Shape Your Future With UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies. We value diversity, equality and inclusion and promote a culture that supports professional and personal growth.
General Reinsurance, Cape Town Branch (a subsidiary of General Reinsurance AG) is offering an opportunity for Assistant General Counsel in our Life Australia, UK, SA, Canada division.
Key Responsibilities A fast moving and wide-ranging workload covering both life and non-life reinsurance mattersDrafting and advising on a wide range of legal agreementsMonitoring and advising the business with regard to relevant legislative and regulatory developments that impact Gen Re's business in South AfricaAssuming responsibility for the local compliance program and handling compliance submissions to local regulatory authoritiesAssuming the role of Information Officer for the South African businessAdvising on regulatory and other legal matters including corporate restructures, competition, trade sanctions, data protection (e.g., POPIA), intellectual property, insolvency and scheme issues and anti-money laundering queriesAdvising on potential and actual legal disputesHelping to promote an understanding of legal/compliance issues and legal/compliance risk, including through an ongoing legal and compliance training programme within South African operationsWorking with Group Legal Department and external counsel, as necessaryQualifications & Experience Candidates need to have completed an LLB degree, with minimum 4-6 years post qualification experience, preferably in insurance/reinsuranceThe role requires knowledge and experience in the following but not limited to the Companies Act, Consumer Protection Act, Insurance Act, Financial Sector Regulations Act, Prudential Standards as well as the field of data protection managementPractical and commercial approach to legal and compliance mattersAffinity towards IT coupled with an interest in familiarizing yourself with legal issues and translating them into corporate practiceStrong analytical skillsTeam player who can work in a diverse and multicultural organisationA hands-on approach and ability to operate proactively and independentlyResults orientedSelf-motivated and capable of managing multiple priorities with limited instructionExcellent organisational skills & high attention to detailA problem solverStrong communication skills with effective verbal and written communicationAbility to communicate with various stakeholders, with varied seniority within the organisationFluent in EnglishContact
Human Resources
Our Address General Reinsurance Africa Ltd. (Reinsurer licensed to conduct composite insurance business)
2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001 (South Africa)
Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and our employment equity policy.
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