Legal Counsel - Insurance

Job Purpose

To manage the end to end contract management process and assist the team in litigation, criminal complaints, draft responses to legal notices.

Key Responsibilities -

- To Draft, vet, review, negotiate and execute of various agreements

- To vet and draft legal communications for other departments like Risk, Human Resources and Operations for their functional requirements

- To develop efficient data management system for the contracts, keeping the relevant contracts documentation such as process manual updated

- To provide support in getting the Contract management tool operational and ensure implementation of the said tool

- To manage responses to legal notices, communications from enforcement agencies.

- To advise on the litigation risks of possible business decisions, providing preventive counselling with respect to the legal risks associated with business practices

- To contribute towards the improvement & development of departmental operational efficiency and all processes by active involvement in sharing best practices and experiences amongst the colleagues

- To develop standard templates for various types of contracts, review of changes to standard engagement letter templates.

- To liaise with panel of advocates for litigation and legal matters

- To manage all litigation cases of the company including drafting of responses, collating evidence, representing the company in front of quasi-judicial and judicial bodies, Ombudsman, consumer forums and labor Authorities

Specific Authorities (Financial & Non Financial)

- Joint authorization to approve on behalf of the Company online banking transactions as per the Financial Delegation Matrix

- Joint signatory to sign cheques on behalf of the Company as per the Financial Delegation Matrix