Insurance Regulatory and Compliance Associate

Squire Patton Boggs•Columbus, OH

5d•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 sophisticated 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 with insurance regulatory filings and approvals, insurance holding company compliance, formation and licensure of insurers, and entry into new jurisdictions and markets. The team also advises on mergers, acquisitions, joint ventures, and other strategic transactions involving insurance companies and related businesses. In addition to transactional work, the practice counsels clients on compliance programs, internal controls, risk mitigation, and day-to-day regulatory compliance. Associates may analyze state insurance laws, advise on financial reporting and oversight, respond to insurance department inquiries, assist with market conduct and financial examinations, and support clients in administrative proceedings. The successful candidate will provide high-quality legal services to insurance industry clients on complex commercial and corporate transactions, regulatory inquiries and reporting, and day-to-day regulatory compliance. The candidate should have working knowledge of state and federal insurance laws, rules, and regulations.

Requirements

Juris Doctor 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.
Ability to work independently and collaboratively on complex matters.
Excellent written and oral communication skills and sound judgment.
Strong client-relationship skills and ability to manage increased client contact with less supervision.
Meticulous attention to detail, organization, initiative, and ability to manage workload without constant supervision.
Ability to prioritize urgent tasks, remain composed and professional under stress, and deliver accurate work.
Strong technical drafting skills and experience with complex commercial transactions such as mergers, acquisitions, and joint ventures.
Ability to research laws, regulations, and sub-regulatory guidance to counsel clients on business activities throughout the United States.
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.
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 handle regulatory reporting and day-to-day regulatory compliance issues.
Advise clients on insurance regulatory filings and approvals, holding company compliance, insurer formation and licensure, and market entry.
Support mergers, acquisitions, joint ventures, and other strategic transactions involving insurance companies and insurance-related businesses.
Counsel clients on compliance programs, internal controls, risk mitigation, financial reporting, and operational compliance.
Analyze insurance laws and regulations and support clients in regulatory interactions, including examinations and administrative proceedings.