Legal Advisor

2 weeks ago

Parktown, South Africa Rand Mutual Assurance Full time

The legal advisor will support the RMA Life business with managing legal risks and providing sound legal advice.

KEY STANDARDS
- Timeous handing of work assigned
- Attention to detail
- High level of precision and attention to detail

**LIST OF CRITICAL OBJECTIVES**
- Provide appropriate, proactive legal advice through the interpretation of regulation, acts and other appropriate standards and policies.
- Interpret all new legislation and regulation and prepare high level impact analyses.
- Identify, evaluate and advise on potential current or future legal risks.
- Draft and review contracts to ensure that the contracts entered into by RMA Life are effectively drafted, reviewed, interpreted, and vetted in accordance with contract management processes and applicable legislation.
- Provide legal opinions on all matters as instructed.
- Litigation management.
- Conduct legal research and analyse the implications of case law, legislation and regulatory matters that affect the company.
- Keep abreast of new legislation and regulatory changes.
- Draft policy wording in respect of life insurance products offered by RMA Life.
- Review and sign off customer facing material as applicable.
- Provide training as required.
- Assist and advise on complaints and queries from the Ombudsman / Financial Sector Conduct Authority / clients / brokers where matters are escalated to Legal.
- Drafting of legal documents as requested.
- Provide regular reports on regulatory issues affecting RMA Life.
- Draft department activity reports.
- Liaise with attorneys.
- Instruct and draft briefing material for external legal service providers.
- Assist legal manager with implementing internal legal processes and controls.
- Assist the department with any other ad hoc legal matters.

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