What are the responsibilities and job description for the Paralegal position at Munich RE?
Paralegal
We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.
The Company
Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.
As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
The Opportunity
Future focused and always one step ahead!
The Paralegal will provide organizational and administrative support for compliance for all states affecting insurance business operations, adjusters, producers and certificates of authority, regulations pertaining to excess and surplus lines and/or unauthorized insurance requirements, and other matters related to domestic and foreign insurance business. Provide assistance in maintaining corporate policies/procedures and general corporate governance matters.
Responsibilities
- Manage calendar of yearly required filings, including:
- Analyze filing requirements, gather required information, and prepare and submit required filings;
- Interact with various regulatory agencies, including state departments of insurance and secretaries of state, as needed;
- Research and track regulatory and legislative matters, draft documents and advise regulatory team personnel regarding various insurance regulatory issues such as licensing requirements;
- Provide support for producer contracting process including drafting routine contract amendments.
- Provide support as needed for corporate governance including:
- HSB US and international legal entity and branch office management (including US state insurance holding company filings/reporting, ad hoc board resolutions, minutes, and consents);
- Cross-functional support for internal group-wide compliance function, including oversight and reporting associated with internal policies and guidelines.
Qualifications
- Mid-level with 8 or more years of experience
- Bachelor's Degree or equivalent work experience preferred.
- Paralegal certificate preferred.
At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.