Palo Alto, California
Legal and Compliance Manager
Next Insurance is a fast-growing 290+ person startup based in Silicon Valley and is led by a team of experienced entrepreneurs with a history of successful outcomes. Our mission is to transform insurance for small businesses by combining world-class technology and phenomenal customer service to offer better insurance at a lower price. Next has raised over $380 million from top tier investors and is the valley’s latest unicorn, valued at over $1 billion.
Next is well-positioned to become the leader in the $140 billion small business insurance market because we offer a 100% online experience that is tailored to unique business needs and we get customers insured in minutes - something no one else does. Despite the size of the market, the experience of buying small business insurance has not caught up with best practices instituted in other industries like banking, lending, and even personal lines insurance. There is still a lot of paper involved, purchasing a policy can take days or even weeks, and the coverage is so complex that it’s hard for entrepreneurs to understand what they are buying. We're here to change that. Our goal is to make insurance simple, affordable, and transparent for small businesses so they can stop worrying about insurance and focus on running their businesses.
About the Role
We are looking for an experienced legal and compliance manager to keep our contracts and compliance filings organized and accessible, as well as introducing processes to keep our workflow orderly. Specifically, you will be our guiding force in (1) setting up and maintaining a contract database, (2) tracking various filings in a live dashboard, (3) interfacing with our Finance team to help manage the legal team’s budget, and (4) implementing and streamlining internal approval processes to ensure consistency and transparency.
The ideal candidate will be organized, familiar with online tools and databases commonly used in the legal industry, familiar with compliance issues in a heavily regulated space, open to learning, and eager to use the process to promote efficiency.
Select, implement, manage, and maintain database for contracts and compliance filings, including creating and updating naming conventions and file storing protocols
Manage relationships with external stakeholders in legal and compliance space (outside counsel, regulatory agencies, compliance consultancies, etc.)
Work with legal team members to establish oversight functions, including with respect to claims processing and litigation
Track budget on behalf of legal and compliance teams and work with finance
Expand into a managerial role as the company grows, including hiring and managing legal and compliance specialists
Organize team offsites and track performance indicators (past, current, and future)
Desired Skills and Experience:
6-10 years of experience at a law firm or in-house legal department in a position that requires organizing large amounts of data and/or working on compliance issues
General experience with broad array of legal issues, from regulatory issues to litigation to commercial transactions
Experience devising / building / leading a legal or compliance framework within a startup organization a plus
Experience in a highly regulated industry (and experience working with various regulation authorities) a plus