Insurance Regulatory and Compliance Associate

Squire Patton Boggs•Los Angeles, CA

1d•$245,000 - $290,000•Hybrid

About The Position

Squire Patton Boggs (US) LLP seeks an Associate to join its Insurance Regulatory and Compliance practice. The position may be located in any of the firm’s U.S. offices. The practice represents global, national, and regional insurance companies, private equity sponsors, healthcare systems, and other enterprises on regulatory and transactional matters across the insurance industry. It advises on compliance, corporate transactions, and business initiatives in a highly regulated environment. Associates gain hands-on experience advising on insurance regulatory filings and approvals, insurance holding company compliance, insurer formation and licensure, and entry into new jurisdictions and markets. The practice also handles mergers, acquisitions, joint ventures, and other strategic transactions involving insurance companies and insurance-related businesses. Additional work includes developing compliance programs, internal controls, and risk mitigation strategies; advising on day-to-day regulatory compliance, state insurance laws, financial reporting, and oversight; and assisting with regulatory interactions, including inquiries, market conduct and financial examinations, and administrative proceedings. The successful candidate will provide high-quality legal services to insurance industry clients on complex commercial and corporate transactions, responses to regulatory inquiries, regulatory reporting, and day-to-day compliance matters. Candidates should have working knowledge of state and federal insurance laws, rules, and regulations. The annual salary range is $245,000–$290,000, depending on skills and experience. Applicants must apply online and submit a resume or CV and an unofficial law school transcript.

Requirements

Juris Doctor degree from an accredited law school and a strong academic record.
Admission to practice law in the State Bar of the associate’s primary office.
Three to five years of relevant experience.
Working knowledge of state and federal insurance laws, rules, and regulations, and of laws applicable to the business of insurance.
Experience with complex commercial transactions, such as mergers, acquisitions, and joint ventures.
Experience drafting agreements, opinion letters, regulatory filings, policies and procedures, and other corporate documents.
Experience working with regulatory agencies that have authority over the business of insurance.
Excellent written and oral communication skills and sound judgment.
Ability to work independently and collaboratively on complex matters, manage workload with initiative, and perform with less supervision.
Strong client-relationship skills and ability to handle increased client contact.
Meticulous attention to detail, organization, flexibility, composure, and ability to prioritize urgent tasks while maintaining competence and accuracy.
Strong technical drafting skills and intellectual curiosity, with a desire to grow and develop.

Nice To Haves

Experience working for insurance companies or other enterprises involved in the business of insurance.

Responsibilities

Provide legal services to insurance industry clients on complex commercial and corporate transactions.
Respond to regulatory inquiries and support regulatory reporting.
Advise clients on day-to-day regulatory compliance issues.
Research laws, regulations, and sub-regulatory guidance to counsel clients on business activities throughout the United States.
Draft agreements, opinion letters, regulatory filings, policies and procedures, and other corporate documents.
Advise clients on insurance regulatory filings and approvals, holding company compliance, insurer formation and licensure, and entry into new jurisdictions and markets.
Support mergers, acquisitions, joint ventures, and other strategic transactions involving insurance companies and insurance-related businesses.
Assist clients with compliance programs, internal controls, risk mitigation, financial reporting, operational compliance, regulatory examinations, and administrative proceedings.