$100,000 – $135,000Compensation
Junior (1 to 2 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Legal, Enterprise Software, Financial ServicesIndustries

Position Overview

  • Location Type: Remote / Hybrid (Dallas, TX)
  • Job Type: Full-Time
  • Salary: $100K - $135K

Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity. Bestow participates in the E-Verify Program.

About Bestow

Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote (contiguous 48 only)/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.

About the Team

We’re looking for a highly skilled and motivated Paralegal and board support team member with a strong background in supporting boards of directors and enterprise SaaS technology to join our legal team. The ideal candidate will have experience assisting corporate attorneys with tasks related to board of directors meetings, including preparing agendas, drafting minutes, maintaining corporate records, researching relevant regulations, ensuring compliance with corporate governance guidelines, and facilitating communication between the board and management, all while ensuring accuracy and legal adherence. This position will also support the legal department in handling SaaS-related matters, including contract review and compliance with relevant laws and regulations, with a particular focus on technology tools used in the insurance technology industry. This role reports to the Chief Legal Officer.

Responsibilities

  • Lead corporate governance tasks such as maintaining up-to-date corporate governance records, preparing resolutions and governance actions, and providing documents to board members.
  • Review, draft, and revise corporate resolutions, intercompany agreements, and other corporate contracts, as well as prepare and file reports with relevant government agencies.
  • Investigate applicable corporate laws and regulations related to board governance, ensuring the company adheres to corporate governance best practices.
  • Conduct legal research on life insurance laws, regulations, and industry standards, particularly as they relate to technology platforms, digital tools, and software used in the life insurance space.
  • Review, draft, and assist in negotiating technology licensing agreements and other related documents, ensuring compliance with applicable laws.
  • Collaborate with enterprise clients and Bestow’s engineering and operations teams to ensure that the life insurance technology systems (e.g., policy management systems, claim processing tools, automated underwriting systems) comply with legal standards.
  • Assist in ensuring that life insurance technology systems meet regulatory requirements, including data privacy (e.g., GDPR, CCPA), cybersecurity, and other relevant insurance laws.
  • Maintain organized and accessible records for all contracts, compliance.

Requirements

  • Specific requirements details are not provided in the job description.

Application Instructions

  • Application instructions details are not provided in the job description.

Company Information

  • Location: Remote (contiguous 48 only)/Hybrid (Dallas, TX)
  • #LI-Remote

Skills

Corporate Governance
Board Support
Minutes Preparation
Legal Research
Compliance
Contract Review
SaaS
Corporate Resolutions
Intercompany Agreements

Bestow

Digital platform for life insurance solutions

About Bestow

Bestow offers a digital platform for purchasing life insurance, focusing on making the process quick and easy for individuals. Their technology streamlines the application process using advanced underwriting methods, allowing customers to receive instant decisions on their coverage. Bestow's software manages the entire insurance lifecycle, which helps reduce costs and enables the rapid launch of new insurance products. Additionally, the company utilizes data solutions to enhance customer data for better marketing strategies and audience targeting. Unlike traditional insurance providers, Bestow emphasizes a user-friendly experience and affordability, with coverage starting at $11 per month. Their goal is to provide accessible life insurance while maintaining high customer satisfaction, as evidenced by their excellent ratings and A+ Better Business Bureau score.

Dallas, TexasHeadquarters
2017Year Founded
$133.8MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
201-500Employees

Benefits

Competitive salary
Equity
Annual bonus based on company and individual performance
Flexible PTO plan
Medical, dental, & vision insurance
Paid parental leave
Annual lifestyle spending account
Flexible work-from-home policy
Learning & development opportunities

Risks

Departure of key compliance officer may affect regulatory risk management.
Pending Sammons acquisition could alter Bestow's strategic direction.
Recent layoffs and low website traffic indicate potential customer engagement challenges.

Differentiation

Bestow offers a digital platform simplifying life insurance purchase processes.
The company uses advanced underwriting technology for quick insurance application decisions.
Bestow's data-driven approach optimizes marketing and audience segmentation.

Upsides

Growing demand for digital insurance solutions boosts Bestow's market potential.
Partnership with Transamerica enhances Bestow's market reach and credibility.
InsurTech investments provide growth opportunities for Bestow's technology-driven solutions.

Land your dream remote job 3x faster with AI