Commercial & IT Legal Counsel, Akur8
+ Annual Bonus
More information about location
AI insurance pricing solution
Be an early applicant
AI insurance pricing solution
101-200 employees
Be an early applicant
+ Annual Bonus
More information about location
101-200 employees
Company mission
Akur8's mission is to revolutionise insurance pricing with transparent AI.
Role
Who you are
- 3-5 years of experience as a legal counsel in a fast-paced start-up or scale-up environment, ideally with exposure to international operations
- Proven expertise in SaaS contracts and international commercial law
- A curious and fast learner who enjoys navigating dynamic, evolving environments and quickly absorbing new information
- Fluency in Spanish is highly desirable, alongside French and English fluency, to effectively negotiate and draft with Latin American clients
- Excellent communication and negotiation skills, with a problem-solving mindset and adaptability to different cultural and legal contexts
What the job involves
- We are seeking a Legal Counsel to support our growing company across all legal matters, with a strong emphasis on international SaaS contracts
- You will work closely with the Head of Legal & DPO and collaborate with other teams to ensure smooth legal processes across various geographies
- An important asset for this role is fluency in Spanish, which will be critical for negotiating contracts with clients in Latin America
- Your role will cover a wide range of legal topics, including commercial, corporate, compliance, and more
- 1. Commercial Contracts:
- Draft, review, and negotiate SaaS contracts, NDAs, and Partnership Agreements, particularly for international clients
- Provide legal advice and support during contract negotiations, especially for cross-border matters (FR, US, UK, Japan, Canada, Latin America)
- 2. Procurement Contracts:
- Review and negotiate supplier contracts, ensuring compliance with legal standards across the different countries in which we operate
- 3. Legal Ops:
- Assist the Head of Legal in modernizing the legal department through the implementation of CLM) tools, AI-powered solutions, and other innovative legal technologies to improve efficiency and streamline processes
- 4. Data Privacy & Compliance:
- Collaborate with the DPO on innovative topics related to data protection and compliance, and support ongoing initiatives in these areas
Our take
Putting the correct pricing on insurance has always been a challenge for insurance companies. On the one hand, getting the right price is essential for ensuring an insurance company's viability, as pricing too low could decimate its profits in the event of a mis-priced payout. On the other hand, pricing too high is a surefire way to drive off customers - one study by Accenture found that price was the number one driver of customer loyalty. However, despite its importance, insurance pricing has traditionally been a human task, and therefore prone to errors and biases.
Akur8 wants to change this. Its product is an AI-based insurance pricing solution that automates modelling for insurance companies, while keeping full transparency and control on the models created, as required by regulators worldwide. The only solution on the market reconciling machine learning and actuarial worlds, Akur8’s platform enhances insurers’ pricing processes, reducing modelling time whilst increasing predictive power.
Pricing in the insurance industry is changing fast, with developments coming frequently from both regulators and consumers. Keeping on top of such developments will be paramount to Akur8's success. Judging by its early metrics, though, it looks like this should be no problem. In just a few years it has acquired big customers, including the likes of AXA and Generali, and its footprint spans over forty countries in multiple continents. Following major funding, Akur8 looks well placed to continue its early success, and with a strategy focused on international expansion, it should be set for big things in future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Annual bonus
- Company shares/equity
- Hybrid office/home office policy
- 25 days of paid holidays + RTT
- Gym membership with Gymlib + on-site gym facilities/different sporting events
- Swile lunch vouchers
- Alan health insurance (including possibility of family coverage)
- Relocation support
- Sponsored crèche access
- Free cafeteria with fresh fruit, drinks and snacks
- Ongoing training
Company values
- Challenge the unbearable status quo - We strive for innovation and for the transformation of the insurance industry. But we command change only when it is a no-brainer and has genuine virtuous impact
- Disrupt the known, organize the unknown - We work without any borders. We have the ability to challenge ourselves to adapt to unknown scenarios. We thrive in structuring what is hardly structurable
- AI-driven but refreshingly human - Akur8 is an artificially-intelligent solution but humanity always comes first, within our team, with our clients and with our solution, where AI is Transparent and human-controlled
- Build things that last - We build long-standing, robust and reliable solutions for new and century-old insurance companies. We are here to stay
Company HQ
Plaine-Monceau, Paris, France
Articles
Leadership
Samuel Falmagne
(CEO)Worked at IBM for over 17 years, holding a range of executive roles, and also served as Head of Sales for Shift Technology.
Guillaume Beraud-Sudreau
(Head of Product & Data-Science)Has a background in engineering, and has worked as Lead Data Scientist and Head of R&D at AXA.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Diversity, Equity & Inclusion at Akur8
- At Akur8, we pride ourselves in having an exceptionally international team with 20 nationalities represented and 16 languages spoken. Inclusion & diversity are core values to us, that go beyond words
- We are very happy to work with Gloria to ensure that these values are true not only on paper but also in our company DNA
Share this job
View 7 more jobs at Akur8