Posted:2 hours ago
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. The Group is one of Africaโs major financial services providers offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. The Group was formed through combining Absa Group Limited and Barclaysโ African operations on 31 July 2013. Reflecting the enlarged groupโs pan-African focus, the Group's name changed from Absa Group Limited, to Barclays Africa Group Limited on 2 August 2013. Registered head offices are in South Africa and the Group has majority stakes in banks in Botswana, Ghana,Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Barclays Bank Tanzania and National Bank of
Job Description
Job Summary
- The Legal Officer will serve as a legal adviser to First Assurance and will report to the Legal Manager. Responsible for offering legal counsel, liaising with external advocates and insured persons, negotiations to ensure settlement of third-party claims, and recovery on behalf of the company.
Job Description
Litigation Management
- Receiving summons and determining whether liability attaches on the part of the Company.
- Appointment of service providers to handle company matters as per policy and maintenance of a register for such appointments.
- Reviewing legal claims lodged against our insured’s and engaging third parties in out-of-court negotiations in line with past precedents and set parameters. Always ensuring that adequate reserves are maintained.
- Instructions to external lawyers on how the cases are to be handled.
- Reviewing correspondence and opinions from external lawyers and advising management.
- Engage in pre-trial briefings & in conjunction with external lawyers prepare witnesses for court attendance.
- Responding to advocates correspondence and ensuring up to date information is in each file.
- Reviewing judgments and recommending settlement or appeals. Making sure that adequate reserves are maintained.
- Receiving summons to enter appearance and plaint from our insured’s and distributing the same to our panel of external advocates.
- Negotiating matters out of court and keeping registers of such matters.
- Periodically review legal files to ensure accurate reserves are maintained and to ensure the files are up to date.
- Handling the Company’s recoveries from third parties and other insurance companies by instituting suits or out of Court negotiations and follow up thereof.
- Ensuring payments are raised in good time, authorized, and forwarded to Finance Department. Follow up on judgment payments to avoid executions.
- Pursue Third Party recoveries for the Company.
- Distributing the work coming into the claims legal department ensuring that all mails are actioned.
- Approving all discharge vouchers and judgments as per the approval limits
- Reviewing the external advocates fees to ensure that the fee notes are raised as per remuneration order.
- Providing legal advice, opinion and assistance on all legal claims matters to the management.
- Attending court hearing on behalf of the organization as and when required.
- Ensure Status Reports from service providers are received as per the guidelines.
- Prepare monthly reports and any other report that may be requested
Operations
- Ensure maintenance of documentation and legal databases.
- Ensure biannual review of all outstanding liability claims.
Education and Experience Required
- Bachelor of Laws degree (LLB) from a recognized institution.
- Must be an Advocate of the High Court of Kenya with a valid and current practicing certificate.
- A registered member of the Law Society of Kenya in good standing.
- At least 1-2 years’ experience legal practice in Insurance/financial institution with experience in Commercial Law, Litigation and Conveyance ·
Education
- Higher Diplomas: Law, Military Science and Security (Required)
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Salary: Discuss During Interview
Education: Diploma
Employment Type: Contract Based