A market leading general insurance company is looking to recruit a new Head of Legal & Compliance to join their Indonesian team. Based in Jakarta, and reporting to the President Director, the successful candidate will work directly with senior leadership, regulators and cross-functional teams across the Asia region
About the Head of Legal & Compliance:
A wide range of day-to-day responsibilities could include:
- Serve as the primary legal advisor to the leadership team and boards of directors and commissioners on all legal matters, and generally oversee all legal matters relating to the Indonesia business
- Providing timely and pragmatic advice across multiple areas including regulatory, corporate, commercial, data privacy, employment, insurance, distribution and product development
- Draft, review and negotiate a broad range of commercial agreements including partnerships, vendors, distribution arrangements and product/ policy documentation
- Manage disputes, regulatory inquiries and law enforcement requests, including strategy oversight of external counsel if needed and cost control
- Assess new business initiatives for regulatory implications and operational impact
- Monitor and advise on legal/ regulatory changes, governance expectations and legal risks
- Ensure full compliance with local law/ regulatory requirements relating to, amongst others, financial services/ insurance, AML/ CFT, sanctions, consumer protection, conduct risk, data privacy and governance
- Act as the key point of contact for regulators, law enforcement and industry associations
- Serve as corporate secretary for our entities in Indonesia, supporting board governance, entity management, statutory filings and corporate secretarial activities
- Partner with the Risk and Internal Audit teams to ensure a robust risk management and control framework
The successful candidate will be a qualified lawyer (desirable) with at least 10 years of post-qualification experience in insurance industry (desirable)
Skill and experience needed:
- Strong knowledge of insurance laws/ regulations of Indonesia
- Proven track record in dealing with regulators or supervisory authorities
- Strong communication skills with the ability to influence, challenge and collaborate across cross-functional, cross-jurisdictional teams.
- Excellent judgment with a pragmatic, solutions-focused approach to legal and compliance issues.
- Exposure to high-growth or digital-first businesses will be an advantage but is not required
This is an excellent opportunity to help shape the future in building SE Aia's biggest digital general insurer. Apply now to learn more!
HyreWise is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees
