Job Summary

The role will be responsible for providing support in review of legal agreements including distribution arrangements, commercial agreements and property leases. Also shall handle legal matters in consultation with internal and external legal counsels including attending courts, consumer forums, Ombudsman, etc. The role will also be responsible towards product compliance including review of product documentation and advertisements.

Location

Mumbai

Role Overview

Designation of the Employee: RLC2 Dy Chief Manager Legal

Designation of the Manager: RLC1 Head Legal Product Compliance

Job Context Major Challenges

About the Health Insurance Industry

While the current market sees more than 15 nonlife players in the private space and 5 exclusive private players in the health insurance space trying to capture a sizable market share, the nationalized service provider (6) remains a solid competitor.



In addition to this the business dynamics are such that the overall market on an annual basis which is to the tune of roughly 10, 000 Crs sees close to 85 % of the business renewing with the existing service provider itself. This narrows down the chance of the fresh business actually being seriously fought in the market to approximately 1500 odd Crs. With the SME and the startups being the driving force

Dimensions
Direct: FY18 0; FY19 0; FY20 0
Indirect: FY18 2; FY19 5; FY20 7
Agreements: 20; 20; 20
Advertisements: 50; 50; 50
Litigation (including notices): 7; 15; 20

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Legal Manager Thane
🏢 Aditya Birla Insulators
📍 Thane