Legal Officer - FAK at Absa Bank Limited
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 TypeFull Time
- QualificationBA/BSc/HND
- Experience4 years
- LocationNairobi
- Job FieldLaw / Legal
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
Interested and qualified? Go to Absa Bank Limited on absa.wd3.myworkdayjobs.com to apply
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