Paralegal / Legal Analyst

Bankers Financial Corp•Saint Petersburg, FL

3d•Onsite

About The Position

The Paralegal / Legal Analyst to the Deputy General Counsel and Insurance Risk Officer is a hands-on professional role providing advanced legal, regulatory, and enterprise risk management support within a complex insurance company environment. This position goes beyond administrative work, playing an active role in legal research, regulatory filings, contract and compliance management, and enterprise risk oversight. The incumbent works closely with leadership to analyze business risks, develop mitigation strategies, and ensure compliance with insurance regulations. The role also supports the creation and maintenance of manuals, standard operating procedures (SOPs), internal controls, and remedial measures, fostering continuous improvement across Legal, Compliance, and Risk Management functions. Requires in-office attendance at least four (4) days per week (Monday–Thursday) to support collaboration with the Deputy General Counsel, Insurance Risk Officer, and internal teams.

Requirements

Bachelor’s degree in Legal Studies, Risk Management, or related field required.
Paralegal Certification (NALA, NFPA, or ABA-approved).
Minimum 3–5 years of experience as a paralegal or legal analyst in an insurance company, law firm, or financial services organization.
Demonstrated experience supporting senior counsel or risk leadership in legal, compliance, or risk management.
Strong knowledge of insurance regulations, corporate governance, and enterprise risk frameworks.
Excellent legal drafting, research, and analytical skills.
High attention to detail and ability to manage complex projects independently.
Familiarity with risk management systems and legal research databases (Westlaw).
Exceptional written and verbal communication skills with executive-level professionalism.
Ability to handle multiple priorities and maintain strict confidentiality.
Proficient in Microsoft Office Suite and data reporting tools (Excel or similar).

Nice To Haves

Continuing education in insurance law, compliance, or ERM highly desirable.
Notary certification a plus.
Hands-on experience in risk reporting, legal research, contract review, or compliance documentation preferred.

Responsibilities

Draft, review, and prepare contracts, regulatory filings, resolutions, governance materials, and correspondence.
Conduct independent legal and factual research using statutes, administrative codes, and case law.
Prepare and manage state insurance and corporate filings, ensuring accuracy and timeliness.
Maintain compliance calendars, checklists, and reporting records.
Support internal governance processes, including board and committee documentation.
Collaborate with the Insurance Risk Officer to identify, analyze, and monitor enterprise and operational risks.
Conduct research and analysis on compliance exposure, claims trends, and vendor performance.
Maintain the ERM framework, including risk registers, internal controls, and mitigation strategies.
Prepare and summarize materials for risk committee meetings, audits, and regulatory submissions.
Coordinate with departments to validate control effectiveness and support compliance reporting.
Develop and maintain departmental manuals, policies, and SOPs for Legal and Risk functions.
Create and update process maps, templates, and documentation for consistent compliance readiness.
Oversee version control and reference libraries supporting corporate filings and reports.
Review and analyze contracts, service agreements, and vendor documents for risk allocation and compliance.
Identify and communicate risk implications in indemnification, limitation of liability, and insurance provisions.
Partner with procurement, underwriting, and compliance on vendor risk management.
Compile and analyze data and metrics for executive reporting, dashboards, and presentations.
Participate in cross-functional projects that enhance compliance, claims control, and risk mitigation.
Track milestones, prepare summary reports, and ensure deliverables are completed on time.
Provide high-level operational support to the Deputy General Counsel and Insurance Risk Officer, including meeting coordination, agendas, and documentation.
Manage legal and risk document repositories in compliance with corporate retention policies.
Assist in budget tracking, vendor onboarding, and invoice management.
Serve as liaison between Legal, Compliance, and other departments to align risk objectives.
Perform other duties as required from time to time to support Legal and Risk Management initiatives.