LEGAL ASSOCIATE ,INSURANCE INDUSTRY (MUMBAI, KOCHI) OFF ROLL

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LEGAL ASSOCIATE ,INSURANCE INDUSTRY (MUMBAI, KOCHI) OFF ROLL

4 Nos.
38745
Full Time
2.0 Year(s) To 4.0 Year(s)
1.80 LPA TO 2.16 LPA
Legal & Regulatory / Company Secretary
Insurance
LLB - Law; LLM - Law
25th Mar, 2022
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Job Description:
Experience
experience in General Insurance Co. Legal Team
Must have handled Motor third party claims
Capabilities
Candidate must have 
 - Strong communication & coordination skills
- Ability to engage with External Advocates & stakeholders within the Company
- in-depth market knowledge w.r.t. Court procedures and local practices
- Ability & passion to drive the performance to achieve the set objectives
- Analytical mindset
- Need to know local language – ie. Kannada.  Knowledge of Telugu will be an added advantage
- Conversant with system – MS Office
Job Description
·         Handle Motor third party claims for particular states
·         Drive TP claim settlement before Courts / Lok Adalat
·         Interact with External Counsels to brief them to present the Company’s defense effectively before the Courts.
·         Review the performance of Advocates
·         Conduct periodic review and monitor the claims.
·         Work out a litigation strategy for the regions handled to enable proper decision making
·         Review of high value TP claims handled for reserve adequacy and effective defense
·         Handle litigations against company before Consumer Commissions
Key Skills :
Company Profile

In business since 1912, and headquartered in Boston, Mass., Today we are a leading global insurer with operations in 30 countries and economies around the world. We are the third largest property and casualty insurer in the U.S. based on 2017 direct written premium data as reported by the National Association of --- Commissioners. We also rank 68th on the Fortune 100 list of largest corporations in the U.S. based on 2017 revenue. As of December 31, 2017, we had $39.4 billion in annual consolidated revenue. We employ more than 50,000 people in over 800 offices throughout the world. We offer a wide range of --- products and services, including personal automobile, homeowners, commercial multi-peril, property, --- liability, commercial automobile, surety, workers compensation, specialty lines, and re---.

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