Job Views:  
990
Applications:  79
Recruiter Actions:  3

Posted in

Legal

Job Code

490746

Exide Life Insurance - Deputy Manager/Manager - Legal - LLB/LLM

5 - 10 Years.Bangalore
Posted 7 years ago
Posted 7 years ago

POSITION DESCRIPTION

POSITION TITLE: : Deputy Manager or Manager - Legal

BUSINESS UNIT: CLCSA

REPORTING TO: Deputy General Manager - Legal

LOCATION : Bangalore- HO

Position Summary (Comprehensive summary of what the job exists to accomplish) :

- Drafting, vetting and negotiating commercial agreements, policy terms and conditions. Drafting responses to legal notices/ advisory services/ opinions to internal departments

Key Accountabilities (A collection of duties and/or responsibilities assigned) :

- Drafting of business agreements, contract management, and legal risk management. Negotiating, drafting and execution of all commercial and procurement contract

- Drafting and vetting policy documents, proposal forms, agency terms and conditions, corporate agency agreements, broker agreements and other intermediary agreements

- Assisting in dealing with laws applicable to a Life Insurance Company

- Drafting & vetting of written communication with internal and external customers

- Assist and independently draft and negotiate and finalize Agreements/ documentation

- Advice and reviews products and marketing materials of the company from legal point of view

- Drafting Terms and conditions, reviewing other product documents offered by the Company and ensuring the quality and compliance with the Regulator

- Managing timely responses to legal notices/ advisory services/ opinions to internal departments

- Drafting and vetting of documents and providing advisory support

- Prepare documentation and handle correspondence & routine legal matters with internal customers

- Active involvement in drafting, reviewing & improving the standard documents such as agreements, contracts, NDA, letter of intent, manuals etc.

- Drafting, vetting letters and replies to Customers, IRDA and various other statutory authorities

- Streamlining the existing process after identifying the gaps

- Cross functional engagement such as timely replies to police authorities, appearances before the police station, submission of statements u/s 161 Cr.P.C., pleadings, attend effective hearings, briefing to advocates and ensure favorable results for the Company

- Comprehensive reply and representation before Ombudsman, Consumer court, and another Government body. Well versed in Arbitrations

- Assisting in regulatory and compliance management

Skills, Knowledge & Qualifications (Framework required by the position) :

- Graduate (LLB Graduates Preferred) with 5+ years of experience in Insurance/Financial Sector, LLM would be an added advantage

- Proficient in both spoken and written English

- Good command over the English language and drafting skills

- Understanding of scope of services and operations

- Should be open to new ideas and bring best practices to the organization

- Expertise in system - Windows office/basics in tech information

Personal Attributes & Competencies :

- Independent, self-starter, with a strong work ethic, high degree of motivation and the ability to contribute to a positive team attitude

- Analytical and interpretation skills

- Time management

- Ability to lead by example and demonstrate Exide Life Insurance values

Performance Measures (The quantitative measures of the job's overall responsibility) :

- Quality in drafting contracts/documents

- Internal customer satisfaction by providing quality and timely feedback/ response

- Conversant with Insurance Laws and procedures

- Performance on Cross Functional Engagement/ Initiatives

PERSON PROFILE (for the Ideal candidate) :

Base Location - Bangalore

Age (Min to Max) - 24 - 30

Experience (Min to Max) - 5 to 6 years in drafting Contracts and Contract Management

Specific Qualification Requirement, If any - Law Graduate (Post Graduate will be an added advantage)

Industry Preference : Insurance / BFSI

Specific Skill Sets and Weight age assigned to various skill sets :

Risk Management experience - 20 %

Drafting and communication skills - 50 %

Attitude to learn and excel - 30 %

Position reports into Deputy General Manager - Legal

Direct Reports to the position : Nil

% Travel Required in this Position : Nil

Any other specific requirements/ preferences : Nil

Didn’t find the job appropriate? Report this Job

Job Views:  
990
Applications:  79
Recruiter Actions:  3

Posted in

Legal

Job Code

490746

UPSKILL YOURSELF

My Learning Centre

Explore CoursesArrow
Apply on the go!

Download the iimjobs app to
apply for jobs anywhere, anytime

apple

Download on

App Store

playStore

Get it on

Google Play

appPromoQr

Scan to Download