Full Time Legal - Contract Management (Reinsurance Industry - $4.8K) Jobs, Salary up to SGD 4,000 in PERSOL SINGAPORE PTE. LTD. Central Region (Singapore) - Maukerja

Role Overview

This role comprises approximately 80% contract management and 20% legal support. You will be responsible for preparing, reviewing, maintaining, and administering reinsurance contracts to ensure accuracy, regulatory compliance, and consistency with internal standards.

Responsibilities:

Contract Drafting & Documentation

• Prepare, review, and maintain reinsurance contracts using approved templates and established documentation standards.
• Regularly review and update master contract templates (gold copies) to reflect evolving legal, regulatory, and business requirements.
• Assist in developing and implementing new standardised contractual templates, ensuring consistency across documentation.
• Maintain the quality, accuracy, and completeness of contractual documents throughout the contract management process.

Operational & Underwriting Support

• Provide contractual guidance and documentation support to operational stakeholders, including Underwriting and Sales teams.
• Draft, review, and customise regulatory clauses, complex contractual documents, and non-standard agreements upon request.
• Assess submitted documents for compliance with internal guidelines, approved templates, and relevant regulatory requirements.
• Identify and escalate deviations from standard contractual terms and potential regulatory or compliance concerns.
• Develop user guides, training materials, and conduct knowledge-sharing sessions to support operational teams where required.

Portfolio Transfers & Contract Lifecycle Management

• Provide contractual support for portfolio transfer activities and related transactions.
• Assist with transfer execution, including preparing novation agreements, supporting contractual negotiations, and coordinating the execution of signed documents.
• Ensure proper documentation, record-keeping, traceability, and compliance throughout the contract lifecycle.

Legal Support & Research

• Provide legal and contractual support on local Singapore matters and others in coordination with the Legal function.
• Research and analyse legal or regulatory matters arising from contractual activities and provide preliminary assessments.
• Assist in preparing, reviewing, and following up on legal documents and correspondence under the guidance of the Legal team.
• Recognise matters requiring formal legal advice and escalate them to the relevant legal specialists or senior stakeholders.

Process Enhancement & Contract Management Tools

• Support the development and maintenance of the contractual library (e.g., SharePoint or equivalent platforms).
• Identify opportunities to improve contract management workflows, including validation processes, document archiving, reporting, and audit preparation.
• Participate in the adoption and implementation of digital tools, including AI-enabled solutions, to enhance contract management efficiency and accuracy.

Team Collaboration & Knowledge Sharing

• Assist the Contract Management team with daily operations, administrative coordination, and ongoing activities.
• Contribute to internal knowledge-sharing initiatives and promote consistent working practices within the team.
• Provide guidance and support to junior colleagues or interns where appropriate.

Compliance, Governance & Risk Management

• Ensure contractual activities comply with internal policies, governance frameworks, and applicable regulatory requirements.
• Follow established internal control procedures and maintain accurate documentation to support audit and compliance requirements.
• Identify and escalate contractual discrepancies, legal or compliance risks, and process-related issues to senior team members, the Global Contract Management Lead, or the relevant Legal stakeholders.

Requirements:

• Bachelor’s degree in Law, Business, Finance, or a related discipline. A legal background would be an advantage.
• Relevant experience in contract management, legal documentation, or contractual support, preferably within the insurance or reinsurance industry.
• Familiarity with drafting, reviewing, and administering commercial or reinsurance contracts, including the use of standardised templates and contractual clauses.
• Understanding of contract lifecycle management, including contract execution, amendments, novation agreements, and portfolio transfers.
• Basic knowledge of Singapore legal and regulatory requirements, with the ability to identify contractual compliance issues and escalate legal matters appropriately.
• Good written and verbal communication skills, with the ability to collaborate effectively with internal stakeholders, including Underwriting, Sales, Operations, and Legal teams.
• Proactive and organised, with the ability to manage multiple priorities, work independently, and contribute to process improvement initiatives.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (Persol Singapore PTE LTD)

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