Senior Manager: Legal, Compliance and Risk

2 weeks ago


Johannesburg, South Africa Hollard Recruitment Full time

**Job Advert Summary**:
Hello an exciting new opportunity has just become available in Hollard Group Risk, in our Legal, Compliance and Risk area. We are looking to recruit a Senior Manager: Legal, Compliance and Risk

Key Outputs:
Management of the team

Ensure that the legal, compliance and risk team are aware of their specific roles and responsibilities

Assist with the development plan for each member of the legal, compliance and risk team

Provide guidance and ensure there is skill transfer within the legal, compliance and risk team

Policy wording and Communication templates

Assist with maintaining and drafting of all policy documentation

(HGR, partner and new partners):
Master policies

Policy schedules

Policy endorsements

Review communication templates, forms, and disclosures

Internal and external communication i.e., letters, fact sheets, forms

Disclosure documents to ensure compliance with relevant legislation

Assist with member communication and partner communication

Compliance Processes (ex gratia, complaints, intermediary accreditation, FICA)

Ensure that the various processes are aligned with the required legislative and regulatory requirements

Assist with providing legal, compliance and risk support on any queries relating to these processes

Assist with reviewing legal responses that are required for complaints and FICA

Intermediary and partners

Ensure sufficient oversight over partners and intermediaries

Engage with partners on any compliance issues that may arise

Assist with process changes required with the implementation of legislative and regulatory requirements

Ensure important changes are communicated to partners and intermediaries

Legal Agreement and Opinions

Assist business with drafting of legal agreements

Assist with negotiating clauses in legal agreements to ensure the best outcome for HGR

Provide legal opinions to business

Governance and Forensics

Assist with developing and implementing a governance framework (structure, committee terms of reference) in HGR

Assist in engagement on forensics matters and providing opinions

Engage with third party providers on forensic matters

Regulatory Updates and Implementation

Keep abreast of changing legislation

Communicate changes in legislation to business

Assist with regulatory implementation within business

Combined Assurance and enterprise risk management

Assist with developing an enterprise risk framework with HGR

Review and risk rate the processes in HGR through control self-assessments

Identify controls and test adequacy of the controls

Assist with managing the risk committee engagements***

Compliance Monitoring

Develop and maintain a first line compliance monitoring plan

Engage with business on reviews and results

Ensure adequate reporting is in place

Reporting and Regulatory Engagement

Ensure sufficient reporting to Exco and the Board

Assist with regulatory reporting

Engage with the FSCA and PA on behalf of HGR

Providing training to HGR staff and partners regarding compliance processes

Provide training to HGR staff and partners regarding new legislation and regulations

**Required Knowledge and Experience**:

- 5 years experience in the Insurance Industry
- 5 years experience within the Life/Group Risk area
- Strong written and verbal communication
- Strong, Legal, Risk and Compliance background
- Strong Negotiations skills
- Ability to work under pressure
- People Management skills
- Team Player

**Educational Requirements**:

- LLB Degree or BCom Law
- Admitted Attorney



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