Legal Advisor (Insurance) Featured

A well known short term insurance services company based in JHB North is looking for a Legal Advisor to provide an effective legal service to the company and conduct legal research, provide legal impact analysis and advice to ensure awareness on new laws.

KEY RESPONSIBILITIES

• Provide and/or facilitate delivery of legal advice, guidance, and support to enable the business to achieve its business imperatives
• Draft legal opinions, memoranda, and other related legal documents
• Identifying, advising on, and evaluating legal risk
• Supporting and enabling the business to develop policies and procedures to effectively manage the legal risks identified
• Providing pro-active support and innovation in the structuring of all internal and external partnerships to ensure compliance with legislation
• Reviewing and signing off policy wordings and other related documents as requested by the business
• Managing litigation processes by briefing and appointing attorneys in litigation matters and facilitating the defending or settling of litigation matters
• Researching and analysing the implications of case law, legislation, and regulatory matters
• Managing outsourcing legal services in terms of engagement with external Attorneys and managing legal costs by being proactive in assessing legal matters
• Manage the delivery of litigation support to the business and manage legal costs by being proactive in legal matters.
• Draft and conclude SLAs with external Attorney’s that are on Sasria’s panel to ensure that sound, accurate and cost- effective legal advice is received.
• Research and remain up to date with all legislative developments and advise business on aligning changes to business imperatives.
• Provide detailed Monthly Progress reports as requested.
• Manage an effective diary system.
• Negotiate settlement of claims with all relevant stakeholders/Agent companies
• Maintain a schedule of all claims that have been escalated to Legal by updating the status of such claims
• Review and provide advice on new products and services.
• Legal Research & Training
• Compliance with the legal Framework as it relates to contracts and other related matters
• Maintain a register and schedule of all contractual matters.
• Contract register to be reviewed and signed off by Senior Governance Manager and Executive Manager.
• Development of policies and procedures

MINIMUM QUALIFICATIONS & EXPERIENCE REQUIRED

• Grade 12 plus LLB or equivalent Legal Qualification
• Admitted attorney
• 3-4 years post admission experience
• At least 3 years post admission experience in claims litigation, Short-term insurance and contract drafting (non-Negotiable).
• Knowledge of and the ability to interpret the Short-Term insurance Act, Insurance Act, Financial Sector Regulations Act, PFMA, Treasury Regulations and FAIS etc.
• Knowledge and experience of Companies Act
• Sound knowledge of claims principles as well as claims management.
• Knowledge of short-term insurance products (advantageous).

If you meet the requirements and are interested please submit your updated CV to portia@boikagogroup.co.za