What are the responsibilities and job description for the Counsel, Legal & Compliance position at Boost?
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 agencywe'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
SKILLS QUALIFICATIONS
EXTRA CREDIT
COMPENSATION BENEFITS
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.
Salary : $105,000 - $135,000
