Summary: The Legal Manager will lead the legal and compliance functions for an international insurance firm, providing strategic legal guidance and ensuring adherence to regulatory standards in Hong Kong. This role requires a candidate with 3-5 years of post-qualification experience in insurance law and a strong grasp of the local regulatory environment. The position is available on a renewable contract basis, with a preference for candidates who can start immediately.

Responsibilities:

• Provide legal advice to senior management and business units on insurance policies, contractual matters, ensuring alignment with Hong Kong's Insurance Ordinance and regulations
• Draft, review, and negotiate a range of contracts, including insurance policies, reinsurance agreements, vendor contracts, and partnership deals, mitigating legal and commercial risks
• Ensure compliance with regulations set by the Insurance Authority (IA), including licensing, solvency, and reporting requirements, while staying abreast of legal and regulatory updates
• Identify, assess, and mitigate legal and compliance risks related to underwriting, claims, and customer interactions, collaborating with risk management teams
• Advise on corporate governance, ensuring compliance with statutory requirements for board operations, key personnel, and control functions as mandated by the IA
• Manage legal disputes, claims litigation, and regulatory investigations, coordinating with external counsel or representing the firm in arbitration/mediation as needed
• Develop and maintain internal policies on data protection
• Coordinate with legal teams across jurisdictions to align strategies and address cross-border legal issues, particularly in mainland China and the Asia-Pacific region
• Serve as a key liaison with regulators, auditors, law firms, and industry bodies (e.g., Hong Kong Federation of Insurers), preparing legal documentation for inquiries or audits
• Report to senior leadership on legal risks, compliance status, and strategic recommendations, balancing legal precision with business objectives

Key Skills:

• Law degree from a recognized institution and qualification to practice in Hong Kong or a common law jurisdiction
• Minimum of 3-5 years of post-qualification experience, with a focus on insurance law and regulatory compliance in a multinational setting
• In-depth knowledge of Hong Kong's insurance regulations, corporate governance, and data privacy laws
• Fluency in English and Cantonese required; proficiency in Mandarin highly desirable
• Proven ability to manage cross-jurisdictional legal matters and collaborate with global teams
• Excellent analytical, communication, and leadership skills, with a strategic and commercial mindset

Salary (Rate): 75000

City: Hong Kong

Country: Hong Kong

Working Arrangements: Hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Legal