Legal & Compliance Manager

ibynd•Englewood, NJ

1d•Remote

About The Position

The Legal & Compliance Manager is a full-time individual contributor responsible for owning and maturing the compliance program across iBynd and SEMSEE. The role inherits an established program and carrier and vendor relationships, and is tasked with strengthening the program and building controls to support the company's next stage of growth. The position reports directly to the COO and works closely with Finance and Accounting. The manager oversees compliance, licensing, tax-related compliance guidance, premium trust and fiduciary account compliance, contractual relationships, and privacy and legal support for the company's digital insurance platform. The role also partners with technology and product teams to incorporate legal and compliance requirements into platform features and data initiatives.

Requirements

6–8 years of compliance experience.
Direct insurance industry experience in insurtech, MGA/MGU, wholesale brokerage, or a carrier; this is not a role for a generalist learning the industry on the job.
Working knowledge of accounting as it applies to insurance distribution, including premium trust and fiduciary accounting, commissions, and the ability to read a general ledger, reconciliation, and carrier statement.
Hands-on experience with surplus lines premium tax, including multi-state filings and calculating and remitting taxes and fees.
Working knowledge of surplus lines regulation, producer licensing, and the wholesale distribution model.
Experience operating a compliance program as its owner, a key contributor, or the person who inherited and matured one.
Comfort in a technology-forward environment and familiarity with how software, data, and AI factor into modern insurance operations.
Excellent written and verbal communication skills across audiences including regulators, carriers, underwriters, and engineers.

Nice To Haves

Insurtech or digital-first distribution experience.
Experience with MGA, MGU, or program business.
Accounting degree, CPA, or experience working in a finance function.
Experience operating or maturing a privacy program under GLBA and modern state privacy laws.
CPA or accounting background, or a professional designation such as CPCU, AINS, CIPP/US, or CAMS.
Familiarity with NIPR and Sircon for licensing administration and OPTins for premium tax remittance.
Experience supporting a company through a state market conduct exam, carrier audit, or financial statement audit.

Responsibilities

Own and mature the compliance program across iBynd and SEMSEE, including written policies and procedures, training, monitoring, internal audit, producer oversight, anti-fraud and AML obligations, and compliance committee cadence.
Identify, prioritize, and close compliance gaps, and establish controls appropriate for the company's growth.
Oversee state regulatory and licensing matters across operating states, including entity, producer/P&C, and surplus lines broker licenses; keep the licensing footprint current, accurate, and audit-ready.
Provide tax compliance guidance in partnership with Accounting, including state-by-state obligations, surplus lines tax filings, and applicable programs.
Partner with Accounting and Finance on premium trust and fiduciary account compliance, including segregation of premium funds, agency-bill and direct-bill reconciliation, carrier bordereaux, producer commission accounting, and audit support.
Work with outside tax advisors on entity-level obligations, including state registrations and nexus, apportionment, franchise and gross receipts filings, and 1099/1042 information reporting for producers and vendors.
Support carrier appointments, binding authority and program agreements, applicable reinsurance treaties, MGA arrangements, and vendor, partner, and technology contracts.
Serve as the initial point of contact for carriers, MGA/MGU partners, and third-party vendors on contractual and relationship matters.
Work with the COO on legal review of the digital platform, particularly privacy obligations, AI/ML governance in underwriting, and data handling.
Own the privacy compliance program under GLBA and applicable state privacy laws, keeping policies, notices, and data practices current and enforceable.
Partner with technology and product teams to incorporate legal and compliance requirements into new platform features and data initiatives.