Legal Manager Sandton, Johannesburg

Drafting contracts, Policies, Terms and Conditions of Schemes & Reinsurance Agreements Be able to draft contracts in line with Applicable legislation and monitor compliance thereof (Intermediary Agreements, Binder Agreements, Administration Agreements, Service Level Agreements, Reinsurance Agreements) Amend policy documents & terms and conditions with latest legislative changes and requirements by FSCA Have a general understanding of Applicable legislation (FAIS, Long Term Insurance Act, RDR, Insurance Act, FSR Act, POPI, FICA, PPR) Legal training and development in terms of gaps identified in the business Internal legal newsletter Qualification, Skills and Experience Required LLB or equivalent legal degree with extensive drafting and / or legal advisory experience Admitted Attorney or advocate in South Africa would be advantageous At least 3 years management experience in the insurance industry Min 3 years’ experience in Long Term Insurance space Min 5 years’ experience in the Financial Services Industry Have an understanding of the following legislation : - FAIS, Long Term Insurance Act, Retail Distribution Review, New Insurance Act, 2017, FSR Act, POPI, FICA, Long-term insurance Regulations & Policyholder Protection Rules, 2017 Risk management Compliance and legal projects management Legal advice Documentation reviews Drafting contracts, Policies, Terms and Conditions of Schemes & Reinsurance Agreements Be able to draft contracts in line with Applicable legislation and monitor compliance thereof (Intermediary Agreements, Binder Agreements, Administration Agreements, Service Level Agreements, Reinsurance Agreements) Amend policy documents & terms and conditions with latest legislative changes and requirements by FSCA Provide legal opinion on queries from the operations & business development teams relating to the scheme’s legal structure, policy document and terms and conditions of that group scheme Oversee the Complaints process and signing off on all OLTI & FAIS complaints Cultivate and manage working relationships with a variety of stakeholders Keep abreast of new legislation and regulatory changes and manage the team’s responses Manage the legal team Identify and communicate current and anticipated legal issues Understanding and applying relevant legal requirements in the provision of advice, training, publications, legal advice and contracts Keep up to date drafting registers and policies / agreement registers Keep in safe custody legal documents Provide monthly reports to the Individual Life Exco through the Head of Legal, Risk and Compliance Have a general understanding of Applicable legislation (FAIS, Long Term Insurance Act, RDR, Insurance Act, FSR Act, POPI, FICA, PPR) Legal training and development in terms of gaps identified in the business Internal legal newsletter LLB or equivalent legal degree with extensive drafting and / or legal advisory experience Admitted Attorney or advocate in South Africa would be advantageous At least 3 years management experience in the insurance industry Min 3 years’ experience in Long Term Insurance space Min 5 years’ experience in the Financial Services Industry Have an understanding of the following legislation : - FAIS, Long Term Insurance Act, Retail Distribution Review, New Insurance Act, 2017, FSR Act, POPI, FICA, Long-term insurance Regulations & Policyholder Protection Rules, 2017 Risk management Compliance and legal projects management Legal advice Documentation reviews LLB or equivalent legal degree with extensive drafting and / or legal advisory experience Admitted Attorney or advocate in South Africa would be advantageous At least 3 years management experience in the insurance industry Min 3 years’ experience in Long Term Insurance space Min 5 years’ experience in the Financial Services Industry Have an understanding of the following legislation : - FAIS, Long Term Insurance Act, Retail Distribution Review, New Insurance Act, 2017, FSR Act, POPI, FICA, Long-term insurance Regulations & Policyholder Protection Rules, 2017 Risk management Compliance and legal projects management Legal advice Documentation reviews