Job Title: Compliance and Claims Legal Officer
Location: Kampala, Uganda
Company: CIC Insurance Group
About CIC Insurance Group: CIC Insurance Group is a leading insurance provider in Uganda, committed to excellence and integrity in its operations. We are currently seeking a dynamic and competent individual to join our team as a Compliance and Claims Legal Officer.
Job Description: As the Compliance and Claims Legal Officer, you will be responsible for managing compliance, record-keeping, monitoring, and analytical functions related to regulatory compliance, anti-fraud, anti-money laundering (AML), and counter-terrorist financing (CTF). Additionally, you will handle legal matters related to claims and settlements on behalf of the company. Your duties will include:
Compliance Duties:
- Develop and implement a robust Compliance Management framework to ensure adherence to regulations.
- Provide high-quality compliance advice to various business and support functions on internal policies, laws, and regulations.
- Offer advice on anti-money laundering compliance, including client due diligence and KYC standards.
- Perform real-time surveillance and support to prevent misconduct and promote ethical standards.
- Conduct compliance monitoring, investigations, and prepare operational policies for management approval.
- Coordinate submission of regulatory returns and prepare compliance reports for management and the board.
Claims Legal Duties:
- Review judgments and recommend settlements or appeals, ensuring adequate reserves are maintained.
- Review legal claims lodged against insured parties and engage in out-of-court negotiations.
- Receive summons and distribute them to external advocates, coordinating out-of-court committee meetings.
- Approve discharge vouchers and judgments within approval limits, and review charges by external advocates.
- Provide periodic reports on performance and ensure adherence to legal procedures and parameters.
Legal & Company Secretarial Duties:
- Provide technical support to the Company Secretary, organize meetings, and prepare reports.
- Draft correspondences, reports, agreements, and other legal documents as assigned.
- Coordinate with external Counsel in handling court cases on behalf of the Company.
- Represent the Company in legal matters before Courts of Law when required.
- Carry out legal research, provide legal opinions, and ensure staff compliance with policies and regulations.
Position Specifications:
- University Degree in Law, admitted to the Ugandan Bar.
- Minimum of 3 years of relevant experience in compliance/audit within the financial services industry, preferably insurance or banking.
- Strong team player with excellent time management, communication, negotiation, and conflict resolution skills.
- Ability to manage tight processes, prioritize effectively, and handle multiple deadlines.
- Demonstrated ability to undertake large, long-term projects and implement solutions.
- Ability to handle confidential and sensitive information with discretion and ethics.
How to Apply: If you meet the qualifications and are ready to take on this mandate, kindly send your resume to careers@ug.cicinsurancegroup.com by the deadline of 29th February 2024. Please note that only short-listed candidates will be contacted.
