Annually Cost To Company (Market related)
Brief: Short terms insurance concern is seeking a law degree candidate to join their team.
Detail: Responsibilities: Appointing attorneys on matters authorized for Instituted or Defended litigation In appointing attorneys to clearly communicate expected / acceptable settlement negotiations as directed by Management in both Instituted and Defended matters. Attending timeously to attorney / Key Clients requests for information, documents and tracing Request updates as required /specified from attorneys on record and deliver updates to Key Clients free from Jargon Manage expectations of Key Clients in relation to possible outcome of litigious matter Processing payments of attorney invoices in a timeous manner Monitoring Attorney invoices to ensure fair and reasonable Ensure that attorneys are in possession of all relevant and required documents / information to best represent the interest of Key Clients Summarizing and Referring files to Management with opinion/ recommendations on settlement proposals as received from attorneys and relaying recommendations to Attorneys Monitoring legal costs on ongoing Instituted and Defended litigation matters Manage a large portfolio effectively, ensuring correct reserving as well as timeous and regular updates on matters that have turned dormant and matters that are coming up for trial Re-imbursement of Excesses on successful Instituted claims Timeous payment of Defended claims as agreed on Offer of Settlement Timeous signing and commissioning of Discovery Affidavits and communicating with Attorneys for collection of same Requirements: Matric Regulatory Exam Formal Degree in Law – Preferential Higher Certificate in Short term Insurance -NQF 5 or Full Qualification NQF 4 – highly advantageous Class of Business certification (Personal Lines & Commercial Lines) – Highly advantageous 3-5 years short term insurance experience. Work experience within a legal department dealing with recoveries, third party claims and litigation processes – highly advantageous. Work experience in client service (dealing with clients / brokers and other stakeholders) Please note that only shortlisted candidates will be contacted.
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