Insurance Legal and Compliance Manager

Kitabisa; Cipulir; On-site; IDR 300.000.000 - 400.000.000; Full time

Job summary

A leading insurance firm in Indonesia seeks a legal expert to provide counsel on corporate and regulatory matters. The role requires a bachelor's degree in Law, with a minimum of 6 years' experience in the field. Candidates should have strong skills in legal drafting, contract negotiation, and regulatory compliance. Proficiency in Bahasa Indonesia and English is essential. This position involves significant responsibility in contract management and compliance with regulatory frameworks.

Qualifications

• Minimum 6 years of relevant experience in a reputable law firm or insurance/financial services company.
• In-depth knowledge of Indonesian insurance law, corporate law, and OJK regulations.
• Fluent in Bahasa Indonesia and good command of English (written and spoken).

Responsibilities

• Provide expert legal counsel on corporate, commercial, insurance, and regulatory matters.
• Draft, review, and negotiate agreements, ensuring compliance with laws and regulations.
• Ensure adherence to OJK and other regulatory requirements.
• Identify and mitigate legal and regulatory risks across business operations.

Skills

Legal drafting

Contract negotiation

Regulatory compliance

Stakeholder management

Leadership

Education

Bachelor's degree in Law

Master's degree (Magister Hukum)

Job description

• Provide expert legal counsel to management and business units on corporate, commercial, insurance, and regulatory matters.
• Monitor, analyze, and advise on legal and regulatory developments affecting the insurance industry.
• Support strategic business decisions with clear, solutions-oriented legal recommendations.

Contract Management

• Draft, review, and negotiate a wide range of agreements, including reinsurance, distribution, service provider, vendor, and corporate contracts.
• Ensure all contractual arrangements comply with applicable laws, regulations, and company policies.

Regulatory Compliance

• Ensure adherence to OJK and other regulatory requirements.
• Develop, implement, and continuously improve compliance frameworks, internal policies, and standard operating procedures.
• Guide internal stakeholders on regulatory obligations.

Regulatory Reporting & Government Relations

• Prepare and submit legal and compliance reports in a timely and accurate manner.
• Serve as the primary legal liaison with OJK and other relevant government authorities.
• Build and maintain strong working relationships with regulators and industry associations.

Risk Management & Dispute Resolution

• Identify, assess, and mitigate legal and regulatory risks across business operations.
• Support and/or manage dispute resolution, claims, and litigation processes when required.
• Advise on risk mitigation strategies related to products, operations, and partnerships.

Corporate Governance

• Support board and shareholder meetings, ensuring compliance with corporate governance standards and statutory obligations.
• Maintain and manage all legal documentation, licenses, and company records.

Qualifications

• A bachelor’s degree in Law is mandatory; a Master’s degree (Magister Hukum) is preferred.
• Minimum 6 years of relevant experience in a reputable law firm or insurance/financial services company.
• In-depth knowledge of Indonesian insurance law, corporate law, and OJK regulations.
• Strong skills in legal drafting, contract negotiation, and regulatory interpretation.
• Excellent stakeholder management, communication, and leadership abilities.
• Fluent in Bahasa Indonesia and good command of English (written and spoken).