US Head of Compliance - INSHUR (US)

Job Description

Would you like to work somewhere that’s stimulating and friendly with countless opportunities for growth and plenty of freedom to make a real impact? This could be the place for you!

We are looking for a US Head of Compliance, to join us at INSHUR. You’ll be working on re-inventing insurance in exciting markets across the US. We are headquartered in New York City with a separate hub office in Westlake Village, Los Angeles.

We value in-person gatherings for workshops, events, and select meetings. The successful candidate may need to travel to our offices occasionally, but, like our product, we're flexible with the frequency.

Working closely with the Director of US Markets and the other key US operational and Group function leaders and teams you’ll be supported by (and reporting to) INSHUR’s Group General Counsel, and be joining a friendly legal & compliance team who believe in providing practical and compliant guidance and solutions to colleagues in a clear and collaborative manner.

About Us

INSHUR is the fastest-growing global provider of insurance for the on-demand economy, making coverage fair and accessible for drivers.

Cutting edge technology underpins our revolutionary offering for on demand drivers, keeping premiums affordable and delivering results for partners. With a focus on embedded insurance solutions, and complementary technology integrations for digital platform providers such as Uber and Amazon, we’ve been helping drivers stay on the road since 2016 through our data, technology and in-house expertise.

We completed our B1 funding as well as the acquisition of American Business Insurance in 2023. We have exciting plans to continue growing our portfolio and product lines and expand to new territories in the future.

As a global team of over 200 people based across the US, UK and the Netherlands, we value:

• Generosity, inclusivity, open-mindedness and diversity
• The delivery of great results and learning in the open
• Freedom to make long-term, high-impact decisions
• The wellbeing of our teammates and the people around us

And… Enjoying the ride!

Requirements

What you'll do

As our US Head of Compliance, you will be a key business partner to the US management team, providing comprehensive regulatory compliance management to our operations and technical functions. You will play a pivotal role in ensuring our organization remains in full compliance with all relevant US federal and state insurance regulations, particularly in the areas of Surplus Lines and Risk Purchasing Group related insurance programs.

Essential Duties and Responsibilities:

• Develop and implement comprehensive compliance programs for our US insurance operations, ensuring alignment with all applicable federal and state regulations.
• Provide expert legal and regulatory support on insurance compliance matters, including product development, underwriting, pricing, privacy and marketing activities.
• Advise on and manage complex regulatory inquiries from US insurance regulators, including issues related to product form, wordings and rate filings.
• Conduct thorough due diligence on potential insurance partners and intermediaries, ensuring they meet our rigorous compliance standards.
• Stay abreast of evolving US insurance regulations, including Surplus Lines and Risk Purchasing Group program requirements.
• Cultivate strong relationships with key stakeholders within the US insurance industry, including regulatory bodies, industry associations, and insurance agents.

Qualifications and Skills:

• Member in good standing of the bar of at least one US state or equivalent Compliance professional qualifications
• Minimum of 8 years of experience as an insurance compliance professional, with a proven track record of success in a hands-on, client-facing commercial environment.
• Extensive experience in Surplus Lines regulation and Risk Retention & Risk Purchasing Group related programs.
• Demonstrated ability to navigate and resolve complex compliance and regulatory matters with US insurance regulators.
• Expertise in advising on regulatory compliance issues for at least 5 US states, including New York (NY) and California (CA).
• Exceptional self-starter with a proven ability to take on diverse and challenging tasks independently.
• Strong leadership and communication skills, with the ability to effectively collaborate with cross-functional teams and external stakeholders.
• Proven ability to manage multiple projects simultaneously, prioritize tasks efficiently, and meet deadlines under pressure.
• Passionate about continuous learning and staying up-to-date with the latest developments in insurance law and compliance.

Your colleagues say you:

• A leader who can influence cross functional teams and other senior leaders
• A succinct and engaging writer, able to translate technical concepts into easy-to-understand language
• Analytical, naturally curious and a born collaborator

Benefits

What we offer

We provide a friendly and stimulating environment for everyone to grow, learn and thrive in. We operate in a hybrid or remote working environment and we encourage a flexible way of working to adapt to personal circumstances and individual and business needs.

Our budget for this role is $180,000 - $200,000 USD and we will take into account your previous experience and agreed primary location of work when agreeing on the final offer.

We offer all our employees stock options and we've built a benefits package that invests in our employees’ long-term personal and professional growth and well-being. Here’s a sample of what this includes:

• Generous PTO and statutory sick leave
• Medical, dental, and vision insurance
• Basic Life, short-term, and long-term disability insurance
• 401K match
• Up to 13 weeks full pay parental leave regardless of your gender
• Annual training allowance and regular learning opportunities
• Commuter benefits
• Monthly flexible well-being allowance to help you remain healthy and productive
• Access to Employee Assistance Program

It goes without saying that we provide everyone with a laptop, monitor, top of the range kit, and any software you need.

Equal opportunities

We believe that having a diverse team where everyone can be their authentic self is the key to our success. We are passionate about equal opportunities and improving the tech industry for the better, so we encourage people from underrepresented backgrounds to apply. We don't discriminate based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, marital status, disability, or age. Our offices, when open, are child-friendly and fully wheelchair-accessible.

While this position is advertised as full-time, we are flexible on the specific arrangements for the right candidate and would be happy to discuss part-time, job-share, or other flexible arrangements, if required. Let us know in your application if you have accessibility requirements for your interview and we will do our best to accommodate..