Internship: Legal Advisor - Sandton, South Africa - Discovery Ltd.

Discovery Ltd.

Verified Company

Sandton, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

InternshipSHIP

Description

Business Unit:
Discovery Central Services
Function:Legal Affairs
Date:4 Sep 2023- Discovery - Employee Benefits
Legal Advisor Internship
About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fastpaced and dynamic environment enables smart, selfdriven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Discovery Employee Benefits
Discovery Employee Benefits is the first and only employee benefits provider to be shaping employee behaviour, creating healthier and wealthier workforces. It is an exciting business to be in as we reimagine the way retirement savings and life insurance is brought to companies and employees.
Key Purpose
The successful applicant will be responsible for ensuring the highest quality legal advice and assistance is made available to Discovery Employee Benefits in the most efficient way. To represent Discovery in legal matters before the Ombudsman for Long-Term Insurance and Ombudsman for Short-Term Insurance.
Areas of responsibility may include but not limited to
Provision of legal advice and assistance relating to:
design of products for Discovery Employee Benefits

- drafting and vetting of legal contracts and marketing material

Participation in claims decisions for Discovery Life and Discovery Insure
Liaison with the relevant Financial Industry Bodies
Represent Discovery in legal matters before the Ombudsman for Long-Term Insurance and Ombudsman for Short-Term Insurance
Provision of Product Education and support to Financial Service Providers
Ensuring that business is advised of any legal or regulatory changes
Preparing and finalizing agreements of a commercial nature in liaison with contracting parties
Delivering outputs within acceptable timeframes, manage external Legal Counsel, Competencies to work with Legal Counsel at Group Level
Oversee that all drafted contracts and policy documents are in line with legislation and compliant with legislative requirements
Oversee the general day to day functions within the legal division and make certain that all processes and documents are aligned and compliant
Attend to all correspondence or queries from the Industry Ombudsman or Regulators timeously
Providing holistic solutions to internal and external clients
Manage compliance and risk in company policies and procedures of the business

Personal Attributes and Skills

Deciding and initiating action
Working with People
Persuading and Influencing
Presenting and Communicating Information
Writing and Reporting
Analysing
Learning and Researching
Planning & Organising
Delivering Results and Meeting Customer Expectations
Adapting and Responding to Change
Coping with Pressure and Setbacks
Excellent legal writing skills, with particular emphasis on contractwriting
Strong legal drafting and negotiating skills
Knowledge of Regulatory requirements
FAIS, FICA, Long Term Insurance Act, Short Term Insurance Act
High level of knowledge of Financial Services Industry legislation and regulations
Drafting & vetting of contracts and related documentation for insurance products

Education and Experience

LLB / BDegree in Law
Proficient on MS Office. Computer literacy essential specifically Microsoft Word & PowerPoint and Excel
EMPLOYMENT EQUITY

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.