Head Business Legal

1 week ago

Hyderabad, Telangana, India Shriram Life Insurance Full time ₹ 15,00,000 - ₹ 30,00,000 per year

Key Responsibilities

1. Strategic Legal Advisory

  • Act as the principal legal advisor to the Board and senior leadership.
  • Provide guidance on corporate strategy, mergers & acquisitions, joint ventures, and new product launches.
  • Anticipate legal risks and design proactive mitigation strategies.

2. Contract & Transaction Management

  • Draft, review, and negotiate contracts including vendor agreements, bancassurance tie-ups, reinsurance contracts, and distribution partnerships.
  • Standardize policy documents and ensure alignment with regulatory requirements.

3. Litigation & Dispute Resolution

  • Manage litigation related to claims, mis-selling, fraud, and contractual disputes.
  • Coordinate with external counsel and represent the company in courts, consumer forums, and arbitration proceedings.
  • Develop strategies to minimize litigation exposure.

4. Risk Management

  • Identify potential legal risks in business operations and recommend preventive measures.
  • Support internal audits, fraud investigations, and whistleblower cases.

5. Leadership & Team Development

  • Lead, mentor, and develop a high-performing legal team.
  • Conduct training sessions for business teams on legal and regulatory matters.
  • Foster a culture of compliance and ethical business practices.

Qualifications & Skills

  • Education: LLB/LLM from a reputed law school.
  • Experience: 15+ years in corporate legal roles, with at least 5 years in a leadership capacity.
  • Expertise: Insurance law, corporate law, regulatory compliance, litigation management.
  • Strong negotiation, analytical, and communication skills.
  • Proven ability to influence senior stakeholders and regulators.

Preferred Attributes

  • Prior experience in a Life Insurance company or BFSI sector.
  • Deep understanding of insurance products, distribution models, and claims processes.
  • High ethical standards, integrity, and sound judgment.
  • Ability to balance business growth with regulatory compliance.

This role is mission-critical: the Head of Business Legal is not just a gatekeeper but a strategic partner who ensures that the company grows responsibly while staying fully compliant with Indias evolving insurance regulatory landscape.

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