Assistant Vice President

Position Title:

Role:

Domain : Insurance (Mandatory)

Key Responsibilities

• Review, draft, and negotiate

  commercial contracts, vendor agreements, service-level agreements, and other legal documentation

  as per business and stakeholder needs, with a strong focus on the

  insurance domain

  .
• Manage and mitigate contractual risks, ensuring alignment with

  insurance regulatory requirements and IRDAI guidelines

  .
• Oversee the drafting and finalisation of

  corporate and branch leases, licenses, and allied documentation

  .
• Ensure compliance with all applicable laws, company policies, and industry best practices in the finalisation of contracts.
• Develop and implement

  best practices for legal governance and contract management

  specific to the insurance sector.
• Provide

  strategic legal advice

  on new and proposed legislation, particularly those impacting the

  insurance industry

  and related commercial agreements.
• Lead discussions and negotiations between internal stakeholders, clients, and external parties to ensure effective closure of contracts and agreements.
• Maintain accurate and efficient

  record-keeping and data management

  for all legal and contractual documents.
• Prepare and share periodic

  legal and compliance reports

  with senior management.
• Demonstrate professionalism, adherence to timelines, and commitment to organisational goals at all levels.

Critical Competencies

• LL.B

  from a reputed law college.

• 10+ years of post-qualification experience (PQE)

  , with a

  strong background in commercial contracts within the insurance domain

  (mandatory).
• In-depth understanding of

  insurance laws, IRDAI regulations, and compliance frameworks

  .
• Excellent command over

  procedural laws and regulatory compliance

  .
• Exceptional

  oral and written communication

  skills with the ability to negotiate effectively.