Legal Advisor

6 days ago


Parktown, South Africa Rand Mutual Assurance Full time

THE JOB AT A GLANCE

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

WHAT WILL YOU DO?
- 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.
- Assist and provide guidance on the implementation of legislation affecting RMA Life.
- 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.

WHAT YOU'LL BRING TO THE TABLE?
- Legal Degree
- Admitted attorney of the High Court (Advantageous)
- 4 - 5 years working experience in legal in the Life Insurance Industry.

Knowledge and Skills
- Practical knowledge and understanding of applicable insurance and related legislation particularly in the life insurance industry (and specifically the Insurance Act, Long-term Insurance Act, PPR, FAIS Act, FIC Act, POPI and FSR Act).
- Ability to interface with clients and staff.
- Excellent verbal communication and writing skills.
- Ability to work under pressure and meet deadlines.
- Good presentation skills and ability to interact with senior management.
- Experience in drafting Legal documents.
- Articulate and able to work with all levels of the Company.
- Able to work independently and under pressure.
- High level of precision and attention to detail.

WHAT WILL YOU GET IN RETURN?
We offer great opportunities for personal and professional development in a stable company that’s 130 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.

Turnaround time

Our Commitment to transformation:

- Legal Degree
- Admitted attorney of the High Court (Advantageous)
- 4 - 5 years working experience in legal in the Life Insurance Industry.

Knowledge and Skills
- Practical knowledge and understanding of applicable insurance and related legislation particularly in the life insurance industry (and specifically the Insurance Act, Long-term Insurance Act, PPR, FAIS Act, FIC Act, POPI and FSR Act).
- Ability to interface with clients and staff.
- Excellent verbal communication and writing skills.
- Ability to work under pressure and meet deadlines.
- Good presentation skills and ability to interact with senior management.
- Experience in drafting Legal documents.
- Articulate and able to work with all levels of the Company.
- Able to work independently and under pressure.
- High level of precision and attention to detail.


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