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About:
ACKO, launched in 2016, is a tech company which is solving real-world problems for customers, starting with insurance. They are India’s first digital-native insurer and have meaningfully redefined the insurance category.
As a new-age brand, ACKO has brought the customer into the focus with fair pricing, convenience, and superior customer experience.
ACKO was founded by Varun Dua and Ruchi Deepak. Varun is a serial fintech entrepreneur who has had extensive experience in the insurance industry spanning over two decades. Prior to this, he was CEO and Co-Founder of Coverfox Insurance Broking. Ruchi has worked in financial services in Mumbai and London with organizations such as Franklin Templeton and venture capital firm Matrix Partners.
ACKO is targeted in its approach and operates in the Auto insurance, Embedded Insurance (bite-sized contextual coverages like mobile insurance), and Health Insurance sectors.
As a customer-first company serving the digitally savvy, ACKO’s value proposition of ‘Welcome Change’ highlights the offerings of the company that make insurance simple and hassle-free. With features such as zero commission, zero paperwork, instant renewal, same-day claim settlements, and app-based updates on claims, ACKO is a ‘Welcome Change’ from traditional insurers. The company has pioneered the D2C model for insurance in India and empowers customers to choose the right product based on their requirements at the best price, at the click of a button with zero paperwork.
ACKO has recently raised USD 450+ million to date and are backed by private equity majors such as General Atlantic and Multiples private equity, top venture capitalists such as Accel, Elevation, and Lightspeed Multiples, along with Amazon, Canada’s largest Pension Fund (CPPIB) amongst others.
The company has grown at a CAGR of 88% in the last 4 years, served 75+ million customers and has issued ~900 million policies till date.
Role:
Associate Director- Legal
Qualification:
- LLB/ LLM (desirable) from an accredited law school with 8-10+years of experience overall experience
- Sound knowledge of laws and regulations applicable to the industry.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to prioritize and manage multiple tasks in a fast-paced environment.
- Ability to deliver high-quality work under deadlines with attention to detail and a high level of accuracy in work.
- Ability to draft clear, professional and legally robust correspondence, contractual documentation, policies and other documentation.
- Proven ability to work independently and collaboratively as part of a team.
- Strong interpersonal skills and the ability to build and maintain effective relationships with internal and external stakeholders.
Responsibilities:
- Provide legal advice and guidance to internal stakeholders on a wide range of legal issues, including contracts, corporate governance, intellectual property, employment law, and regulatory compliance.
- Review, draft, and negotiate various legal agreements, including but not limited to contracts, leases, licenses, and confidentiality agreements.
- Conduct legal research and analysis to stay updated on relevant laws, regulations, and industry trends impacting the organization.
- Assess legal risks and provide recommendations to mitigate potential liabilities.
- Collaborate with external legal counsel, as necessary, to handle complex legal matters.
- Assist in developing and implementing internal policies and procedures to ensure legal compliance.
- Participate in contract management and ensure proper documentation and record-keeping.
- Stay abreast of changes in laws and regulations that may affect the organization and provide proactive advice and training to internal teams.
- Manage and resolve legal disputes, including potential litigation matters.
- Conduct legal due diligence for potential partnerships, acquisitions, or other strategic initiatives.
- Provide legal support for corporate transactions, such as mergers, acquisitions, and joint ventures.
- Collaborate with cross-functional teams, including finance, human resources, and operations, to ensure legal compliance across the organization.
How to apply:
Interested candidates can Apply here
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