LawSikho

Deadline Open Deadline

Location Mumbai, Maharashtra, India.

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG). Since its set-up in 2001, the Company has grown strongly to emerge as the preferred private general insurance company in India with several pioneering firsts to its credit. Driven by a mission to create better tomorrows for Customers by delivering trustworthy and innovative risk solutions, Tata AIG’s broad portfolio of protection covers are backed by years of professional expertise in product offerings, exceptional service capabilities and seamless claims process management.

Details of the Job/Internship

TATA AIG General Insurance Company Limited is hiring a Senior/Chief Manager-Legal (Litigation/Non-Litigation) with experience of 3 to 5 years to join their office in Mumbai.

Role and Responsibilities

Oversee and review all agreements/contracts that the Company enters into: review all contracts or any other documentation and assess legal implications that need to be brought to the management’s attention and ensure to draft, review and negotiate legal contracts/agreements/documents to make sure that it is in the organization's interest.
Responsible for reviewing and vetting all insurance intermediary agreements and ensuring adherence to outsourcing regulations and other regulatory guidelines.
Responsible for fool-proof drafting and vetting of standard legal agreements like NDAs, Addendums, insurance intermediary agreements, IT agreements etc. in line with the guidelines of the Company.
Responsible for checking and clearing the property titles of all branch locations, new site acquisitions etc., and providing support to the Admin team on the same.
Ensure preparation, review and vetting of Leave & License / Lease agreements for the company branches and locations and guide the team in agreement closures.
Review and draft documentation for business transactions and prepare & advise on the necessary checklist to be adopted to ensure information is submitted on time.
Oversee and ensure timely legal procedural support related to notaries, stamp papers, leases etc. within the organization.
Work on digital contract management systems for digital contract management process, Responsible for maintaining the documentation repository, Monitoring and ensuring timely updates to the in-house agreement repository, Responsible for acquiring and safeguarding Intellectual Property Rights for the organization’s products and services, Conducting regulator legal research and present papers.
Working on a Contract Management System/Tool for maintaining legal contracts of the Company and extracting reports.
To provide legal advice and guidance on all kinds of legal matters and to ensure Proactive practical, qualitative and cost-effective legal support and guidance to different business functions.
To work on legal advisory, regulatory updates, legal dashboards, and legal articles for increasing legal awareness in the organization.
Assistance in the implementation of the Regulatory Compliance framework for the organization while Identifying and ensuring due compliance with local laws and regulations.
To deal with external law firms and other consultants and Assist the internal/external team on all Legal and Corporate matters.

Eligibility

LLB / LLM.
Required Experience: 3-5 years Strong contracts management, proven experience in resolving complex issues about contracts.
Preferred Experience: 3-5 years Experience of working in the insurance sector is preferred but not mandatory.
Skills and Abilities: Legal experience in General laws, corporate laws, data security and privacy laws, IPR, etc, Communication skills, and presentation skills.