location where the position may be filled have not been adjusted in the disclosed range estimate. It is uncommon for an individual to be hired at or near the top of the range for their position, each case is analyzed appropriately.
  • Equity commensurate with experience (everyone is an owner!)
  • Medical Insurance: 100% covered up to
    • Only employee - $1,030.00
    • Employee + 1 dependent (spouse or children) - $1,287.50
    • Employee + family - $1,545.00
    • If you waive this Medical benefit as you can receive it elsewhere, Boost contributes $350 per month to help you pay for it!
  • Dental & Vision: 100% covered by Company for employee + all dependents
  • Optional Healthcare FSA medical reimbursement account
  • Unlimited PTO
  • 16 weeks of Paid Parental Leave 
  • 401(k) retirement savings program
  • Monthly work from home snack reimbursement
  • Monthly Pet Insurance/Pet Wellness Plan reimbursement
  • A close-knit team that always has each other's back

If you feel that you don't meet all the requirements and are excited about the opportunity, we'd love to hear from you! Send us your application, let's get acquainted.

Boost is deeply committed to creating an inclusive and diverse workplace as an Equal Opportunity Employer. We firmly believe that a thriving organization embraces the individuality of its employees, which serves as a catalyst for growth and success. At Boost, we adhere to a strict policy of non-discrimination based on race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status, or any other protected status recognized by applicable laws and regulations. Our dedication to fostering an environment that values and respects all individuals is unwavering.

The Company
HQ: New York City, NY
65 Employees
Hybrid Workplace
Year Founded: 2017

What We Do

Hi, we’re Boost!

Boost’s turnkey, white-labeled digital insurance platform allows any company to easily offer insurance for increased revenue and engagement.

Licensed to develop and distribute P&C insurance products in all 50 states, Boost provides insurance infrastructure-as-a-service that packages the necessary compliance, operational, capital, and technological components of an insurance program into a turnkey white-labeled solution, accessible via simple API integration. Businesses that choose Boost can reduce the cost and complexity of building and managing their insurance function, and quickly begin engaging their customers with valuable insurance products.

Why Work With Us

Our team driven by a shared mission to modernize the archaic $700 billion insurance industry through our industry-leading digital insurance platform. Mapping a new path is challenging but we make it happen through a fiercely collaborative team who are empowered to innovate and solve the industry's most complex problems.

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