Corporate Paralegal - 1141

Security Mutual Life Insurance•Binghamton, NY

22d•$63,000 - $78,000•Onsite

About The Position

In search of: The next core member of our Legal team. If you enjoy working in a collaborative environment and would like to contribute to the success of an evolving corporate governance and compliance function, please read on. We’re looking for someone who: Is equally adept at taking initiative as taking direction to solve legal research and documentation challenges. Finds that using online tools and resources to research laws and regulations comes naturally. Excels at conveying complex information in simple, understandable ways to Company officers, department heads, and employees. Is intrinsically motivated and focused on providing high-quality deliverables when drafting documentation for attorneys and others. Finds that attitude is as important as technical skill when assisting with the implementation of compliance solutions, filings, and processes. Listens well, asks questions, and digs into the details of tasks while being mindful of the larger perspective. Above all, has the ability to maintain a high level of confidentiality and discretion and takes great satisfaction in providing support to help the Company and Legal Department fulfill its functions. This position is located in the Binghamton, Home Office. The level of the position will be determined by relevant skills, experience and qualifications.

Requirements

2-4 years of related experience is required.
2+ years' experience and familiarity with legal practice and procedure.
Broad knowledge of or ability to research state laws and regulations applicable to life insurance, with expertise in New York laws and regulations.
Excellent analytical, writing, and communication skills with a consistent focus on precision and attention to detail.
Notary Public is required and can be obtained after commending work in the position.
4-6 years of related experience is required.
4+ years’ experience and familiarity with legal practice and procedure.
Experience in life insurance industry, including regulatory and market conduct issues required.
Broad knowledge of and ability to research state laws and regulations applicable to life insurance, with expertise in New York laws and regulations.
Excellent analytical, writing, and communication skills with a consistent focus on precision and attention to detail.

Nice To Haves

Experience in the life insurance industry, including regulatory and market conduct issues, is preferred.
CLU Designation – Chartered Life Underwriter is preferred and can be obtained after commencing work in the position.
Paralegal certificate is preferred.

Responsibilities

Draft and review letters, contracts, regulatory filings and other legal documents. Respond to subpoenas, information requests and other judicial documents or regulatory matters. Work directly with counsel on hearings and litigation matters, coordinate regulatory examinations of the Company as assigned by Legal Department management.
Research, analyze and assist Company officers, department heads and employees with respect to policy and contract administration issues and questions; regulatory filings; interpretation of and compliance with state and federal laws and regulations; and market conduct issues. Administer compliance software program for the Company.
Provide confidential administrative assistance to Legal Department, including but not limited to creating, preparing and assembling documents, maintaining legal files and historical records, scheduling meetings, reviewing, logging and distributing mail, ordering and maintaining office supplies, managing invoices, maintaining compliance logs, subscriptions, attorney registrations and memberships.
Draft policy language, interpret laws, regulations and responses to insurance department and other regulators, and actively participate in meetings to support the product development and implementation process.
Assist in negotiating, obtaining and maintaining property/casualty insurance to mitigate Company risk exposure. Assist in negotiating and administering contracts for legal publications and legal resources subscriptions for the Legal Department.
Monitor, recommend, and implement ongoing improvements to Company's Privacy and Anti-Money Laundering Programs and advise on related compliance issues.
Exercising confidentiality and appropriate discretion, coordinate the preparation and distribution of materials for Board of Directors and Committee meetings and conference calls, including set up and maintenance of records on Diligent Boardbooks, and drafting corporate minutes for Board and Committee meetings. Coordinate Board of Director election procedures, required publications and state Insurance Department filings and correspondence. Coordinate all Director attendance, new Director and Executive Officers fingerprinting and reporting to appropriate states. Administer Directors' compensation.
Maintain Board meeting minute books and Corporate Secretary filings, indexes, Company certificates of authority, contracts, and Board member biographical and other information. Scan and index Board files.
Assist in fulfilling legal and corporate duties relating to the Board of Directors and coordinate special projects as necessary.
Use understanding of state and federal laws and regulations and knowledge of Company procedure to plan and coordinate complex compliance review and implementation projects. Establish objectives, expectations, and schedules for compliance implementation. Guide department management through updates and implementation process and provide post-implementation support.
Review formal complaints and research occurrences. Draft responses and work with Legal department management to submit responses and resolve issues.
Manage Company policy update procedures. Review, analyze and understand requests and make updates as needed. Work with Legal department management and internal clients to finalize and approve requests.
Handle more complex processing issues, provide processing support and assist with training.