Commercial Counsel

Posted:
10/30/2024, 4:43:47 PM

Location(s):
San Francisco, California, United States ⋅ California, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Legal & Compliance

Who We Are

Nirvana is on a mission to modernize commercial insurance and enable a safer world. Our technology platform delivers modern insurance & risk management to not only help our customers protect their businesses but actually improve safety for everyone.

To start, we’re transforming the legacy, $750B+ commercial insurance industry through cutting-edge predictive models using real-time IoT data (~50B connected devices by 2030), automation to deliver instantaneous quotes & faster underwriting, & proactive, and data-driven insights to help customers prevent accidents.

Backed by top-tier VCs including General Catalyst & Lightspeed Ventures, Nirvana became the fastest insurtech EVER to launch in Jan 2022 and crossed >$10M run rate in under 6 months, more than 2x faster than best-in-class insurtechs. Our leadership team has helped scale multi-billion dollar companies from scratch including Samsara, Rubrik, Acko & Flexport, and includes industry veterans from Hiscox, AIG, The Hartford & RLI.

About the role:

We are seeking a skilled and motivated Commercial Counsel to join our team. The ideal candidate will have 4-6 years of experience in commercial law, with a strong focus on contract negotiation, compliance, and risk management. This role requires a proactive approach to legal issues and the ability to provide practical legal solutions that align with our business objectives. 

Key Responsibilities:

  • Draft, negotiate, review, and advise on a wide range of commercial agreements connected with Nirvana’s business operations and commercial activities, including broker and vendor agreements, third-party service agreements, and partnership contracts.

  • Provide practical day-to-day commercial legal support and advice regarding legal and compliance risks associated with various business activities. 

  • Collaborate with cross-functional teams, including sales, marketing, underwriting, and R&D, to identify and mitigate legal risks associated with third party contracting and various other business activities.

  • Develop and revise contract templates as necessary based on changes in our product offerings, organization, compliance standards, and jurisdictional requirements.

  • Conduct legal research and stay updated on relevant laws and industry trends to advise on potential impacts to the business.

  • Assist in the development and implementation of policies and procedures related to commercial transactions.

  • Manage disputes and coordinate with external counsel as necessary.

  • Support training initiatives on legal compliance and contract management for internal stakeholders.

  • Balance competing time sensitive demands.

Qualifications:

  • J.D. degree from an accredited law school

  • Admitted to the bar of an appropriate jurisdiction and in good standing

  • 4+ years of experience practicing as a commercial attorney within a well-regarded law firm and/or as an in-house lawyer.

  • Strong knowledge of contract law and experience in contract negotiation and drafting with strong business acumen and ability to translate legal knowledge into commercial/operational solutions

  • Excellent analytical and problem-solving skills, with the ability to make sound decisions under pressure.

  • Effective communication skills, both written and verbal, with the ability to convey complex legal concepts to non-legal stakeholders.

  • Detail-oriented with strong organizational skills and the ability to manage multiple competing priorities.

  • Ability to work in our San Francisco office 3+ days per week

Benefits:

  • Competitive salary and equity

  • Medical, dental and vision insurance

  • 401k with company match

  • Unlimited PTO

  • Hybrid work environment 

  • #LI-Hybrid

We set our salary ranges using compensation data from companies similar to our stage and size. For this role, the estimated salary range for this position is $185,000 - $240,000. The actual base salary will vary depending on multiple factors unique to each candidate, including location, job-related knowledge, transferable skills, work experience and our assessment of your level during the interview process.

Nirvana offers a wide range of best-in-class, comprehensive benefits for this role including 100% employer paid healthcare plans, a healthy 401k match program, paid time off, parental leave, wellness reimbursement, work-from-home stipend and more.

In addition, Nirvana offers equity for all full-time employees, which is not included in the range listed above and will have a significant impact on your overall compensation.

Nirvana is committed to building a diverse and inclusive workforce. If you’re interested in this role, but do not meet 100% of the qualifications listed above, we encourage you to apply. We'd like to consider you for this position and roles that may be a fit in the future. Nirvana is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law. Nirvana considers all qualified applicants in accordance with the San Francisco Fair Chance Ordinance.