Legal Manager

Global Recruitz; United Arab Emirates; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Legal Manager to oversee legal matters for a reputable insurance company in Dubai. This role involves drafting and reviewing a variety of legal agreements, advising stakeholders on compliance with insurance regulations, and liaising with government authorities to ensure timely renewal of licenses. The ideal candidate will possess a Bachelor of Law and have 5-7 years of relevant experience, demonstrating a strong grasp of the insurance industry and legal requirements. Join a dynamic team where your expertise will significantly influence business operations and compliance.

Qualifications

• 5-7 years of experience in legal management, particularly in the insurance sector.
• Strong understanding of insurance regulations and compliance.

Responsibilities

• Draft and review various legal agreements and insurance policy wordings.
• Advise management on legal matters and new regulations.

Skills

Legal Drafting

Bilingual (Arabic and English)

Insurance Regulations Knowledge

Stakeholder Advising

Education

Bachelor of Law

Job description

Hiring for Legal Manager for a Reputed Insurance Company at Dubai

Qualification: Minimum Bachelor of Law.

Experience: 5-7 years of experience.

Industry: Candidate should have some experience of the insurance industry.

Language Mandatory - Bilingual ( Arabic and English)

Accountabilities

• Drafting and review of agreements and other legal matters
• Drafting and review of various kinds of agreements (Confidentiality Agreements, Broker Agreements, Agreements with Third Party Administrators, Service Agreements, Memorandum of Understanding, Reinsurance agreements etc.)
• Drafting and/or review of insurance policy wordings
• Advising stakeholders on various legal matters (for eg. insurance claims, applicability of international sanctions, impact of new regulations etc.)
• Drafting and/or review of internal policies and procedures

Insurance Regulations

• Keeping abreast of new rules and regulations
• Advising the management on applicability of new rules/regulations and its impact on business operations

Liaising with government authorities

• Liaising with Central Bank and other government and regulatory authorities
• Ensuring that the company's registration and licenses are renewed in a timely manner and assist in maintaining proper legal documentation

Other matters

• Assisting in maintaining relationship with banks/financial institutions, KYC compliance
• Have good understanding of Anti-Money Laundering, FATCA/CRS etc.