Legal Manager - Momentum Insure at Momentum Metropolitan Holdings Limited

Role Purpose    

• To provide strategic and operational legal support to the short-term insurance business, ensuring compliance with applicable legislation, regulatory requirements, and contractual obligations, while managing legal risk and supporting business objectives.

Requirements    

The following experience and qualification will be required:

• LLB degree (essential)
• Admitted Attorney of the High Court of South Africa
• Minimum 5–8 years’ post-admission experience
• Proven experience within short-term insurance or financial services industry
• Strong exposure to insurance legislation, claims legal matters, and commercial contracts

Duties & Responsibilities    

Legal Advisory & Risk Management

• Provide legal advice on all aspects of short-term insurance, including underwriting, claims, reinsurance, supplier contracts, and distribution agreements
• Identify, assess, and mitigate legal risks impacting the business
• Support product development and review policy wordings, endorsements, and customer communications
• Provide guidance on disputes, recoveries, repudiations, complaints, and ombudsman matters

Regulatory & Compliance Support

Ensure ongoing compliance with relevant legislation and regulatory frameworks, including:

• Insurance Act
• FAIS Act
• FSCA regulatory requirements
• FICA, POPIA, CPA, and PAIA
• Interpret and advise on legislative and regulatory changes and assess business impact
• Support regulatory engagements, audits, and regulatory submissions

Contracts & Commercial Negotiations

• Draft, review, negotiate, and manage contracts with intermediaries, reinsurers, service providers, vendors, and partners
• Develop and maintain standard contract templates and legal frameworks
• Advise on procurement-related legal matters

Corporate Governance & Reporting

• Support governance structures, committees, and board processes where required
• Prepare legal reports, risk assessments, and opinions for Exco and Board committees
• Ensure adherence to internal policies, delegations of authority, and governance standards

Stakeholder Engagement

• Partner with underwriting, claims, finance, risk, compliance, HR, and distribution teams
• Act as a trusted legal advisor to senior management
• Build strong relationships with regulators, external attorneys, and industry bodies

Team Leadership

• Manage and develop legal team members
• Allocate work, monitor delivery, and ensure high professional standards
• Drive legal function efficiency and continuous improvement

Competencies    

Technical Competencies

• In-depth knowledge of South African insurance and financial services legislation and regulation
• Strong contract drafting and negotiation skills
• Litigation and dispute resolution expertise
• Sound understanding of compliance and governance frameworks

Behavioural Competencies

• Strong commercial acumen and business partnering capability
• Excellent communication and stakeholder-management skills
• High integrity, professional judgment, and attention to detail
• Ability to work under pressure and manage competing priorities
• Solution-oriented and pragmatic approach

Closing Date    

• 2026/05/19