What are the responsibilities and job description for the Paralegal position at Bestow?
About Bestow
Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.
Bestow participates in the E-Verify Program.
About The Team
We’re looking for a highly skilled and motivated Paralegal with a strong background in enterprise SaaS technology to join our legal team. The ideal candidate will have a solid understanding of regulatory requirements and how technology is leveraged in the life insurance sector. This position will support the legal department in handling SaaS-related matters, including contract review and compliance with relevant laws and regulations, with a particular focus on technology tools used in the insurance technology industry.
This role reports to the Chief Legal Officer and is open to Dallas, TX, for those wanting a hybrid work arrangement or remote work (contingent 48 US states only).
What You'll Do
At Bestow, we’re proud to be awarded for our team members, innovative products, and culture. Our standard benefits include:
Thanks for considering a career at Bestow!
Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.
Bestow participates in the E-Verify Program.
About The Team
We’re looking for a highly skilled and motivated Paralegal with a strong background in enterprise SaaS technology to join our legal team. The ideal candidate will have a solid understanding of regulatory requirements and how technology is leveraged in the life insurance sector. This position will support the legal department in handling SaaS-related matters, including contract review and compliance with relevant laws and regulations, with a particular focus on technology tools used in the insurance technology industry.
This role reports to the Chief Legal Officer and is open to Dallas, TX, for those wanting a hybrid work arrangement or remote work (contingent 48 US states only).
What You'll Do
- Conduct legal research on life insurance laws, regulations, and industry standards, particularly as they relate to technology platforms, digital tools, and software used in the life insurance space.
- Review, draft, and assist in negotiating technology licensing agreements and other related documents, ensuring compliance with applicable laws.
- Collaborate with enterprise clients and Bestow’s engineering and operations teams to ensure that the life insurance technology systems (e.g., policy management systems, claim processing tools, automated underwriting systems) comply with legal standards.
- Assist in ensuring that life insurance technology systems meet regulatory requirements, including data privacy (e.g., GDPR, CCPA), cybersecurity, and other relevant insurance laws.
- Maintain organized and accessible records for all contracts, compliance documents, and other legal files, especially in relation to technology-related agreements.
- Provide paralegal support while implementing new technologies, ensuring that all legal aspects of the technology adoption process are addressed.
- Communicate effectively with clients, stakeholders, and external vendors, particularly in the context of legal and regulatory concerns involving life insurance technology systems.
- You have a bachelor's degree and paralegal certification from an accredited program.
- Minimum of 3-5 years of paralegal experience, with at least 2 years specifically in enterprise technology or a related field.
- Proficiency in Google Work Suite and legal management software. Familiarity with data management systems, cloud-based software, or legal tech tools is a plus.
- Excellent organizational skills and the ability to manage multiple priorities and deadlines in a fast-paced environment.
- Strong verbal and written communication skills with the ability to explain complex legal and technical concepts to non-legal professionals.
- Knowledge of life insurance products, processes, technology, and relevant regulatory frameworks (e.g., NAIC regulations and state-specific insurance laws) is preferred.
- A solid understanding of legal principles related to insurance law, privacy regulations, contracts, and technology compliance is preferred.
- Familiarity with life insurance technology platforms such as policy administration systems, claims management software, customer portals, and underwriting automation tools preferred.
At Bestow, we’re proud to be awarded for our team members, innovative products, and culture. Our standard benefits include:
- Competitive salary and equity based on role
- Policies and managers that support work/life balance, like our flexible paid time off and parental leave programs
- 100% paid-premium option for medical, dental, and vision insurance
- Lifestyle stipend to support your physical, emotional, and financial wellbeing
- Flexible work-from-home policy and open to remote
- Remote and WFH options, as well as a beautiful, state-of-the-art office in Dallas’ Deep Ellum, for those who prefer an office setting
- Employee-led diversity, equity, and inclusion initiatives
- Best Place for Working Parents 2023
- Great Place to Work Certified, 2022 2023 2024
- Built In Best Places to Work, 2022 2023
- Fortune’s Best Workplaces in Texas 2022 2023
- Fortune’s Best Workplaces in Financial Services and Insurance 2022 2023
Thanks for considering a career at Bestow!
