Entry Level Sanctions Compliance Jobs (NOW HIRING)

Associate Paralegal

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

This role will primarily support American Modern Insurance Group, which is part of Munich Re's Global Specialty Insurance division. Based in the corporate office in Amelia, OH, you'll thrive in a hybrid work environment, splitting your time between our office (40-50% of the time) and remote work.

The Opportunity

We are seeking a detail-oriented and highly motivated Associate Paralegal to join our legal team under the supervision and direction of one or more supervising attorneys. This entry-level role provides essential legal and administrative support under the direct supervision of one or more attorneys. The ideal candidate will have strong research skills, excellent organizational abilities, and a keen interest in legal work. It is an excellent opportunity for someone looking to gain foundational experience in a corporate legal environment or continue building a career in a corporate law department.

Responsibilities         

• Conducts factual and legal research on issues using legal databases, compiles related information, summarizes findings, and presents conclusions.
• Provides drafting and documentation support, including drafting memoranda, agreements, licenses, filings, forms, and responses to law enforcement/regulatory requests for information, including responses to subpoenas, discovery responses, and other responses.
• Organizes and tracks legal/case files and dockets.
• Maintains corporate minute books and filings.
• Prepares, maintains, and transmits corporate, insurance filings, and other regulatory filings and correspondence, including annual Holding Company fillings and amendments as needed.
• Assists in collecting, compiling, organizing, or obtaining relevant documentation.
• Supports sanctions compliance program, including screening  individuals and entities under OFAC (Office of Foreign Assets Control) to ensure compliance.
• Supports billing processes.
• Supports attorneys in responding to internal and external requests and inquiries.
• Helps ensure compliance with internal policies and procedures.
• Assists with training internal clients on applicable legal and compliance matters.
• Performs clerical and administrative support tasks and general support duties.
• Carries out additional assignments as directed by supervising attorneys.

Qualifications

• Education: Associates' or Bachelor's Degree in ABA-approved Paralegal or Legal Studies or related field or equivalent work experience preferred.
• Experience: Entry-level to three years of relevant experience.
• Certification: Paralegal certificate preferred.

Skills

• Self-motivated and action oriented.
• Strong research, writing, and analytical skills.
• Effective communicator, orally and in writing, with strong interpersonal skills.
• Quick learner, self-starter, and works well as a team-player with ability to work independently.
• In-depth understanding of and experience with legal processes.
• Ability to manage complexity and prioritize competing tasks in a fast-paced environment with consistently high quality results.
• Ability to appropriately apply judgment and discretion with sensitive information or in sensitive situations.
• Ability to appropriately apply judgment and discretion with sensitive information or in sensitive situations.
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint) and Westlaw.
• Familiarity with insurance industry and legal databases and compliance screening tools preferred.
• Experience in a law firm or standards with a commitment to confidentiality and compliance

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
• Short and Long Term Disability coverage.
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded.
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
• Eligibility to receive a yearly bonus as a Munich Re employee.
• A variety of health and wellness programs provided at no cost.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.