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    • Legal Specialist - Centurion - AVBOB

    AVBOB
    AVBOB Centurion

    2 weeks ago

    Default job background
    Description

    Job Title: Legal Business Partner

    • As a Legal Business Partner, you will provide comprehensive legal support to the business unit, including stakeholder management and developing a detailed knowledge of the products, channels, and features of the business unit.
    • You will require minimal supervision and direction in providing professional support to the business unit while maintaining collegial relations with the rest of the Legal Department.
    • Your responsibilities will include producing written legal opinions when requested, undertaking research, and keeping fully abreast of legislative developments to serve the needs of the business unit.
    • You must ensure that the advice provided is aligned with the overall strategic direction of the Group and with the risk appetite of the Group.

    Key Responsibilities:

    • You will keep abreast of applicable laws, rules, standards, and new developments applicable to the allocated industry.
    • You will interpret laws, rulings, and regulations and ensure that legal documents and other contractual documents are effectively drafted, reviewed, interpreted, and vetted.
    • You will advise on/review/prepare legal contracts, documents, briefs, and opinions.
    • You will enable the company to comply with all relevant local, national, and international laws and regulations by reviewing, interpreting, and advising on the relevant laws.
    • You will provide input into the design and approval of new and existing products by reviewing, advising, and identifying legal and regulatory opportunities or gaps.
    • You will assist departments in reviewing and updating company policies to reflect changes in legislation by providing the necessary legal advice and input.

    Contract Management:

    • You will draft, review, and negotiate various complex commercial agreements, service contracts, policy documents, and vendor agreements.

    Risk Management:

    • You will research and analyze implications of case law, legislation, and regulatory matters that would affect the BU and report them to the Manager: Legal Services.
    • You will provide proactive legal risk management by identifying areas of improvement and gaps that pose legal risks for the BU and advise on mitigating them.
    • You will assist and support the Manager: Legal with developing legal strategies to manage and mitigate identified legal risks.
    • You will provide input into the necessary reports for the Manager: Legal to report on risk matters, litigation cases, and agreements for Senior Management.

    Dispute Resolution:

    • You will represent the company in negotiations, mediation, arbitration, and litigation led by external legal counsel.
    • You will provide initial civil and commercial litigation advice, under the guidance of the Manager: Legal and Secretarial, after proper research of precedents and interpretation of legal records such as legislation and case law.
    • You will liaise with external legal counsel when needed, ensuring cost-effective legal service delivery with the approval of the relevant general manager or executive.

    Requirements:

    • You must have a Bachelor of Laws (LLB) degree from a recognized university.
    • You must be admitted as an attorney or advocate in South Africa.
    • You must have a minimum of 5-7 years post-admission experience in a legal role, within the insurance and financial services industry.
    • You must be proficient in MS Office and legal research tools.
    • You must have an excellent command of English; proficiency in Afrikaans or other South African languages is an advantage.
    • You must have experience in insurance law and the regulatory environment specific to South Africa.
    • Litigation Experience is advantageous.
    • Involvement in product developments is advantageous.
    • Previous experience overseeing a legally qualified subordinate is advantageous.

    Estimated Salary: $120,000 - $180,000 per annum

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