VP, Legal

Description

About Reserv

Reserv is an insurtech creating and incubating cutting-edge AI and automation technology to bring efficiency and simplicity to claims. Founded by insurtech veterans with deep experience in SaaS and digital claims, Reserv is venture-backed by Bain Capital and Altai Ventures and began operations in May 2022. We are focused on automating highly manual tasks to tackle long-standing problems in claims and set a new standard for TPAs, insurance technology providers, and adjusters alike.

We have ambitious (but attainable!) goals and need people who can work in an evolving environment. If building a leading TPA and the prospect of tackling the long-standing challenges of the claims role sounds exciting, we can’t wait to meet you.

 

About the role

As VP of Legal at Reserv, you will be the primary legal advisor to the executive team and oversee all legal matters for the company. You will report to a member of the founding team, the SVP of Strategic Services; as Reserv continues to scale up and the Legal function build out more capabilities, this role has the potential to be elevated to General Counsel, reporting to the CEO.

You will be responsible for developing and implementing legal strategies that align with our business objectives while managing legal risks and ensuring compliance with relevant laws and regulations. This role requires a first principles thinker familiar with startup dynamics and a growth-oriented, commercial-minded approach to risk management and risk posture.

 

Who you are

• Strategic Thinker: You possess a keen ability to anticipate legal issues and proactively address them in a way that supports business objectives. Your strategic mindset helps you align legal strategies with the company’s growth plans.
• Experienced Professional: With significant experience in in-house legal roles, particularly within startup or high-growth environments, you have a track record of managing diverse legal matters, from corporate governance to intellectual property and contract negotiation.
• Growth-oriented risk posture: You have a strong sense of the balance between identifying & mitigating legal risks and being commercial-minded in order to be strategically wisely risk-accepting.
• Problem Solver: You excel at finding practical solutions to legal challenges. Your problem-solving skills enable you to tackle complex issues with creativity and a focus on achieving positive outcomes.
• Excellent Communicator: You communicate legal concepts clearly and effectively to both legal and non-legal stakeholders. Your ability to explain complex legal matters in a straightforward manner helps bridge the gap between legal and business perspectives.
• Agile and quick on your feet: You thrive in fast-paced, ever-changing environments. Your ability to adapt to shifting priorities and manage multiple responsibilities makes you a resilient and effective legal partner.
• Ethically Driven: Your commitment to integrity and ethical standards is unwavering. You handle sensitive information with discretion and uphold the highest standards of legal and professional conduct.

• And did we mention, a sense of humor!

 

What we need

We need you to do all the things typical to the role:

Transactional law

• Build a lean and scalable process and team to efficiently lead contract negotiations, collaborate cross-functionally to protect Reserv, and do so with a commercial-minded approach
• Full contract lifecycle management for every type of contract and legal document, with the gold standard being minimal work to provide contracts & reports to a virtual data room during Reserv’s eventual exit

Litigation

• Develop and implement litigation prevention strategies and decisive settlement processes for each function with a meaningful surface area of risk
• Commercial-minded risk management focused on compliantly enabling business partners to pursue their objectives
• Foster a growth-oriented risk posture across transactional and litigation matters, avoiding an "absolute risk avoidance" culture.
• Act as a force multiplier to other functions by delivering proactive legal support that enables business objectives and cross-departmental efficiency. Examples include:
• Working with outside counsel on patents & trademarks
• Partnering with Product & Engineering teams as their pursue innovation
• Effective at teaming – able to influence oth