Senior Manager/Manager - Legal - Life Insurance - LLB/LLM

Our Client is one of the leading life insurance companies in India. Established a decade ago, our client is a joint venture between one of India's leading and diversified financial services organization with one of the oldest and biggest insurance companies across the globe.

Role - Sr. Manager/ Manager - Legal

Qualification - Bachelor in Law/Masters in Law from a recognized university

Required Experience :

6 to 8 years of experience in Contract negotiation and drafting agreements mainly into Insurance /Banking Domain

Key Responsibilities :

- Identify areas of risk in relation to Organizations - operations and provide solutions to manage the risks.

- Review, draft and negotiate agreements, documents and manage the contractual risks.

- Assist in the development of best practices within Organization regarding the legal aspects and risks involved in various commercial and distribution contracts.

- To provide strategic legal advice in terms of new and proposed legislation and their impact on the contract portfolio.

- Leads discussions with internal and external stakeholders to ensure deriving efficient and effective solutions to meet commercial objectives.

- Ensure timely dissemination of statutory, regulatory reports.

- Provide regular reports and updates to Head Contracts, Head Legal and to internal functions, as appropriate

Measures of Performance :

- Timely closure of Agreements

- Minimize unforeseen legal exposure for the Company while entering into commercial relationships

- Timely legal support in terms of legal interpretation required for the business projects and products

- Quality of legal advice/ opinion

- Compliance with the provisions of Insurance Act and other regulatory provisions

- Provide in - house legal support required by stakeholders in internal as well as external dealings

- Establishes effective relationships with customers and staff, networks effectively within the organization.

- At all levels, follows the defined processes and procedures of the organization and ensure closure of assignments without diluting the core values.