Vice President Legal Affairs (Property and Casualty )
Daman - National Health Insurance CompanyJob Description
Core Responsibilities - Provide strategic and operational legal advice to business units, supporting the Property and Casualty insurance portfolio in alignment with organizational objectives. - Support the SVP, Legal Affairs by preparing legal opinions, recommendations, and analyses on complex legal, regulatory, and governance matters. - Escalate material legal risks, high-value disputes, and sensitive regulatory matters to the SVP with clear options and risk assessments. - Ensure ongoing compliance with UAE laws, insurance regulations, and internal policies applicable to the P&C business. - Implement and operationalize legal policies, frameworks, and governance standards approved by senior legal leadership. - Support regulatory inspections, inquiries, and reporting requirements in coordination with the SVP, Legal Affairs, preparing legal reports, risk assessments, and compliance updates for executive management and the board. - Provide legal oversight across P&C underwriting, claims, product development, policy wordings, and distribution arrangements. - Review, negotiate, and approve contracts, broker and TPA agreements, and reinsurance documentation within delegated authority levels. - Support business initiatives by identifying legal risks and contributing to compliant and commercially sound solutions. - Manage litigation, arbitration, and claims disputes within approved legal strategies and budgets. - Coordinate fraud-related legal actions and recovery efforts in collaboration with relevant internal functions. - Oversee external counsel performance, ensuring timely reporting and escalation of critical matters to the SVP. - Identify and assess legal and regulatory risks across assigned business areas, ensuring legal input is integrated into business decisions, new initiatives, and operational changes. - Manage day-to-day legal operations to support business timelines and priorities, monitoring external legal spend and reporting variances to the SVP, Legal Affairs. - Train, mentor, and support the professional development of Legal Affairs team members, promoting UAE national workforce integration within the team. Quality & Excellence Management - Contribute to enterprise risk management and internal control processes, including legal risk reporting. - Conduct performance evaluations to ensure professional development and operational excellence within the Legal Affairs team. - Drive continuous improvement in legal processes, documentation standards, and service delivery. - Encourage cross-department collaboration to enhance legal service efficiency and corporate compliance initiatives. Qualifications & Experience - Bachelor's degree in Law or a related field. - Master's degree in Law or a related field. - Certified UAE Legal Consultant Registration, Certified Compliance & Ethics Professional (CCEP), or equivalent, is a plus. - A minimum of 12+ years of experience in legal affairs, including at least 5 years within an insurance company.
Similar jobs
- Vice President Technology Infrastructure & Service Operations - Emirati Talent
Commercial Bank International · Sharjah Emirate, United Arab Emirates
- Vice President - Commercials
Aldar Education · Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
- Vice President - Business Development
Arada · Dubai, Dubai, United Arab Emirates
- Vice President – Compliance
United Arab Emirates
- Vice President – AML Investigations & RRU
Mashreq · United Arab Emirates
- Vice President, Internal Audit
Atlantis Resorts · Dubai, Dubai, United Arab Emirates