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  • Posted: Oct 25, 2023
    Deadline: Not specified
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  • Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...

     

    Executive Head: Corporate Legal Services

    What will make you successful in this role?

    • To provide the Santam Group EXCO and senior management with strategic legal advice regarding legal challenges as well as legal solutions in respect of: 
    • Distribution and procurement business models in operation from time to time as and when the law changes and opportunities present themselves; 
    • Insurance law-related matters with specific focus on the legal aspects pertaining to the claims management philosophy and claims settlement processes;
    • Legal aspects pertaining to general commercial relationships and corporate actions;
    • Legal aspects pertaining to product development, underwriting and policy wording.
    • To provide the Santam Group EXCO with strategic legal advice in respect of legal risks facing the Group and providing strategic solutions to successfully address these risks.
    • Keep senior management informed of legal developments impacting the general insurance industry that will potentially affect business.
    • To lead and manage the corporate legal team to effectively manage Santam legal and regulatory risk within a rapidly changing and challenging environment. 
    • Manage relationship with external legal service providers including overseeing legal matters requiring external legal assistance.
    • Build strong working relationships with the legal resources within Santam Group subsidiaries and the Sanlam Group.
    • Build strong working relationship with key external stakeholders such as regulators, industry associations, Ombudsman, legislative authorities etc. 

    Qualification;

    • Law degree and admittance as an attorney or advocate.

    Knowledge and Experience:

    • 10 years post-admittance corporate legal managerial experience (preferably in a general insurance environment)
    • Insurance and reinsurance experience will strengthen the application
    • Experience in leading internal corporate legal teams in a dynamic corporate environment
    • Experienced in leading negotiations on complex, high value agreements.
    • In-depth knowledge of relevant corporate governance and risk management legislation, codes and regulatory requirements that impact the insurance industry  
    • Strong leadership capabilities is key to optimising the performance of a team and building credibility across the organisation
    • Understanding and knowledge of the financial services industry legislation and regulatory framework
    • Compliance with internal Fit and Proper requirements and applicable qualification for holding such role as may be prescribed by law 

    Skills:

    • Strategic thinking skills 
    • Problem-solving analytical capabilities
    • Ability to conceptualise beyond the parameters of the legal discipline in order to gain a comprehensive understanding of the overall business of the Santam Group so as to be able to effectively advise regarding the legal impact of strategic decisions 
    • Stakeholder management skills – ability to build and maintain effective relationships with internal and external stakeholders including legal firms
    • Influencing and negotiation skills
    • Excellent interpersonal, communication and networking skills across all levels
    • Dealing with confidentiality 
    • Ability to draft and manage complex legal documentation within a fast paced corporate environment
    • Ability to ‘think-out-of-the-box’ / lateral thinking / problem solving mentality
    • High initiative/self-starter/proactive and anticipate requirements 
    • Professionalism, excellent judgement and use of discretion 
    • Ability to work and make decisions independently 
    • Computer literate (Excel, Word and PowerPoint)
    • Ability to travel regularly

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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