Sonali Life Insurance Company Limited
Sonali Life Insurance Company Limited
Sonali Life Insurance Company Limited
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Summary
- Vacancy: 1
- Location: Dhaka (Malibagh)
- Salary: Negotiable
- Experience: At least 8 years
- Published: 17 Nov 2024
Requirements
Education
- Master of Law (LLM)
- Minimum 8 years of experience in legal practice, with a focus on life insurance law, compliance, and related legal affairs.
- Must be an advocate, registered with the Bangladesh Bar Council.
- Strong knowledge of Bangladeshi labour law and regulatory frameworks in the insurance sector.
- Proven experience in handling complex legal and compliance issues in the corporate environment.
- Excellent communication and interpersonal skills, with a strategic mindset and attention to detail.
Experience
- At least 8 years
- The applicants should have experience in the following business area(s):
Banks, Insurance, Law Firm, Financial Consultants
Responsibilities & Context
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Provide expert legal advice on matters related to life insurance operations.
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Interpret and apply laws, regulations, and guidelines relevant to the life insurance sector.
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Advise on legal risks and strategies for mitigation.
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Develop and implement compliance policies and procedures to ensure the company meets all legal and regulatory requirements.
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Monitor changes in relevant laws and regulations and update compliance practices accordingly.
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Ensure adherence to the compliance framework for life insurance operations.
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Liaise with regulatory bodies, such as the Insurance Development and Regulatory Authority (IDRA) and other government authorities.
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Prepare and submit required reports and documentation to regulators.
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Represent the company in legal proceedings and handle correspondence with regulatory bodies.
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Draft, review, and negotiate legal contracts, agreements, and documentation related to life insurance services.
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Oversee the management of company contracts and ensure compliance with contractual obligations.
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Supervise and coordinate litigation and dispute resolution, representing the company in court if necessary.
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Collaborate with external counsel as required to handle complex legal cases.
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Conduct internal compliance audits and ensure corrective actions are taken as needed.
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Provide training to company staff on legal and compliance matters, including updates on regulatory changes.
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Ensure compliance with Bangladesh Labour Law, including handling employment contracts, employee relations, and dispute resolution.
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Advise on employment law and workplace policies.
Compensation & Other Benefits
- Mobile bill, Provident fund, Weekly 2 holidays, Insurance, Gratuity, Over time allowance
- Salary Review: Yearly
- Festival Bonus: 2
Workplace
Work at office
Employment Status
Full Time
Job Location
Dhaka (Malibagh)