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Legal Advisor Vacancy - Pension Funds ..Apply Now

Posted on: 17 Dec 2019 295 views
: Legal Advisor
: Pension Funds
: 3
: 5

Legal and Compliance , Gauteng JHB - Central

R 650 000 - R 756 000 Annually

Purpose of the Job

To provide specialist legal advice and support in areas of specialisation required in the Corporate division of a long-term insurance company. This division is a Business Unit within the Group Limited that provides tailor made solutions for employers to provide their employees with retirement savings, insurance benefits and annuities.

The purpose of the role is to manage and mitigate legal, regulatory and commercial risks by providing effective, concise, accurate and timely legal support and advice to the Business. The incumbent will also be responsible for providing legally sound solutions to the Business not only relating to products, services and applicable legislation, but must also ensure that such solutions contribute to the Business goals and realisation of the Business' strategic objectives.

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Key Responsibilities

The Legal Specialist: Corporate will be responsible for providing specialist legal services as follows:

  • Assist Head of Legal: Corporate in achieving and executing Legal strategy relating to the Corporate division;
  • Provide legal advice to the business on various legal and technical matters in line with legal framework and best practice (including divorce and maintenance orders, section 37C distributions, fund rules, product queries);
  • Keeping abreast of new legislation, case law and regulatory changes and advising Business stakeholders of potential impact (including the PFA, LTIA, TCF, POPI, FAIS Act, ITA, FSR Act; Insurance Act);
  • Provide legal and regulatory support to the Group sponsored funds;
  • Support and assist the Complaints Management team with FSCA, Pension Funds Adjudicator, and Ombudsman complaints and queries;
  • Provide legal and technical support to the Rules Drafting team and review Rules and amendments when required;
  • Review, vetting and approval of policy documents, member communication, forms, reports and marketing material relating to the Business;
  • Drafting, vetting and negotiation of contracts, and service level agreements relating to the Business;
  • Researching complex legal matters and providing legal opinion into business projects and product development;
  • Deliver exceptional legal service that exceeds customers’ expectations through proactive, innovative and appropriate legal solutions;
  • Research and issue quarterly publications on legal and regulatory issues;
  • Training of internal staff as and when required on legal matters;
  • Cultivate and manage objective working relationships with a variety of stakeholders, including external attorneys and counsel, industry bodies and regulators and act as ambassador of the organisational brand;
  • Work collaboratively across the company to provide excellent and effective legal advice;
  • Contribute to a TCF service excellence culture, which builds positive relationships and provides opportunity for feedback and exceptional service
  • Complete specific reports, statutory documentation and registers, in order to ensure that administrative procedures associated with litigation functionality are complied with and specific deadlines are adhered to; and
  • Cost management.

Qualifications & Experience

  • Completed LLB;
  • An admitted attorney or advocate;
  • 3-5 years’ legal experience in Financial Services; 
  • Technical and practical knowledge and understanding of the pension funds industry, insurance and financial services sector;
  • An understanding of relevant financial services legislation.


  • A good working knowledge of the legislation and regulations impacting the financial services sector with specific focus on the pension funds industry;
  • Commercial thinking and business acumen with an awareness of commercial and strategic objectives of the organisation;
  • Ability to negotiate settlements, resolve disputes with members, regulators, Pension funds adjudicator and propose possible workable solutions;
  • Ability to proactively identify issues and legal risks that may affect the business;
  • Ability to effectively manage working relationships with team members as well as internal and external clients.

Interpersonal Skills

  • Demonstrate an understanding of the consulting process as it relates to partnering with Business and other stakeholders to diagnose their needs, developing a realistic response, planning and implementing an intervention and evaluating results in a manner that yields the desired outcome;
  • Developing and maintaining ongoing working relationships, networks and partnerships, requiring personal interaction and mutual support to help achieve business goals;
  • Effectively meet client needs, understanding and exceeding client expectations and requirements using the relevant technical skills, business acumen and optimal resources;
  • Applying effective verbal, non-verbal and written communication methods to achieve desired results;
  • Presents ideas effectively to individuals and groups;
  • Understands team dynamics and uses flexible interpersonal style to contribute to the effective functioning of teams and facilitate the completion of team goals.

Interpersonal Competencies 

  • Confident and assertive with an understanding of themselves and the impact they have on others;
  • Continuously learns and improves through applying an open and proactive approach to work;
  • Builds credibility and trust through being honest, ethical and fair;
  • Shows pride and a love for the work that they perform;
  • Attention to detail required;
  • Analytical thinking;
  • Results, solution and execution focused;
  • Organized;
  • Initiative and deadline driven;
  • Self- management (planning, prioritizing & time management);
  • Ability to efficiently deal with high volumes of work and work well under pressure.


PathLegal has NO control on listed Items above as it's directly from customer. Incase of any discrepancy please write to [email protected]

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