Contracts and Compliance Paralegal

About the role

The contracts and compliance paralegal will play a critical role in supporting enterprise-wide compliance and effective risk management. This role will support contract review and management, vendor oversight, and the assessment of cybersecurity and information security risks.

Responsibilities

• Support the contract review process, including drafting, reviewing, and negotiating terms, leveraging HAI Group’s contract library to identify and mitigate organizational risks associated with contractual engagements and third-party relationships.
• Support vendor management through analysis of vendor performance, contractual obligations, cybersecurity, artificial intelligence and information security risks.
• Manage vendor and contract administration databases and related workflow systems.
• Participate in legal and compliance research projects to support legal and regulatory initiatives and risk mitigation.
• Support preparation of regulatory filings for HAI Group’s companies.
• Support process to track and review a broad range of regulatory updates, ensuring accurate and consistent application across business operations.
• Stay current on laws and regulations through review of publications and industry literature.
• Perform other compliance or legal tasks as directed by the Assistant Director of Legal and Compliance.

Requirements

• Bachelor’s degree
• 5+ years of paralegal or other experience in a comparable position, preferably with an insurance or financial services company.
• Experience in contract review and lifecycle management, with the ability to identify and assess legal, regulatory, information security, and operational risk.
• Must be legally authorized to work in the United States without the need for employer sponsorship.

Skills and Abilities

• Demonstrated knowledge of third-party and vendor risk management, including vendor due diligence, ongoing oversight, and contract controls.
• Knowledge of insurance compliance programs, filing obligations, and governance structures.
• Ability to interpret and consult on laws and regulations.
• Experience managing and coordinating timely, accurate filings and responses to insurance regulators and other regulatory bodies.
• Strong organizational and prioritization abilities.
• Attention to detail combined with strong time management skills.
• Proficiency in Microsoft Office Suite, with ability to leverage tools for efficiency and accuracy.
• Prioritization skills, ensuring timely and successful completion of initiatives.
• Excellent written and verbal communication skills for clear and professional interactions.
• Ability to identify external and internal factors impacting legal and regulatory requirements.
• Analytical and solutions-driven problem solver, capable of interpreting regulatory changes and consulting on the same.