What are the responsibilities and job description for the Senior Paralegal - Global Specialty Insurance Company position at Larson Maddox?
SUMMARY
A global Specialty Insurance Company is actively seeking a Senior Paralegal to join their team. Reporting to the General Counsel, this individual will be responsible for supporting the legal team broadly, including contract negotiation, compliance support, and more. The team is looking to bring on an individual with experience in the Insurance industry, who is adept at contract management, legal research, and more.
This firm is known for its strong reputation, low turnover rates, and strong culture with industry-leading benefits. This position is in-office 5 days a week in Manhattan.
RESPONISIBILTIES
- Support the negotiation, drafting, and reviewing of a wide range of contracts; brokerage agreements, vendor agreements, IT contracts, NDAs, claims handling documents, etc.
- Conduct legal and regulatory research on developing laws/regulations as they arise; remain updated on licensing requirements, insurance-specific regulations, and more.
- Manage overall contract process; track deadlines, ensure regulatory compliance; support annual renewals, COIs, and more.
- Oversee invoices for the legal team; obtain payment approval, ensure invoices are handled prior to deadlines.
- Work cross-functionally with compliance, finance, and other departments; maintain and manage relationships with internal teams as well as third parties.
QUALIFICATIONS:
- Associate's or Bachelor's degree, preferably in Paralegal Studies or an adjacent field.
- Paralegal Certificate preferred, but not required.
- 3 YOE in a legal and/or insurance environment. Strong contract experience.
- Familiarity with Insurance terminology, regulations, and products.
- Strong time management skills - ability to meet deadlines, manage priorities, etc.
Salary : $115,000 - $125,000