About the Organization
A trusted leader in the life insurance sector, this organization blends innovation with customer-centricity to deliver long-term financial security. With a strong distribution network, digital-first approach, and commitment to regulatory excellence, it empowers millions of lives across India. The company fosters a culture of integrity, agility, and inclusive growth.
Job Title: Senior Manager - Legal
Reporting to: CVP - Legal
Corporate Legal Advisory:
- Provide comprehensive advisory on Insurance Act, IRDAI regulations, guidelines, and circulars, Contract Act, Company Law, FEMA, SEBI, RBI, IT Act, 2000, DPDP Act and related frameworks.
- Advise business teams on new initiatives, partnerships, fintech integrations, and market expansion strategies.
- Assess regulatory risks and provide legal opinions or position notes on product filings, marketing campaigns, operational queries, and new ventures.
- Lead legal input for strategic and transformation projects; review and finalize business risk notes.
- Draft/review representations to IRDAI, Life Council, and other regulators.
- Periodic updates to or creation of internal policies, SOPs, and customer journeys to align with evolving legal compliances, including aligning with data privacy obligations.
Distribution, Business Enablement & Stakeholder Collaboration:
- Drafting, reviewing and negotiating vendor contracts and ancillary documents.
- Support legal structuring of customer journeys across digital and physical distribution models.
- Review and optimize existing journeys for legal and regulatory alignment without compromising customer experience.
- Participation in sandbox/innovation labs approved by IRDAI.
- Coordinate with external legal counsel for obtaining expert legal opinions and supporting the litigation team in advising in various customer and employee related matters.
Content & Communication Oversight:
- Review all customer-facing communications (website content, marketing material, disclaimers, SMS/Email campaigns) for legal accuracy and compliance.
- Ensure all digital assets, platforms, and tools are compliant with applicable legal and regulatory norms for customers.
Operations, Regulatory Audit and Governance:
- Provide cutting-edge legal support to operations, underwriting, customer service, and claims teams to enable seamless, compliant execution of business initiatives.
- Customer-centric legal advice and facilitate timely responses to operational queries with high-quality legal input.
- Drive initiatives to enhance efficiency, turnaround time, and responsiveness within the corporate advisory function.
- Provide training and awareness sessions for business and operational teams on regulatory and legal requirements.
- Draft, review, and finalize responses to IRDAI queries, inspections, show-cause notices, and circular representations
Requirements
Experience:10+ years, preferably in insurance and international legal matters.
Qualification: LL.B. (mandatory); LL.M/CS (preferred).
- Strong judgment, cross-functional collaboration, and communication skills.
Didn’t find the job appropriate? Report this Job