26 Aug
|
TATA AIA LIFE INSURANCE
|
Thane
26 Aug
TATA AIA LIFE INSURANCE
Thane
Job Description:
JOB DESCRIPTION
A Position Overview
Position Title
Assistant Manager (Legal)
Department
Legal
Level/ Band
Count
1
Locations
HO- Thane / PBP
Role Summary/Job Specifications:
· Handle end to end management of consumer litigation cases filed against the Company across the different districts, states and National Consumer commissions.
· Managing Insurance Ombudsman cases
· Preparing Self Contained notes after receiving opinion from the respective internal stakeholders
· Drafting and vetting of Written statements, evidence and other necessary pleadings
· Satisfaction of Ombudsman Awards / filing of Writs before the jurisdictional High Court.
· Co-ordinate with Advocates for filing replies, evidence and appeals within statutory timelines
· Review and analyze Court orders; recommend further legal action (appeal / review / settlement or compliance)
· Assess pre-ligation grievances related to claim repudiation, delay, policy servicing issues, etc.
· Recommend settlements or corrective measures that reduce potential litigation
· Handle due diligence of property related matters and IPR issues
· Providing legal Advise to internal stake holders based on facts and supporting documents ensuring timely guidance aligned with legal, regulatory and organizational requirements.
· Provide guidance to internal teams for handling disputed cases, high risk or sensitive claims
· Maintain litigation tracker, case summaries and necessary records.
B Organizational Relationships
Reports To
Pb, Ganapathy
Supervises
John Victor
C Job Dimensions
Geographic Area Covered
West zone
Internal Stakeholders
Claims, Customer service, POS, Sales
External
Advocates
D Key Result Areas
Organization Process
Key Contributions
Sales
· Not applicable
Relationship Management
· Not applicable
Ensure Compliance
· Not applicable
MIS
· Not applicable
E Skills Required
Technical
· Understanding of Insurance and Contract laws along with the related Guidelines, Rules & Regulations
· Knowledge of the Consumer Protection Act, 2019, CPC, Criminal laws and the Evidence Act
· Valuable drafting skills
· Ability to analyze FIR s, PM Reports, hospital records and treatment papers, etc. to determine liability
· Good legal research
· Good exposure to MS Office
Behavioral
· Strong Analytical thinking and ability to assess issues logically
· Effective Communication skills (both written and verbal)
· Demonstrated time management skills with the ability to handle multiple tasks and deadlines
· Learning oriented with a proactive approach and maintain positive interpersonal skills.
Essential
Desired
Interpersonal skills
ü
Yes
Communication skills
ü
Yes
Creative thinking skills
ü
Yes
Supervising/Leadership skills
Yes
Teamwork Skills
ü
Yes
Influencing skills
ü
Yes
Relationship Building skills
ü
Yes
Decision making skills
ü
Yes
Interpersonal skills
ü
Yes
· High levels of flexibility, adaptability to manage long hours, working under strict timelines to reach deadlines
F Incumbent Characteristics
Essential
Essential
Qualification
LLB from a reputed law college
Experience
3-6 years
Age
23-26 years
About Company:
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.
📌 Assistant Manager - Legal (Thane)
🏢 TATA AIA LIFE INSURANCE
📍 Thane