Legal Manager (Mumbai)

Legal Manager (Mumbai)

11 Oct
|
Universal Sompo General Insurance Co.
|
Mumbai

11 Oct

Universal Sompo General Insurance Co.

Mumbai

Roles and Responsibilities :

- To lead and oversee the end to end legal and operational management of the third-party claims across west east and central region ensuring effective claims resolutions, loss ratio management, timely settlement, litigation control and compliance with organizational and regulatory requirements.

- Lead and oversee third party claims legal activities across east west and central zones. Monitor and drive loss ratio improvement, claims registration, processing, award compliance and timely settlement of claims. Manage and monitor MACT litigation, including case strategy, legal proceedings, awards and execution.

- Drive settlement of claims through Lok Adalats, mediation and other alternate dispute resolution mechanisms. Monitor the performance and effectiveness of panel advocates and legal team across various states.

- Lead, guide and manage the zonal legal team, ensuring coordination across geographically dispersed locations. Review litigation trends, claims exposure,



ageing and high value claims and initiate appropriate corrective measures.

- Ensure effective coordination with Claims, Finance, Operations and other stakeholders for timely resolution and settlement of third-party claims.

- Establish appropriate legal controls, processes, MIS and performance monitoring mechanisms for the respective zones. Ensure compliance with applicable court directions, regulatory requirements and company policies.

Job Requirements:

- 8-10 years of experience in claims adjudication or a related field within the insurance industry.

- Robust understanding of legal principles, regulations, and statutory requirements applicable to insurance operations.

- Proven ability to manage multiple tasks simultaneously under tight deadlines while maintaining attention to detail.

📌 Legal Manager (Mumbai)
🏢 Universal Sompo General Insurance Co.
📍 Mumbai

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