Legal Counsel

Bajaj Finserv Health; Pune District; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Bajaj Finserv Health is seeking an experienced and business-oriented Legal Counsel to provide comprehensive legal support across commercial contracting, regulatory compliance, strategic partnerships, technology initiatives, and business operations.

The role requires close collaboration with cross-functional teams to identify legal risks, enable business growth, and ensure compliance with applicable laws and internal policies.

Qualifications

• LLB/BA LLB from a recognized university; CS qualification will be an added advantage.
• 3–5 years of post-qualification experience in an in-house legal department and/or reputed law firm.
• Experience in BFSI, healthcare, digital platforms, fintech, insurance, technology, or related sectors preferred.
• Strong contract drafting and negotiation skills; sound understanding of commercial, corporate, regulatory and compliance matters.

Responsibilities

• Draft, review, negotiate, and finalize a wide range of commercial agreements, including: vendor and procurement, technology and SaaS, partnership and alliance, healthcare service provider, marketing and distribution, NDAs and MoUs; provide legal and commercial advice during negotiations and deal structuring.
• Develop and maintain contract templates, playbooks, and standard legal positions.
• Partner with business, operations, product, procurement, compliance, risk and technology teams to provide practical legal guidance.
• Advise stakeholders on legal implications of new products, services, distribution models, and strategic initiatives.
• Support management in evaluating legal and commercial risks associated with business decisions.
• Monitor and advise on applicable laws, regulations, and industry standards impacting the organization; guidance on healthcare, insurance, fintech, digital platforms, consumer protection and data privacy.
• Assist in regulatory audits, due diligence exercises, and compliance reviews; review notices, claims and disputes; coordinate with external counsel as needed.
• Prepare legal opinions, advisory notes, training materials and management presentations; act as trusted legal advisor to internal teams and leadership.

Skills

Contract drafting

Regulatory compliance

Commercial negotiations

Stakeholder management

Education

LLB/BA LLB

CS qualification advantageous

Job description

About the Role

We are seeking an experienced and business-oriented Legal Counsel to provide comprehensive legal support across commercial contracting, regulatory compliance, strategic partnerships, technology initiatives, and business operations. The role requires close collaboration with cross-functional teams to identify legal risks, enable business growth, and ensure compliance with applicable laws, regulations, and internal policies.

Key Responsibilities

Commercial Contracting & Negotiations

• Draft, review, negotiate, and finalize a wide range of commercial agreements, including:
• Vendor and procurement agreements
• Technology and SaaS agreements
• Partnership and alliance agreements
• Healthcare service provider agreements
• Marketing and distribution agreements
• NDAs, MoUs, and other business contracts
• Provide legal and commercial advice during contract negotiations and deal structuring.
• Develop and maintain contract templates, playbooks, and standard legal positions.

Business Advisory

• Partner with business, operations, product, procurement, compliance, risk, and technology teams to provide practical legal guidance.
• Advise stakeholders on legal implications of new products, services, distribution models, and strategic initiatives.
• Support management in evaluating legal and commercial risks associated with business decisions.

Regulatory & Compliance Support

• Monitor and advise on applicable laws, regulations, and industry standards impacting the organization.
• Provide guidance on healthcare, insurance, fintech, digital platforms, consumer protection, data privacy, and related regulatory matters.
• Assist in implementation of regulatory requirements and internal governance frameworks.

Risk Management

• Identify, assess, and mitigate legal and contractual risks.
• Provide recommendations to balance legal protection with business objectives.
• Support development and implementation of legal risk management processes.

Dispute Management

• Review and respond to legal notices, claims, and disputes.
• Coordinate with external counsel and relevant stakeholders on litigation and pre-litigation matters.
• Support dispute resolution initiatives and settlement negotiations where appropriate.

Corporate & Governance Support

• Assist with corporate governance matters, internal approvals, and policy implementation.
• Support regulatory audits, due diligence exercises, and compliance reviews.
• Prepare legal opinions, advisory notes, training materials, and management presentations.

Stakeholder Management

• Act as a trusted legal advisor for internal business teams and leadership.
• Collaborate effectively with external partners, service providers, consultants, and legal advisors.
• Drive legal awareness and promote best practices across the organization.

Qualifications & Experience

• LLB/BA LLB from a recognized university; CS qualification will be an added advantage.

3 5 years of post-qualification experience in an in-house legal department and/or reputed law firm.

• Experience in BFSI, healthcare, digital platforms, fintech, insurance, technology, or related sectors preferred.
• Strong contract drafting and negotiation skills.
• Sound understanding of commercial, corporate, regulatory, and compliance matters.
• Ability to manage multiple priorities and work independently in a fast-paced environment.

Key Competencies

• Excellent drafting and negotiation skills
• Strong business acumen and risk assessment capability
• Analytical and problem-solving mindset
• Effective stakeholder management
• Ability to provide practical and solution-oriented legal advice
• Attention to detail and strong organizational skills
• Effective communication and presentation skills

Success Measures

• Timely turnaround of contract reviews and negotiations.
• Effective mitigation of legal and regulatory risks.
• High-quality legal advice enabling business objectives.
• Strong stakeholder satisfaction and partnership.
• Continuous improvement of contracting and governance processes.