Compliance Manager

Founded in 2017, Coalition is on a mission to solve cyber risk and create a safer digital economy where everyone can thrive. Digital risk is now a part of every business and it's no longer solely the domain of technical teams. That's why we combined comprehensive insurance with proactive cybersecurity tools to help organizations stay resilient to digital risks like cyber attacks, funds transfer fraud and much more.

Our team works collaboratively across North America and Europe to prevent security failures and provide both technical and financial help when incidents do occur. Today, Coalition is the world's largest commercial insurtech serving over 130,000 customers including many small businesses that rely on Coalition to help them chart a path forward in the new digital world.

As of September 2021, Coalition has raised $520 million from leading global technology investors as well as highly-regarded institutional investors including: Index Ventures, Ribbit Capital, Valor Ventures, Durable Capital, T. Rowe Price Advisors, and Whale Rock Capital, valuing the company at more than $3.5 billion.

Coalition has experienced tremendous growth by helping organizations of all sizes solve real-world problems and by remaining true to our founding values of character, humility, responsibility, authenticity and diversity. That's why we are proud to be named one of Inc's Best Places to Work in 2021.

About The Role

We are looking for a Compliance Manager to join Coalition's Legal and Compliance Team to help assist Coalition's US and International operations. This role will ensure our company adheres to legal standards and our internal policies so that we can maintain a world class insurance team in one of the world's largest commercial insurtechs. This role comes with a significant amount of ownership and requires compliance experience in the insurance industry and strong communication experience.

Responsibilities

• Develop and oversee legal compliance controls
• Assist Coalition's Head of Legal and Compliance in the development, preparation and implementation of our corporate risk reporting and governance framework
• Providing regulatory compliance and consumer protection-related guidance and assisting internal consumers on matters pertaining to insurance requirements
• Assist with the implementation and lead on compliance
• Provide compliance support for our International operations, including using the FCA Connect System and RMAR reporting
• Maintain a current view of the regulatory environment and assist in the preparation of regulatory acknowledgements to objections, complaints or guidance provided by regulatory agencies
• Draft, modify and implement company policies
• Assist with awareness of compliance and consumer protection policies and procedures, facilitating updates as required
• Develop and/or conduct training for newly hired employees and providing ongoing training as required.
• Implement various compliance practices
• Collaborate with the Legal Team and HR to monitor enforcement of standards and regulations
• Keep abreast of regulatory developments within or outside of the company as well as evolving top practices in insurance compliance
• Prepare reports for senior guidance and external regulatory bodies or insurance partners as appropriate
• Assist on other miscellaneous legal and compliance projects

Skills and Qualifications

• 5+ years of experience in the a highly regulated industry (Insurance, Finance, Banking, etc.)
• Previous compliance experience with experience in international businesses preferred
• Experience working through the compliance program implementation audit process, as well as working directly with regulators
• Be able to work independently and guide short and long-term projects
• Must possess excellent legal and/or business judgement
• Leadership experience, be able to coach and train, set expectations, and drive results in a matrix environment
• Excellent written and verbal communication experience
• Be able to work well with business colleagues, consumers and outside counsel
• High attention to detail and accuracy
• Nimble; be able to prioritize work without supervision, and effectively guide a large variety and number of matters
• Happy to work in a fast-paced and dynamic start-up environment

Bonus Points

• Working knowledge of European insurance/insurtech compliance requirements
• In-depth knowledge of the UK regulatory and compliance environment with particular knowledge of general insurance and/or cyber insurance
• Experience in marketing, advertising and/or consumer protection

Why Coalition?

Coalition's culture is one that strongly values humility, authenticity, and diversity. We want to work with people of different backgrounds and different paths in life, and we trust our team members to take responsibility, share ownership and work for one another. We are always looking for collaborative, inquisitive and dedicated individuals to join our team.

Recent press releases:

Coalition Closes $205 Million Series E, Valuing the Cyber Insurance Provider At More Than $3.5 Billion

Coalition is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.