Assistant Vice President – Legal – Insurance Broking Firm – LLB (6-10 yrs)

  • Full Time
  • Mumbai
  • Full Time
  • Mumbai

Roles and Responsibilities :

Background The Firm :

A global leader in insurance broking and innovative risk management solutions, With annual revenue over US$15 billion and nearly 75,000 colleagues worldwide, our client helps their clients navigate an increasingly dynamic and complex environment through four market-leading firms.

Role Description :

Role Requirements :

– Provide analysis and counsel on a range of legal issues, including corporate issues, business structures and models, M&A, property-related issues, employment issues, insurance and reinsurance.

– Drafting and review of contracts and related documents for delivering service to clients and for procurement of goods and services, which inter-alia includes NDA, MSA, LIA, TOBA, international TSA, etc. bearing in mind requirements emanating from insurance laws.

– Experience of dealing with cross border group entities would be an added advantage

– Negotiate terms of contracts with internal and external stakeholders

– Analyse a broad range of complex laws and regulations affecting the operations of the Company including those arising from corporate structures and business models

– Develop company’s strategy in defending end enforcing suits.

– Engage outside counsel on complex legal issues, and supervise and coordinate all work sent to external law firms

– Develop a network of outside counsel to advice and represent the Company in consumer forums and other adjudicating forums

– Deal with enforcement agencies like police, CBI, ED, IT authorities, as and when required

– Anticipate and identify legal issues that concerns the organization and develop legal strategies and solutions, to mitigate exposure to the Company.

– Manage reviews and audits by internal & external auditors, IRDAI, etc. from a legal perspective.

– Identify and assess emerging changes in legislative & regulatory landscape impacting business and take corrective action including creation of new processes and systems.

– Create playbooks and standard templates for new business requirements.

– Educate the business teams from time to time on legal ways of working.

– Prepare MIS to keep management and Board informed of critical legal issues

– Keep up to date records of all deliverables and documents

Technical Skills

– MS Office Word, Excel, PowerPoint and Outlook.

General Skills

– Excellent drafting and effective negotiation skills.

– Practical lawyering acumen, including the ability to balance risk and commercial imperatives.

– Efficient, ability to prioritize workload and multi-task.

– Tested project management skills.

– Detail-oriented and able to function well independently,

– Collaborative mindset with ability to work in diverse local and international setting.

– Ability to interact and communicate effectively with all levels of staff, including senior management and external stakeholders.

– Ability to manage team members and lend supervisory support to junior colleagues

Prior Experience

– 6-10 years of in-house experience

– Experience working in an MNC in India

– Knowledge of general corporate law and insurance law.

– Experience handling high volume of contract review, drafting and negotiation

– Experience of handling employment and commercial litigations Insurance industry experience preferred.


– LLB from a reputed law school (Premium LLB i.e. NLU passport experience)

– Additional qualification in insurance/finance/secretarial practice is desirable


Industry Type-Insurance

Functional Area-Legal, Regulatory, Intellectual Property

Employment Type-Full Time, Permanent

Location -Mumbai


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