Insurance Regulatory & Compliance Paralegal

Root Insurance

Root Insurance

Columbus, OH, USA
Posted on Wednesday, September 13, 2023

CURRENT ROOT EMPLOYEES - Please apply using the career page in Workday. This career site is for external applicants only.

The Opportunity

We are looking for an Insurance Regulatory and Compliance Paralegal in Columbus. In this role, you will play a critical role in enforcing the fundamental fairness values on which Root was founded. You will assist the Legal and Compliance teams in a variety of duties with the goal of helping Root to think critically about the needs of our customers and our business operations.

You will be responsible for providing compliance and regulatory support on a wide variety of matters that may include Company Licensing, Corporate Transactions, and Insurance Underwriting, Product, and Pricing. Your duties will include creating, updating and/or maintaining countrywide legal authority; monitoring and reporting changes to US laws, regulations, and department bulletins or other communications; drafting of Board resolutions, agendas and minutes; reviewing responses to regulatory inquiries and/or consumer complaints; and assisting with insurance regulatory filings, including affiliated transaction reporting, company licensing, and Uniform Certificate of Authority Applications. You will also interact cross-functionally to manage business processes and timelines to complete various compliance tasks in the government affairs and corporate secretary organizations.

This position is Hybrid and requires the role to be in office part time.

Salary Range: $85,000 to $100,000

How You Will Make an Impact

  • By timely providing multi jurisdictional legal research on a variety of insurance regulatory, corporate governance, compliance, claims, and privacy issues assigned by attorneys and members of the Compliance team.

  • Accurately researching state and federal law on assigned topics to provide clear guidance in a timely manner in both formal and informal, as well as written and verbal, formats.

  • Integrating with the team and participating in a wide variety of projects to provide clear and actionable legal research and work product.

  • Interacting and communicating effectively with the team and our business partners.

What You Will Need to Succeed

  • Paralegal certificate from an accredited paralegal training program.

  • 3+ years of relevant experience either in the role of an insurance paralegal working for a property/casualty insurance company or a firm.

  • Demonstrated legal research ability using WestLaw, Wolters Kluwer, Trade Association resources (APCIA), and other sources.

  • The ability to compile 50 state research projects and matrices on a variety of insurance regulatory issues in a timely manner.

  • Comprehension and experience with privacy laws, state and federal requirements around the use of credit, Compliance projects and automobile multi-state insurance regulatory research preferred, but not required.

  • Experience in government affairs, corporate secretary functions, or compliance is a plus.

  • Comfort with new forms of technology in the workplace and the ability to adapt quickly to new areas of the law.

  • Demonstrated legal writing ability and talent for translating complex legal concepts into clear and concise terms with actionable deliverables.

  • Ability to build collaborative working relationships.

  • Comfort in an environment with ambiguity and ability to adapt when changes occur.

  • Ability to speak and partner effectively in a matrixed environment.

  • Dedicated sense of professionalism and ethical conduct.

  • Great attention to detail.

  • Self-starter mentality and ability to work independently and effectively prioritize work.

  • Ability to approach problems with an open mind.

Don’t meet every single requirement?

Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Root, Inc., we are dedicated to building a diverse and inclusive workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway!

Join us

At Root, we judge people based on the merit of their work, not who they are. If you are passionate about what this role entails and solving real problems, we encourage you to apply. We want to learn about you and what you can add to our team.

Who we are

We’re harnessing the power of technology to revolutionize insurance. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative FinTech companies in the world. And we’re just getting started.

What draws people to Root

Our success is in large part due to our unwavering standards in hiring. We recognize that our products are only as good as the people building and promoting them. We want individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and an analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy—for assertive self-starters, the opportunities to contribute are limitless.

Impact—by challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration—we encourage rich discussion and civil debate at every turn.

People—we are inspired by the collection of crazy-smart people around us.