6 Nov 2024

Legal Officer – FAK at Absa Bank Limited

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Job 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.

Legal Officer – FAK

Job Summary

The ideal candidate should possess a strong foundation and experience in the insurance sector and insurance law, along with excellent research and communication skills.

Job Description

Litigation:

  • End to end management of all insurance litigation matters.
  • Maintain and monitor the summons register, litigation diary, judgments register, and any other necessary registers/diaries.
  • Receive and review legal summons and other legal documents.
  • Undertake negotiations with third parties and achieve the set savings targets.
  • Appoint service providers where necessary and ensure adequate level of service is maintained.
  • Determine the reserves for each matter and confirm the reserve is in line with the guidelines.
  • Ensure all opinions and files coming up for hearing are reviewed and instructions given to the lawyers.

Judgments & Appeals:

  • Review all judgements within the set TAT and process payment.
  • Review all outstanding appeals.

Recovery:

  • Ensure recovery of matters where Third Party are to blame for a loss and update the register.
  • Triannual review of advocate status report and ensuring the files are up to date.
  • Preparing recovery reports & opinions.
  • Approving all recovery debits as per the approval limits

Education and Experience Required:

  • Bachelor of Laws degree (LLB) from a recognized institution.
  • Must be an Advocate of the High Court of Kenya
  • A registered member of the Law Society of Kenya in good standing.
  • At least 4 years’ experience legal practice in Insurance/financial institution
  • An eye for detail, strong organizational skills and able to take responsibility for own workload.
  • Demonstrated integrity and professional competence as reflected in work performance and results.
  • Excellent written and spoken communication skills.
  • Must be a team player.


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 6 December. 2024





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