Assistant Vice President

Position Title:

Assistant Vice President – Legal
Role:  Contract Management
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.