Legal Manager

New Era Solutions; Bengaluru; On-site; INR 12,00,000 - 18,00,000; Full time

Job summary

A healthtech company in Bengaluru is looking for a Legal Manager to manage legal matters related to insurance operations. The ideal candidate will have over 6 years of experience in the insurance industry, with a strong background in contract drafting and regulatory compliance. This role involves collaboration with various teams and regulatory bodies to ensure legal adherence and business support.

Qualifications

• 6+ years of progressive legal experience in the insurance industry, with 2 years in a tech-driven company.
• Proven experience in drafting and vetting a variety of contracts and agreements.
• Deep knowledge of IRDAI, broking, and health compliance frameworks in India.

Responsibilities

• Oversee legal matters related to insurance operations and regulatory compliance.
• Draft and review various legal agreements.
• Collaborate with internal teams for product launches and customer experience.

Skills

Contract drafting

Legal research

Negotiation skills

Interpersonal abilities

Education

Bachelor’s degree in Law (LL.B.)

Job description

About Even

Even is a Healthtech company on a mission to revolutionize the healthcare system in India by prioritising patients and doctors. We partner with top hospitals across the country to offer unlimited OPD and hospitalisation to our members, focusing on preventive healthcare and ensuring it is accessible and affordable. Our vision is to create a model of healthcare that empowers people to take charge of their health.

If you are passionate about changing the way healthcare works in India, Even is the place for you.

Key Responsibilities

• Oversee and manage all legal matters related to insurance operations, including regulatory compliance, product documentation, claims, distribution partnerships, hospitals, clinics, TPA, broking, and agency models.
• Draft, review, and vet a wide variety of agreements (distribution, SaaS, tech, partner, employment, customer, vendor, NDAs, etc.) to ensure company interests are protected and legal risks are minimized.
• Collaborate closely with internal business, finance, product, and technology teams to enable product launches, customer experience enhancements, and digital insurance innovations within regulatory boundaries.
• Act as a primary liaison with the Insurance Regulatory and Development Authority of India (IRDAI) and relevant regulatory bodies; manage regulatory filings and correspondence.
• Advise management on compliance requirements impacting insurance broking, agents, TPAs, hospitals, and clinics, and maintain an up-to-date compliance calendar covering all applicable statutes.
• Manage and resolve disputes, claims, litigation, and coordinate with external lawyers for efficient handling and closure of legal cases.
• Track legal and regulatory developments impacting the insurtech, healthtech, and insurance sectors, and proactively update policies and internal controls.
• Develop and deliver compliance training and legal awareness initiatives for employees and business partners.

Qualifications & Experience

• Bachelor’s degree in Law (LL.B.) from a recognized university;
• 6+ years of progressive legal experience preferably in the insurance industry (insurer, broker, TPA, or legal consultancy), with at least 2 years at a technology-driven company or startup.
• Proven experience in drafting and vetting a broad set of contracts and commercial agreements.
• Deep practical knowledge of IRDAI (insurance), broking, agency, TPA, and health compliance frameworks in India.
• Demonstrated experience in regulatory liaison, compliance audits, and handling legal aspects of partnerships with hospitals/clinics/TPAs/corporate agents.
• Having a company secretarial compliance knowledge is an added advantage.

Skills & Competencies

• Strong contract drafting, legal research, and negotiation skills.
• In-depth understanding of insurance and healthtech regulations.
• Excellent communication and interpersonal abilities for cross-functional collaboration and regulatory engagements.
• Ability to independently manage multiple priorities and respond to fast-moving business situations with pragmatic legal solutions.
• Strong ethics, analytical bent of mind, and commitment to compliance culture.