PHI - Manager- Legal Contract

Posted 3 Days Ago
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Bangalore, Bengaluru, Karnataka
Senior level
Financial Services
The Role
Manage procurement contracts by drafting, negotiating, and ensuring compliance with regulations while collaborating with cross-functional teams.
Summary Generated by Built In

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

At Prudential Health India (PHI), we are committed to revolutionizing the health ecosystem by bridging the health protection gap and delivering bespoke, empathetic experiences for our customers by adopting new technologies. As part of our dynamic startup team, we are seeking a Manager, Contracts with proven track record in procurement contracts, particularly in IT and technology domains, to play a pivotal role in supporting our mission of making Indians healthier. From contract negotiations to user experience, you will be supporting to create innovative solutions to complex startup business issues.

Contracts Manager  

*Key Responsibilities*

-    Draft, negotiate, and manage procurement contracts including IT service agreements, software licenses, vendor contracts, and NDAs to support PHI’s technology and operational goals.

-    Ensure compliance with applicable regulatory frameworks, including IRDAI guidelines and data protection laws.

-    Develop and maintain standardized templates and tools for procurement contracts to drive efficiency and consistency.

-    Provide strategic advice to internal stakeholders, identifying and mitigating risks while aligning with PHI’s business objectives.

-    Collaborate with cross-functional teams, including technology, procurement, and compliance, to address legal and operational needs effectively.

Minimum Qualification:i

  • JD, LL.B., or equivalent degree, or equivalent practical experience.
  • Capability to draft contracts in plain English is a must.
  • A minimum of 5 years of in-house experience in procurement contracts, particularly in technology companies or a mix of in-house and law firms.
  • Proven expertise in drafting and negotiating complex, high-value agreements with attention to detail and legal compliance.
  • Superior legal skills and business judgement in areas of responsibility.

Preferred qualities:

  • Working knowledge of insurance sector, consumer protection, contracts, and data protection laws in a technology-driven environment.
  • Familiarity with regulatory frameworks such as IRDAI and industry best practices in contract lifecycle management.
  • Proficiency in MS Office Suite and experience with contract management tools.
  • Demonstrated ability to work in a fast-paced, collaborative, and startup-like environment.

Location: Mumbai (full time on site role)

 

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Top Skills

Contract Management Tools
Microsoft Office Suite
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The Company
HQ: Central, Hong Kong
52,292 Employees
On-site Workplace

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.

Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.

We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information

Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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