PHI - Manager- Legal Contract

Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Prudential (UK) in partnership with the HCL group plans to set-up a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer.

This joint venture will combine Prudential's global expertise in insurance and financial services with HCL Group's experience in technology and healthcare solutions.

Prudential, with its longstanding presence in India, already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup, India's first World Cup Victory

Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience.

Contracts Manager

*Key Responsibilities*

• Draft, negotiate, and manage procurement contracts including IT service agreements, software licenses, vendor contracts, and NDAs to support PHI's technology and operational goals.
• Ensure compliance with applicable regulatory frameworks, including IRDAI guidelines and data protection laws.
• Develop and maintain standardized templates and tools for procurement contracts to drive efficiency and consistency.
• Provide strategic advice to internal stakeholders, identifying and mitigating risks while aligning with PHI's business objectives.
• Collaborate with cross-functional teams, including technology, procurement, and compliance, to address legal and operational needs effectively.

Minimum Qualification:

• JD, LL.B., or equivalent degree, or equivalent practical experience.
• Capability to draft contracts in plain English is a must.
• A minimum of 5 years of in-house experience in procurement contracts, particularly in technology companies or a mix of in-house and law firms.
• Proven expertise in drafting and negotiating complex, high-value agreements with attention to detail and legal compliance.
• Superior legal skills and business judgement in areas of responsibility.

Preferred qualities:

• Working knowledge of insurance sector, consumer protection, contracts, and data protection laws in a technology-driven environment.
• Familiarity with regulatory frameworks such as IRDAI and industry best practices in contract lifecycle management.
• Proficiency in MS Office Suite and experience with contract management tools.
• Demonstrated ability to work in a fast-paced, collaborative, and startup-like environment.

Location: Mumbai (full time on site role)

If you think this is the one for you, please apply at EMAIL

We are eager to catch-up

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.