Assistant Manager- Contract Specialist

You are as unique as your background experience and point of view. Here youll be encouraged empowered and challenged to be your best self. Youll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day youll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals families and communities around the world.

Job Description:

About Sun Life

Sun Life is a leading international financial services organization providing insurance wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide Head Quartered in Canada. Other Location include the United States Ireland Business in Asia - Hong Kong Philippines Indonesia Singapore Vietnam Malaysia and Bermuda. Sun Life also operates its JV in India & India Sun Lifes presence in insurance and mutual fund market is in joint venture with Aditya Birla. This opportunity is with Sun Life India Service Centre Private Limited (well known as Sun Life Global Solutions India (SLGS India) an independent global capability centre providing solutions as a captive unit to the business partners within Sun Life group.

Position Summary:

The Legal function at SLGS India in 2019 embarked on its journey to establish itself as Legal Centre of Excellence by establishing two specialized verticals:

• Information Technology Contracting Centre (ITCC) aimed at providing legal process oriented solutions to the Sun Life group. Over the expanse of 5 years ITCC has been able to extend its expertise across business partners in Philippines Indonesia Hong Kong Vietnam and Canada. Also ITCC has embarked on its journey to include USA as well under its wings.

• Global Centre of Excellence aimed at providing end to end contract review process established for Group Benefits and Group Retirement Business of Sun Life Canada. The selected candidate shall be responsible for the end to end contract review process of the business partners from the insurance industry across geographies mentioned above and would be expected to be available till 11:00 PM to give overlap for any calls with the Canada team on need basis only.

This role will be based in Gurugram and shall be working in either of the two Centre of excellence mentioned above.

PRINCIPAL RESPONSIBILITIES

• Draft review negotiate and interpret several types of contracts pertaining to insurance industry entailing distribution marketing outsourcing consulting and strategy driven engagements including day to day commercial agreements with Sun Life clients for Pension and Benefits group such as: master services agreements IT security data protection agreements and any other related documents.
• Draft review and negotiate several types of contracts pertaining to insurance industry entailing distribution marketing outsourcing consulting and strategy driven engagements.
• Assist senior level contracting professionals in managing complex transaction work within a fast moving corporate environment with strong knowledge on legal issues related to contracts.
• Working with teams and legal heads in Canada Philippines Indonesia Vietnam Hong Kong and USA and create and maintain relationships with business partners and serve as the singular point of contact for matters concerning contracts.
• Maintain records for correspondence and documentation in relation to established contracts and those in progress.
• Monitor contracts and move forward with close-out extension or renewal keeping in mind Sun Lifes interests
• Solve any contract-related problems that may arise with other parties and internally with the company itself.
• Structure client transactions to be most advantageous from a contracting and business perspective.
• Advise and consult company professionals based on accurate interpretation of contract documents and the facts of a business opportunity.
• Understanding of the statutory and regulatory framework for insurance and non insurance domain prevalent in India Canada Philippines Indonesia Hong Kong Vietnam and USA.
• Support the development of internal guidelines toolkits and packaged knowledge capital on various legal and business issues including reporting tools to identify trends and forecast work volume.
• Educate company professionals in regard to contracting and risk management issues.
• Represent the companys interests and interface directly with client negotiating teams.
• Experience in handling contract management software.
• Track non- standard provisions and agreed to deliverables.
• Develop and maintain a process to work with the business when major incidents occur (privacy security system outages etc.) to provide detailed information on contractual commitments.
• Keep up to date with contract management best practices

Job Category:

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