Posted:Tue at 11:53 AM
By:Hiring Kenya
Company Details
Industry:
Insurance
Description:
Liberty Life Assurance Kenya is a life insurance provider that has been providing relevant products to Kenyans for over 50 years. Our purpose at Liberty is to make a difference in peopleโs lives by making financial freedom possible. We change realities and make freedom possible by providing innovative and relevant solutions that help our customers protect their greatest assets. Our diverse and flexible products include life insurance, investment solutions, education and retirement savings plans. We pride ourselves in putting the customersโ needs first. With a proud heritage of over half a century, Liberty Kenya has been a pioneer in knowledge sharing and making a significant contribution to the financial services industry. We continue to strive to change realities in Kenya because Liberty is not just our name; itโs what we do!
Job Description
The purpose of this role is to provide technical support for the Legal and Compliance risk management process which consists of identification, assessment, management, monitoring and reporting on legal and compliance risks and exposures and, as well as supporting the design and implementation of adequate and effective controls for the identified risks within LKH, LLK and HIK.
Key Responsibilities
- Monitoring, identification and assessment of new and changed legislation
- Development of a comprehensive compliance universe for all regulations and compliance requirements
- Creation of CRMPs for the Medium and High risk rated legislations
- Ensuring adequate litigation management from selection, support assessment and reporting of external counsel including managing of provider panel.
- Embedding contract management process automation and tracking management
- Contract management development, review and oversight
- Periodic review of compliance with regulatory and supervisory requirements as well as internal policies.
- Assistance in the development of legal and compliance guidance materials, controls, training resources and internal procedures manual.
- Support the development and updating of standards, policies, procedures and guidelines to support the implementation of legal and compliance frameworks.
- Perform quarterly compliance monitoring based on agreed plan and covering high risk legislation
- Trademarks registration and renewal monitoring.
- Assistance in timely and quality reporting to stakeholders based on routines and requests.
Qualifications
- Bachelor’s degree in Law (LL. B) from a recognized University
- Advocate of the High Court of Kenya with a valid practicing certificate
Experience
- At least 4 years legal work experience
- Experience in the insurance industry will be an added advantage
Competencies
- Technical competence in legal and compliance management
- People management
- Stakeholder management
- Good time keeping
- Detail oriented
- High performer
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information