Old Mutual is recruiting a Legal and Compliance Officer, to be based in Windhoek, Namibia.
Duties
- Provide legal support to the Claims Team as well as the Recoveries, Liability and Litigation Team
- Consider how to improve on OMSIC Policy Wordings to reduce the likelihood of invalid claims being paid
- Conduct or participate in litigation if required
- Review compliance and quality assurance with legislation, regulations, practice notes and circulars applicable to OMSIC
- Review, provide commentary and perform impact analysis of new proposed bills, regulations, practice notes and circulars applicable to OMSIC
- Review and sign-off new OMSIC Standard Operating Procedures
- Assist with the appropriate management of legal, operational and compliance risk within OMSIC
- Perform risk management duties, initiate and/or facilitate mitigating actions where control breaks occur or are likely to occur
- Manage and report on Audit Findings Tracker to OMSIC and stakeholders
- Assist the Operations Manager in establishing and embedding a culture of compliance across OMSIC through the development of compliance risk management and monitoring plans
- Ensure that applicable legislation and compliance principles are being complied with by staff across OMSIC
- Regularly review and monitor compliance processes as well as day-to-day compliance to legislation and regulations
- Assist with compliance related matters pertaining to OMSIC cell captives
- Represent OMSIC on various risk, legal and compliance forums within Old Mutual Namibia
- Work on projects
- Perform reviews and monitor service level agreement KPIs in OMSIC
- Perform other ad hoc tasks as it relates to risk, compliance and quality assurance as is required
Requisites
- Namibian citizenship
- Tertiary qualification in law: LLB degree
- Own vehicle and valid driver’s licence
- Experience in a legal environment
- Experience and good understanding in compliance, risk and/or quality assurance as it relates to the short-term insurance industry would be an advantage
- Must be detail and quality orientated
- Computer literacy and good numeric skills are essential
- Excellent customer service and problem-solving skills
- High energy levels and be a team player
- Good time management skills and ability to work under pressure
- Ability to work independently and take initiative
- Excellent verbal and written communicator with a passion for customer service and relationship building
- Able to engage confidently with internal and external stakeholders
Notes
- Only shortlisted applicants will be contacted