Job Description
Income Insurance Limited is seeking a proactive and detail-oriented Contract Manager / Legal Counsel to join our in-house legal team in Singapore. You will play a critical role in advising on contract risk, negotiating with counterparties, and maintaining compliance across our insurance operations. This role offers the opportunity to shape contract standards, oversee a panel of external law firms, and partner with business units to drive efficient deal execution while safeguarding the company’s interests.
As the Contract Manager, you will manage the end-to-end contract lifecycle, from intake and drafting to execution and renewal. You will ensure terms align with regulatory requirements and company policy, monitor service level agreements with panel lawyers, and provide timely, practical legal guidance on insurance products, claims handling, and policy terms. The ideal candidate combines strong drafting and negotiation skills with a client-focused mindset and the ability to manage multiple priorities in a fast-paced environment.
Join a collaborative Legal team dedicated to integrity, compliance, and risk management in Singapore’s dynamic insurance landscape. If you are ready to contribute to sustainable business growth while maintaining high professional standards, we want to hear from you.
Responsibilities
- Draft, review, and negotiate a wide range of contracts and amendments for Insurance products, distribution agreements, vendor engagements, and service providers.
- Manage the contract lifecycle, including intake, risk assessment, approval routing, execution, counterparty negotiations, renewals, and terminations.
- Oversee and coordinate with external panel law firms, monitor performance against SLAs, budgets, and quality standards.
- Provide pragmatic legal advice on regulatory compliance, insurance laws, data privacy (PDPA), and corporate governance relating to contracts.
- Collaborate with business units to implement standard contract templates, playbooks, and risk controls across the organization.
- Identify and mitigate contract risks, escalating material issues to senior management with clear recommendations.
- Maintain contract records with robust version control, reporting, and audit trails.
- Support disputes handling, claims processes, and policy interpretation where contracts are implicated.
Qualifications
- Bachelor of Laws (LLB) or equivalent; admission to the Singapore Bar is preferred.
- 5+ years of progressive experience in contract management or in-house legal within the insurance or financial services sector.
- Strong contract drafting and negotiation skills with attention to regulatory and risk considerations.
- Solid knowledge of Singapore contract law, insurance regulations, and data privacy (PDPA).
- Experience managing relationships with external law firms and a panel of counsel; familiarity with SLAs and budgeting.
- Proficiency with contract lifecycle management tools, document management systems, and MS Office Suite.
- Excellent written and verbal communication, collaboration, and stakeholder management across cross-functional teams.
- Ability to manage multiple priorities, work independently, and deliver practical, business-focused legal guidance in a fast-paced environment.