Exide Life Insurance - Senior Manager - Legal

POSITION TITLE: Senior Manager - Legal

BUSINESS UNIT: CLCSA

REPORTING TO: General Manager - Legal

NO OF REPORTEES: 0

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 :

- 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

- Advise and reviews products and marketing materials of the company from the 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 other Government bodies. Well versed in Arbitrations

- Assisting on 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 the system - Windows office/basics in tech information

Personal Attributes & Competencies :

- Independent, self-starter, with a strong work ethic, a 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 :

- 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