Legal Advisor - Employee Benefits (Bellville) Date: 31 Aug 2024
Location: Bellville, Western Cape, ZA
We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
The overall purpose of this role The incumbent will be responsible for providing advice and addressing the diverse and complex needs of a variety of business units in SC on technical matters that the Legal team is tasked with. Acts as counsel on issues involving company compliance with the most complex governmental and regulatory standards. Reviews legal documentation and provides advice on appropriate action. Oversees legal matters requiring external legal assistance. Provides functional advice and expert legal assurance to the business.
Key responsibilitiesProvide various business units with on time, up to date, understandable, practical and relevant legal adviceAnalyse disputes; consider, negotiate, implement and manage appropriate solutionsFacilitate the involvement of external lawyersConsider practical and cost-effective alternatives, risks and trendsNegotiate, draft and vet all required legal agreements including but not limited to binders, outsourcing, intermediary agreements, SLA's, re-insurance agreements, data sharing agreements, NDA's, joint venture agreements, cross-border transactional agreementsResearch, prepare and draft opinions requiredConduct and prepare impact analysis of regulatory changesAssist with litigation mattersQualifications and experienceLLB or higher law degreeAdmitted as an Attorney in South Africa (preferred)At least 5 years in Financial Services' Industry or Legal PracticeExposure and knowledge of Pension Funds (mandatory), Insurance and Financial Sector Legislation (the Insurance Act, the Financial Sector Regulation Act, FAIS, the Interpretation of Statutes Act, the Conduct of Financial Institutions legislation, FICA, NCA, POPIA, Consumer Protection Act)Knowledge and skillsExposure to Investment and Medical Sector Legislation (advantageous)Knowledge of retail insurance products (advantageous)Exposure to litigationProfessionalismRecognise and appreciate legal and regulatory risks nuanced by proportionally balancing competing interests towards the facilitation of businessAbility to analyse complex dataAssimilation and adaptation of new concepts and environmentFlexible and Adaptable - Rebounds from setbacks and adversity when facing difficult situations.Courage - Steps up to address difficult issues, saying what needs to be said.Manages Complexity - Demonstrated ability and proven record in making complex decisions.Ensures Accountability - Holds self and others accountable to meet commitments.Plans and Aligns - Plans and prioritises work to meet commitments aligned to organisational goalsCore competenciesCultivates Innovation by creating new and better ways for the organisation to be successful.Client Focus - Building strong customer relationships and delivering customer-centric solutions.Drives Results - Consistently achieving results and meets deadlines, even under tough circumstances.Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.Resilience - Rebounding from setbacks and adversity when facing difficult situations.Turnaround time The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
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