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Great Eastern Sun

Legal Counsel

3-5 Years
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  • Posted 13 hours ago
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Job Description

  • Drafting, negotiating and reviewing legal agreements entered into by the Great Eastern group of companies (both life and insurance business), with a focus on IT and AI‑related agreements and initiatives (local and cross-border), including software licences, SaaS agreements, AI vendor contracts, system implementation, technology outsourcing, cloud services, and emerging AI‑related use cases ensuring alignment with internal risk appetite and industry best practices.
  • Support the development, review and revision of insurance products such as Accident & Health insurance products, including policy wordings, endorsements, marketing materials, and distribution documentation, in collaboration with product, marketing, and compliance teams.
  • Draft, review and provide legal advice on agency incentive schemes, commission structures, and remuneration frameworks, ensuring compliance with applicable laws and internal governance standards.
  • Advise on litigation and disputes, instructing external counsel where required, and manage internal reporting obligations on cases such as:
  • agency disputes, including disciplinary matters, termination issues, remuneration disputes, and conflicts arising from agency agreements, incentive schemes, or regulatory breaches, working closely with business and compliance teams.
  • claims‑related disputes, including coverage interpretation, policy liability issues, complaints escalation, and litigation support.
  • Monitor and keep abreast of regulatory developments, legal trends, and emerging risks relevant to technology, AI, insurance distribution, and claims handling, and proactively highlight potential legal and compliance issues to stakeholders.
  • Possess a law degree from a reputable university and are called to the Singapore Bar;
  • Have at least 3-5 years PQE at a law firm or as in-house counsel, preferably with insurance experience. Experience in drafting/negotiating IT contracts and/or general corporate/commercial/litigation experience will be considered an advantage;
  • Agile to changing demands and short timelines, depending on business needs;
  • Resourceful, possess strong inter-personal skills and able to work closely with business units to enable commercial objectives within a robust legal framework;
  • High level of integrity, takes accountability of work, and has a good attitude on teamwork; and
  • Able to work independently, with initiative to drive improvements and enhance existing processes.

How You Succeed

  • Champion and embody our Core Values in everyday tasks and interactions.
  • Demonstrate high level of integrity and accountability.
  • Take initiative to drive improvements and embrace change.
  • Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
  • Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who We Are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of AA- by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

To All Recruitment Agencies

Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

Work Locations

SG-GE Centre

Job

Legal

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About Company

Job ID: 149405491

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