Legal Advisor - Parktown at Rand Mutual - RMA

Description

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

Requirements

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.