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Pretoria: Legal Specialist posted by IT Ridge Technologies

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Job Description

Responsibilities:

  • Provide comprehensive legal support to the business unit, ensuring timely, sound legal advice aligned with the companys strategy and risk appetite.
  • Develop an in-depth understanding of business unit products, channels, and features.
  • Produce written legal opinions, undertake research, and stay updated on legislative developments.
  • Maintain collegial relations with the Legal Department and keep the Legal Manager informed of key developments.

Legal Expertise:

  • Stay current on relevant laws, regulations, and standards.
  • Draft, review, and interpret legal documents, contracts, and policies.
  • Provide advice on compliance with local and international laws and support the design of compliant products.

Contract and Risk Management:

  • Draft, review, and negotiate commercial agreements, service contracts, and vendor agreements.
  • Proactively manage legal risks, identify gaps, and develop mitigation strategies.
  • Support in preparing reports on legal risks, litigation, and agreements for senior management.

Dispute Resolution:

  • Advise on litigation strategy, liaise with external counsel, and represent the company in legal proceedings.

Coaching and Support:

  • Provide legal advice and training to internal departments.

Stakeholder Management:

  • Advise management on rights and obligations in business transactions and support risk control measures.
  • Coach and develop team members and share legislative updates.

Qualifications:

  • Bachelor of Laws (LLB) and admission as an attorney or advocate in South Africa.
  • 57 years of post-admission legal experience, ideally in the credit, banking, or financial services industry.
  • Proficiency in MS Office and legal research tools
  • Experience in insurance law, litigation, and regulatory compliance is preferred.

About Other Insurance Jobs in Gauteng

The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.

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Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.

Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.

The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.

For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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