Head of Legal

Role - Head of Legal

About Us:

Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and headquartered in Mumbai, India. Prudent is one of the leading insurance brokers in the country.

We specialize in building long-term relationships and instilling confidence in our partners. As a partner-focused organization, we are committed to delivering best-in-class insurance solutions and services tailored to meet the diverse needs of our clients.

Recognized as:

• Great Place to Work – 2024 and 2025

  - This achievement reflects our unwavering commitment to a workplace where innovation, collaboration, and success go hand in hand; thanks to each Prudent family member for being the driving force behind our success.
• One of 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗧𝗼𝗽 𝟭𝟬𝟬 𝗕𝗲𝘀𝘁 𝗪𝗼𝗿𝗸𝗽𝗹𝗮𝗰𝗲𝘀 𝗳𝗼𝗿 𝗪𝗼𝗺𝗲𝗻 𝟮𝟬𝟮𝟱! This honour reflects our unwavering commitment to fostering a culture where every woman can thrive and shine, and every voice is heard. Together, we’re building a future of 𝗴𝗿𝗼𝘄𝘁𝗵, 𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝘆, and 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 for all team members!!

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Job Summary / About the Role -

Required Qualifications and Skills

Education:

Experience:

• Significant experience in a legal or compliance leadership role within the BFSI sector (Banking, NBFC, Fintech, Housing Finance, Insurance Broking) is essential.
• Proven track record in handling complex legal negotiations, documentation, and managing high-stakes litigation.
• Prior cross-border exposure/experience

Knowledge:

• In-depth knowledge of relevant laws, including the IRDA, SARFAESI Act, IBC, Company Law, and RBI/SEBI/IRDAI guidelines.
• Strong understanding of banking operations, lending laws, credit structuring, and recovery processes.

Skills:

• Exceptional leadership, communication, and interpersonal skills.
• Strong analytical, problem-solving, and decision-making abilities.
• High ethical standards and professional integrity.
• Ability to work under pressure in a fast-paced, highly regulated environment.

Key Responsibilities:

• Strategic Legal Counsel:

  Provide expert, strategic, and timely legal advice to senior management and various business units on a wide range of complex legal matters, including investments, transactions, and risk management strategies.

• Regulatory Compliance Oversight:

  Ensure adherence to all regulatory requirements and guidelines issued by bodies such as the IRDA , RBI, SEBI, IRDAI, and other applicable statutes. This includes monitoring changes in legislation and implementing necessary internal policy updates.

• Litigation and Dispute Management:

  Oversee and manage all legal disputes, litigation, arbitration, and recovery proceedings (e.g., under the SARFAESI Act, IBC, and N.I. Act) filed by and against the company. Manage the empanelment and performance of external legal counsel effectively.

• Contract Management and Documentation:

  Lead the drafting, review, and negotiation of complex contracts, agreements, loan documents, MoUs, service contracts, and other legal instruments to safeguard the company's interests.

• Risk Management:

  Identify potential legal and regulatory risks, develop proactive mitigation strategies, and implement robust compliance programs.

• Team Leadership and Development:

  Build, lead, and mentor a high-performing in-house legal team, fostering a culture of compliance and ethical conduct.

• Corporate Governance:

  Advise on corporate governance matters and ensure the company's practices align with legal standards.

• Liaison with Stakeholders:

  Act as the primary liaison with regulatory bodies for timely filings and responses to notices, and collaborate with internal stakeholders (e.g., Credit, Recovery, HR, Finance) to ensure alignment with legal policies.