Legal Counsel, Regulatory Compliance

Asurion Corporation Nashville, TN
Counsel, Regulatory Compliance

The role of Counsel, Regulatory Compliance is a full-time, attorney position within Asurion's Legal Regulatory Team, and has responsibility to ensure that the company maintains ongoing compliance with laws and regulations governing portable electronics insurance, service contracts, warranties and other ancillary products and services in all jurisdictions in which Asurion does business. Counsel will directly support Asurion's client teams to facilitate discussions designed to consistently provide business-oriented solutions and risk mitigation guidance.

The ideal candidate will be a dynamic leader, with excellent problem-solving and decision-making skills, strong time management, and is experienced in insurance and technology industries and/or has at least 7years of in-house experience.

Essential Duties & Responsibilities:

* Portable Electronics Insurance (PEI), Service Contract and ancillary product development and implementation.

* Provides regulatory compliance and consumer protection related guidance supporting internal clients on matters pertaining to insurance and service contract requirements, as well as compliance obligations and processes of the Company.

* Accurately assesses and manages risk through knowledge of Asurion's business and relevant legal issues, including reconciling the implications of past precedent with current and future needs.

* Works to support Sr. Counsel on client accounts, and act as a liaison and brokers creative solutions for relevant stakeholders.

* Develops thorough understanding of Asurion's business, processes and goals to provide innovative legal solutions that solve unique or challenging problems

* Works with state regulators regarding regulatory matters including: form and rate filings; regulatory inquiries; audits to obtain approvals; licensing requirements and resolving complex compliance issues.

* Establish strong collaborative relationships with cross functional team, including legal, underwriting, finance, marketing, program management, client services and product.

* Analyzes and stays current with state and federal laws, regulations for insurance, service contracts and warranty, consumer protection requirements and insurance licensing and reporting requirements; and serves as a technical expert in these area(s) of practice.

* Demonstrates good analytical skills and judgment to evaluate factual and qualitative information in complicated or novel situations.

* Analyzes proposed industry legislation and the impact on Asurion products.

* Conducts research projects with inside resources.

* Actively seeks operational understanding and implications of initiatives.

Qualified:

* J.D. from an ABA-accredited law school and admission to the bar

* 7 years of relevant experience

* Experience in marketing, advertisement and consumer protection a plus

* Previous regulatory compliance or insurance, service contract and consumer protection experience will be considered a plus

* General knowledge of insurance or consumer protection policies, regulations, practices and requirements

* Demonstrates the ability to effectively understand, consider and address the client or business while mitigating risk exposure

* Excellent written and verbal communication skills and the ability to work well with business colleagues, clients, and outside counsel to win their confidence without compromising responsibilities as an agent of Asurion

* Must possess strong judgment, confidence, collaborative problem-solving skills, and ability to spot potential issues quickly

* Must be able to independently handle a variety and number of legal matters under supervision of more experienced legal counsel

* Schedules and prioritizes work and deliverables to ensure on-time response to a large variety of changing demands/requests/requirements

* Highly organized and digs for detailed understanding to thoroughly understand the issue and the possible implications of legal guidance

* Aptitude and motivation for staying current with regulatory changes in insurance, service contract and consumer protection regulations

* Must be able to identify early signs of conflict and get to essence of problems to resolve issues before they escalate to a conflict

* Occasional travel