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Legal Counsel - Insurance (4-8 yrs)

4-8 years

Legal Counsel - Insurance (4-8 yrs)

Serving Skill

posted 6d ago

Job Role Insights

Job Description

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


Functional Areas: Legal

Read full job description

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