Assistant In-House Counsel, TheGuarantors
$180-215k
1-3 days a week in office
Financial & insurance solutions for renters and landlords
Open for applications
Financial & insurance solutions for renters and landlords
201-500 employees
Open for applications
$180-215k
1-3 days a week in office
201-500 employees
Company mission
TheGuarantors' mission is to unlock opportunity and financial advantage for everyone involved in residential and commercial leasing.
Role
Who you are
- 4+ years of experience in a law firm, in-house legal/compliance department (preferred experience from an insurance carrier, MGA, or agent/broker), or government experience at a department of insurance
- NY Bar license or ability to satisfy NY In-House Registration requirements
- Property and casualty insurance license preferred; CPCU certification desirable
- Strong understanding of insurance regulations and compliance requirements
- Proficiency in conducting risk assessments, developing risk management strategies and implementing control frameworks
- Effective communication skills (written and verbal), capable of presenting findings and recommendations to various audiences
- Demonstrated commitment to continuous learning and professional development
- Passion for insurance and ability to synthesize federal, state, and local statutes and regulations
What the job involves
- We are seeking an Assistant In-House Counsel to navigate the dynamic intersection of law, compliance, and the insurance industry
- In this role, you will collaborate cross-functionally with Product, Risk, Underwriting, Customer Success, Marketing, and Corporate Development teams to ensure legal compliance while aligning legal strategies with broader business objectives
- This position also provides unique exposure to an innovative and evolving industry, offering valuable opportunities for professional growth
- Monitor, analyze and ensure the Company’s compliance with applicable insurance laws and regulations, industry standards and best practices
- Work cross-functionally with the Risk, Underwriting and Customer Success departments to provide legal guidance in underwriting and claims processes. This includes responding to internal and external questions concerning claims processing, underwriting and application of policy terms
- Assist in the strategic development and deployment of insurance products
- Review and respond to regulatory inquiries
- Maintain insurance producer licenses for entity, individual agents/brokers, and claim adjusters
- Supervise continued education requirements of licensed personnel through third-party providers
- Navigate cross-discipline and cross-industry questions addressing landlord-tenant law and insurance regulations
- Develop internal programs and resources, including training materials for various departments regarding compliance, best practices, and risk management
- Conduct regular reviews of internal policies, procedures and processes to ensure alignment with applicable laws and regulations and industry standards
- Contribute to designing and executing compliance testing and monitoring programs
- Prepare and present comprehensive compliance reports to senior management, highlighting concerns, recommendations, and progress on compliance initiatives
- Coordinate with the Marketing department to ensure all advertising and marketing materials comply with applicable laws, regulations and internal policies
- Collaborate with internal stakeholders to address and remediate compliance-related issues and findings
- Assist Chief Information Security Officer concerning NY Part 500 compliance, SOC II observations, and responding to due diligence inquiries
- Support Product and Technology teams in navigating consumer protections, industry standards, and best practices in deployment of insurance products and SaaS platforms
- As required, assist in the negotiation, drafting, and review of contracts (MSA’s, Program Administrator Agreements, claim engagements, vendor contracts, partner agreements, etc.) to support time-sensitive sales and operations matters
- The position will directly report to the Head of the Legal and collaborate extensively with leadership of multiple teams including Risk, Underwriting, Customer Success, Marketing and Corporate Development departments
Our take
Home rental rates across the US are soaring. On average, rent went up by over 10% in a single year between 2021 and 2022, while in some cities that increase is as much as 40%. Renters are now struggling more than ever to qualify for homes and afford security deposits, which also impacts landlords who lack security.
TheGuarantors, which is a licensed insurance agent and broker bridges this gap by acting as a co-signer, then offering to cover and underwrite security deposits if necessary in exchange for a percentage fee of the monthly rent.
There’s been a lot of movement in the rental startups space of late, with venture capital being poured into companies like rent-to-own Divvy and rent now, pay later startup Jetty.
TheGuarantors, however, has seen immense user uptake on its platform and has won the capital backing of Portage Venture, which it intends to use to scale both its product offering and staff headcount. This, plus B Corp certification awarded in 2024, will help TheGuarantors expand its market visibility.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Apr 2022
$50m
SERIES C
Dec 2021
$50m
SERIES C
Total funding: $138.2m
Company benefits
- Remote work: All our roles are 100% remote which allows the flexibility for our employees as we navigate the recent changes to our work environments.
- Opportunities to make an impact within a fast growing company
- Medical, Dental, & Vision insurance (beginning day one)
- 401(k)
- Competitive salary
- Generous PTO and paid holidays
Company HQ
World Trade Center, New York, NY
Leadership
Julien Bonneville
(Co-Founder & CEO)Was a Founding Partner of consulting and market data firm Sanisphere, which provided health and pharmaceutical intelligence in developing countries, then an Associate at McKinsey & Company before joining IMS Health as a Consultant.
Bob Schmidt
(Co-Founder & CRO)Founded and led Donnin Publishing from 1990-2013, before founding Rentassure Agency where they served as CMO, CEO, and Chairman. Before TheGuarantors they were a Leasing Manager in the Long Island City Project for TF Cornerstone.
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