Legal Advisor (#27477) at Guardrisk
MMI Holdings Limited (MMI) is a South African based financial services group listed on the South African stock exchange, the JSE. The group operates in the market through several client-facing brands including Metropolitan and Momentum, South Africa’s number one cell captive insurer Guardrisk and wellness & rewards programme Multiply. MMI operates on the African continent, United Kingdom, and India through a direct presence, strategic partnerships and joint ventures.
MMI’s purpose is to improve the lifetime Financial Wellness of people, their communities and their businesses. Financial Wellness is a continuous process of planning and management for individuals, households and businesses, with the aim of affording expenses and achieving goals over one’s lifetime. Our promise to our clients is to be their Financial Wellness partner over this life-long journey, using our expertise and solutions to help them develop and reach their goals. Visit us at www.mmiholdings.co.za.
ABOUT US
Incorporated into MMI Holdings in March 2014, Guardrisk is the largest specialist cell captive insurance group of its kind and the leading alternative risk transfer provider in South Africa, comprising a short-term insurer, life insurer and an underwriting manager. Guardrisk pioneered the cell captive concept, introducing cell captives to the South African short-term insurance industry in 1993, and extending the structure to the life insurance industry in 1999.
Guardrisk provides structured insurance products, traditional cell captive facilities and access to a broad and diversified panel of related services and professional reinsurance markets through its businesses in South Africa (headquarters), Mauritius and Gibraltar.
www.guardrisk.co.za
ROLE PURPOSE
Responsible for drafting and reviewing of contracts, legal research and all other related matters.
RESPONSIBILITIES AND WORK OUTPUTS
Drafting, vetting and reviewing of agreements on the contract management system
Drafting of legal opinions
Conduct research on various adhoc legal issues, queries, opinions etc
Assisting legal manager with complaints and enquiries from the regulatory authorities as well coordination of the gathering of relevant information in order to assist in the preparation of the aforesaid responses
Assisting the legal manager in respect of gathering and collation of comments to new and existing legislation
Assisting the legal manager in the drafting of various internal legal reports
Consideration of recording and circulation of legal opinions obtained from external legal firms
Distilling new legislative requirements and effectively and practically translating the impact of these requirements on business operations, processes and practices
Assisting in the drafting and submission of notifications to the FSB in respect of New cell inceptions, etc
Maintaining and manage positive relationships with internal and external stakeholders
Implementing legal requirements through internal check-lists relating to the controls for legal risks
Assisting with the gathering and compilation of information required relating to any regulatory inspections or visits
Assisting with maintaining Guardrisk licensing requirements
Assisting with review of internal policies ies. outsourcing, binder cancellation etc
Providing the legal division with general ad hoc support as and when required
Responsible for project management in respect of new projects such as implementation of new legislation into new and existing agreements and template agreements, assistance to business in respect of the implementation of such new legislation into the various business areas
COMPETENCIES REQUIRED
Excellent communication skills
Time management skills
Collaboration
Attention to detail
EXPERIENCE AND QUALIFICATIONS
Admitted attorney with 3 – 5 years post article experience
At least 2- 4 years insurance law and financial services industry experience
Excellent writing and drafting skills
Training and presentation skills
Proficiency in word, excel, powerpoint presentations
Project management skills would be beneficial
LOCATION
The above-mentioned position is currently available in the GRLC department at our Guardrisk business unit based at our office in Sandton.
Please submit your application via our Careers page on www.mmiholdings.co.za
To apply, please follow the official system application process and get in touch with the PeopleSoft Helpdesk (021 940 5169) if you need further assistance.
Closing Date
31 July 2019
Contact Details
Sebina Tseki
[email protected] (The purpose for this email address is solely for queries regarding the advertised position and no emailed CV’s will be accepted. Only online applications submitted via our Careers page will be considered.)
0116691045
All positions will be filled in accordance with our Employment Equity plan.
We also encourage people with disabilities to apply.