Legal Counsel
Legal Counsel
Transamerica Life Bermuda3-5 Years
- Posted 18 hours ago
- Be among the first 10 applicants
Job Description
Job Summary
Provide practical, commercially focused and timely legal and regulatory advice to support the Company's insurance business and operations in Singapore.
Responsibilities
- Support the development, launch and enhancement of insurance products and high-net-worth solutions by identifying, assessing and advising on legal and regulatory considerations. Review policy documentation, policyholder correspondences, and Company disclosures, working closely with other business stakeholders throughout the product lifecycle.
- Draft, review and assist in the negotiation of a broad range of commercial agreements, including distribution agreements, collateral assignment documentation, cross-border asset transfer documentation, powers of attorney, custodian agreements, investment management agreements and other business contracts. Maintain and update templates on a regular basis.
- Assist in identifying, assessing and managing legal, contractual and regulatory risks arising from the Company's business activities, products, services and distribution arrangements.
- Review marketing materials, advertisements, external communications and other customer-facing materials to ensure compliance with all applicable legal and regulatory requirements.
- Provide legal support to business stakeholders across product, distribution, underwriting, claims and operation functions on a day-to-day legal and regulatory matters.
- Collaborate closely with Compliance and other stakeholders to interpret, implement and operationalise new legal and regulatory requirements in Singapore and, where relevant, other jurisdictions.
- Coordinate and manage multiple legal matters and where necessary, stakeholder reviews concurrently, coordinating legal reviews, approvals and implementation activities to support the timely delivery of business initiatives.
- Support the engagement and management of external counsel when required, including coordinating information requests, scoping legal issues, formulating key legal questions and reviewing external legal advice.
- Collaborate with regional and local stakeholders on cross-functional projects involving insurance products, with particular focus on high-net-worth insurance solutions, asset management structures, trust arrangements, cross-border distribution initiatives.
- Assist business stakeholders in identifying, mitigating and managing legal and regulatory risks while supporting the achievement of the Company's commercial objectives.
- Provide support to senior member of the Company's legal team on an ad hoc basis, as delegated from time to time.
Requirements
- Bachelor of Laws (LLB) or equivalent law degree and qualified to practice law in a recognized common law jurisdiction.
- Minimum 3 years post-qualification experience, preferably experience in the high-net-worth insurance, private wealth, banking, trust or asset management matters would be advantageous.
- Strong legal drafting, contract review and negotiation skills, with the ability to identify and analyse legal and regulatory risks effectively.
- Commercially minded with strong business judgment and an appreciation of practical business considerations.
- Demonstrate a high degree of ownership, initiative, analytical capability and attention to detail, with the ability to manage multiple matters and competing priorities.
- Self-motivated, adaptable and collaborative team player with solution-oriented approach to problem solving.
- Excellent interpersonal, communications & presentation skills.
- Ability to interface effectively with internal stakeholders and external professional partners across different jurisdictions, functions and cultures.
- Able to work independently while knowing when to seek guidance and escalate issues appropriately.
Interested candidates are invited to submit the application with detailed resume stating educational background, working experience, current and expected salaries and contact number.
Your application will be treated in strict confidence. Only shortlisted candidates will be notified.
Personal data collected will be used for recruitment purposes.
Personal data of unsuccessful applicants may be retained up to two years only.



