CFC

Cyber risk underwriting through MGA platform

Insurance Paralegal - US Legal & Compliance

Regulatory Compliance & EthicsUpdated on Nov 13

Full-timeNew York, NY, USA$110k - $130k /yrHybrid

About the Job

Requirements

The candidate must have experience in insurance regulatory or compliance work and a strong interest in developing a legal and compliance career in the insurance market.
The candidate must have 2 to 3 years of regulatory and compliance experience, including experience with insurance regulatory filings and submissions.
The candidate must have knowledge of US admitted insurance compliance requirements and an understanding of the wider US regulatory landscape.
The candidate must have strong organizational skills and be able to manage multiple matters and critical deadlines simultaneously.
The candidate must have excellent written and verbal communication skills and be able to communicate professionally with a broad range of stakeholders.
The candidate must have a collaborative approach and be able to build strong relationships with internal and external stakeholders.
The candidate must be able to work autonomously and deliver detailed, time-sensitive regulatory work with minimal supervision.
The candidate must have a bachelor's degree or higher.
The candidate must be organized, detail-oriented, and comfortable balancing multiple priorities and deadlines.
The candidate must take a practical and commercially minded approach and be confident working independently as well as collaborating with stakeholders across the business.

Responsibilities

Support the maintenance of the company's insurance and claims adjusting licences across all 50 states, including preparing, coordinating, and filing new and renewal licence submissions.
Monitor the status of US licences, maintain accurate internal records, and help proactively identify and resolve licensing issues.
Respond to regulatory and internal stakeholder enquiries relating to insurance licensing.
Support vetting and onboarding of retail and wholesale brokers, and manage producer engagement contracts and agency management processes.
Provide compliance support for product rate and form filings, including regulatory assessments of admitted product changes and new products.
Support responses to US regulatory communications and enquiries, working with the wider group compliance team where required.
Review US marketing materials against relevant advertising and promotional regulations.
Research regulatory and business risks and support maintenance of the US office risk register.
Support preparation and coordination of internal and external audits.
Keep up to date with relevant US laws, regulations, and regulatory developments.
Help provide timely, commercially focused compliance guidance to underwriters, claims handlers, and colleagues across the business.
Support maintenance of effective US compliance systems, controls, policies, and procedures.
Support US financial crime and sanctions processes, including investigation of sanctions matches.
Work closely with colleagues across compliance, underwriting, claims, and product development, providing practical support on regulatory matters.

Desired Qualifications

A relevant degree discipline such as Law would be beneficial but is not essential.
Legal experience, including drafting or contract review, would be advantageous but is not essential.
Experience working with delegated authorities and an understanding of binding authority agreements would be beneficial.

We’re looking for a Paralegal, Legal & Compliance to join our US team, supporting a broad range of regulatory and compliance activity as CFC continues to grow its presence in the US.

You’ll play an important role in maintaining CFC’s insurance and claims adjusting licences across all 50 states, helping to ensure our regulatory authorisations remain protected and our submissions are completed accurately and on time.

While licensing will be a key part of the role, there’s plenty of variety. Depending on your experience and interests, you’ll have the opportunity to get involved in wider legal and compliance matters spanning regulatory reporting, producer agency management, product filings, legislative monitoring, audits, financial crime, sanctions, cyber risk and data protection.

It’s a great opportunity for someone looking to develop their career within a fast-moving insurance environment, gaining broad exposure to US insurance regulation while working closely with teams across the global business.

You’ll work closely with colleagues across Compliance, underwriting, claims and product development, providing practical support on a range of regulatory matters.

You’ll be responsible for:

Supporting the maintenance of CFC’s insurance and claims adjusting licences across all 50 states, including preparing, coordinating and filing new and renewal licence submissions.
Monitoring the status of US licences, maintaining accurate internal records and helping to proactively identify and resolve licensing issues.
Responding to regulatory and internal stakeholder enquiries relating to insurance licensing.
Supporting the vetting and onboarding of retail and wholesale brokers, alongside the management of producer engagement contracts and agency management processes.
Providing compliance support for product rate and form filings, including regulatory assessments of admitted product changes and new products.
Supporting responses to US regulatory communications and enquiries, working closely with the wider CFC Group Compliance team where required.
Reviewing US marketing materials against relevant advertising and promotional regulations.
Researching regulatory and business risks and supporting the maintenance of the US office risk register.
Supporting the preparation and coordination of internal and external audits.
Keeping up to date with relevant US laws, regulations and regulatory developments.
Helping to provide timely, commercially focused compliance guidance to underwriters, claims handlers and colleagues across the business.
Supporting the maintenance of effective US compliance systems, controls, policies and procedures.
Supporting CFC’s US financial crime and sanctions processes, including the investigation of sanctions matches.

You’ll have experience within Insurance regulatory or compliance work and a strong interest in developing your career across legal and compliance within the market.

You’ll be organised, detail-oriented and comfortable balancing multiple priorities and deadlines. Just as importantly, you’ll take a practical and commercially minded approach, with the confidence to work independently as well as collaborate with stakeholders across the business.

Ideally, you’ll bring:

2 to 3 years’ regulatory and compliance experience, including experience with insurance regulatory filings and submissions.
Knowledge of US admitted insurance compliance requirements and an understanding of the wider US regulatory landscape.
Strong organisational skills with the ability to manage multiple matters and critical deadlines simultaneously.
Excellent written and verbal communication skills, with the confidence to communicate professionally with a broad range of stakeholders.
A collaborative approach and the ability to build strong relationships with internal and external stakeholders.
The ability to work autonomously and deliver detailed, time-sensitive regulatory work with minimal supervision.
A bachelor’s degree or higher. A relevant discipline such as Law would be beneficial but isn’t essential.
Legal experience, including drafting or contract review, would be advantageous but isn’t essential.
Experience working with delegated authorities and an understanding of binding authority agreements would also be beneficial.

About the Company

CFC

Cyber risk underwriting through MGA platform

CFC Underwriting is a specialist insurance provider operating as a managing general agent (MGA) that underwrites on behalf of a panel of carriers, focusing on emerging and specialty risks with a strong emphasis on cyber. It uses a proprietary global insurance platform powered by data science to streamline underwriting across a portfolio of 50+ products, including cyber and professional liability, with an in-house incident response team adding comprehensive cyber risk management. It differentiates itself through its early focus on cyber, large in-house claims and incident response capabilities, and a global broker-driven distribution model. Its goal is to deliver fast, precise underwriting and robust risk management for technology-related and other specialty risks worldwide.

Company size: 1,001-5,000
Company stage: Not listed
Total funding: Not listed
Headquarters: London, United Kingdom
Founded: 1999

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