Full-Time

Commercial Counsel

Confirmed live in the last 24 hours

Nirvana Insurance

Nirvana Insurance

51-200 employees

Data-driven trucking insurance solutions provider

Fintech
Financial Services

Compensation Overview

$185k - $240kAnnually

+ Equity

Mid

San Francisco, CA, USA

Hybrid work environment; must work in the San Francisco office 3+ days per week.

Category
Legal
Legal & Compliance
Requirements
  • J.D. degree from an accredited law school
  • Admitted to the bar of an appropriate jurisdiction and in good standing
  • 4+ years of experience practicing as a commercial attorney within a well-regarded law firm and/or as an in-house lawyer.
  • Strong knowledge of contract law and experience in contract negotiation and drafting with strong business acumen and ability to translate legal knowledge into commercial/operational solutions
  • Excellent analytical and problem-solving skills, with the ability to make sound decisions under pressure.
  • Effective communication skills, both written and verbal, with the ability to convey complex legal concepts to non-legal stakeholders.
  • Detail-oriented with strong organizational skills and the ability to manage multiple competing priorities.
  • Ability to work in our San Francisco office 3+ days per week.
Responsibilities
  • Draft, negotiate, review, and advise on a wide range of commercial agreements connected with Nirvana’s business operations and commercial activities, including broker and vendor agreements, third-party service agreements, and partnership contracts.
  • Provide practical day-to-day commercial legal support and advice regarding legal and compliance risks associated with various business activities.
  • Collaborate with cross-functional teams, including sales, marketing, underwriting, and R&D, to identify and mitigate legal risks associated with third party contracting and various other business activities.
  • Develop and revise contract templates as necessary based on changes in our product offerings, organization, compliance standards, and jurisdictional requirements.
  • Conduct legal research and stay updated on relevant laws and industry trends to advise on potential impacts to the business.
  • Assist in the development and implementation of policies and procedures related to commercial transactions.
  • Manage disputes and coordinate with external counsel as necessary.
  • Support training initiatives on legal compliance and contract management for internal stakeholders.
  • Balance competing time sensitive demands.

Nirvana Insurance provides specialized insurance solutions for the trucking industry, focusing on safety and efficiency. Their services utilize data to offer quick quotes and proactive protection, helping businesses save money and operate more safely. As an independent insurance producer, Nirvana Insurance collaborates with multiple insurance companies to provide competitive rates and comprehensive coverage. This approach allows them to address common issues in the insurance process, such as confusion and delays, by offering online applications that can be completed in under 10 minutes and streamlined claims handling by experts in transportation. Their policies are backed by reputable reinsurance partners, ensuring reliability and high-quality coverage. The goal of Nirvana Insurance is to modernize trucking insurance, making it more accessible and equitable for their clients.

Company Stage

Series B

Total Funding

$79.8M

Headquarters

San Francisco, California

Founded

2020

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • NirvanaTech's rapid growth and increased capacity, supported by A.M. Best A-rated reinsurance partners, highlight their innovation and ability to offer ultra-competitive rates.
  • The recent $57 million Series B funding round led by Lightspeed Venture Partners and others indicates strong investor confidence and potential for further expansion.
  • Partnerships with companies like Ascend and SiriusPoint enhance operational efficiencies and expand their market offerings, making NirvanaTech a dynamic player in the insurance sector.

What critics are saying

  • The highly competitive insurance market requires NirvanaTech to continuously innovate to maintain its edge over traditional and emerging competitors.
  • Dependence on reinsurance partners and external technology providers like Ascend could pose risks if these partnerships face disruptions.

What makes Nirvana Insurance unique

  • NirvanaTech leverages cutting-edge technology and data to offer insurance solutions specifically tailored for the trucking sector, unlike traditional insurers who serve broader markets.
  • Their independent producer model allows them to access multiple insurance companies, providing competitive rates and best-in-class coverage, unlike single-carrier insurers.
  • NirvanaTech's focus on fast quotes and proactive protection, combined with hassle-free claims handling by transportation experts, sets them apart in the insurance industry.

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