Legal Advisor | Insurance | Contract

Singapore, Singapore

Job Description


Job Scope

  • Responsible in all distribution and/or product related matters for the Wealth and Personal Banking - Insurance (WPB Insurance) business in Singapore.
  • Legal work on distribution matters primarily involves providing legal advice relating to the sale and distribution of WPB Insurance products through third party channels (such as the bank, the tied agency force, bancassurance partners, brokers and independent financial advisors). The work will include the review and negotiation of distribution and partnership agreements and consideration of the company\'s risk framework relating to the engagement of third-party distributors.
  • Responsible in the insurance products coverage which includes life (including high net worth, retail and investment-linked products) and health (including individual and Group hospitalisation and employee benefits).
  • Product work will involve (a) preparation of standard documentation for new products and reviewing/amending on-the-shelf products as required, (b) participation in product governance discussions to assess legal, reputational and conduct risks and (c) in respect of more complex products, considerations of customer/sales suitability.
  • Evaluate and respond to changes in the law and regulation relevant to the products and channels under the lawyer\'s remit to manage existing legal risks and identify and manage new/emerging legal risks.
  • Work/advise on all associated marketing, customer acquisition, digital projects and data privacy advisory matters. Work with subject matter experts in the wider Legal team, when required.
  • Assist and collaborate with the legal teams to provide additional support on matters relevant to the insurance business and working on regional projects.
Job Requirements
  • Degree in Law or related field with no less than 7 years\' post qualification experience.
  • Solid post qualification experience working in insurance and/or corporate commercial practices of a reputable international or Singapore law firm or, at an in-house legal department (of which at least 3 years must be gained at a reputable international or Singapore law firm).
  • Experience with insurance or banking documentation. Excellent drafting skills required.
  • Experience with commercial transactions and documentation including advising on legal issues relating to confidentiality, data privacy, competition law, dispute management, consumer protection.
  • Sound knowledge of insurance law and regulations applicable in Singapore. Experience with cross-border laws and regulations of other jurisdictions is a plus.
  • Ability to work directly with cross functional teams including business teams.
  • Collaborative, adaptable and open to innovation and new ideas/ways of working.
  • Ability to prioritise with lateral thinking/ problem solving skills.
  • Excellent communication and inter-personal skills and presentation skills.
Carolyn Ann Santibanez Mendoza EA License No. 02C3423 Personnel Registration No. R1105160Please note that your response to this advertisement and communications with us pursuant to this advertisement will constitute informed consent to the collection, use and/or disclosure of personal data by ManpowerGroup Singapore for the purpose of carrying out its business, in compliance with the relevant provisions of the Personal Data Protection Act 2012. To learn more about ManpowerGroup\'s Global Privacy Policy, please visit https://www.manpower.com.sg/privacy-policy

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Job Detail

  • Job Id
    JD1480216
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned