Recoveries Consultant at Rand Mutual Assurance

About the position

THE JOB AT A GLANCE

Reporting to the Head of Legal Operations, the incumbent will manage and attend to all third party (RAF) and non-RAF recoveries. The incumbent will contribute to the company's goals of recovering third party claims following losses suffered by RMA and in doing so influence the reduction of claims costs.

WHAT WILL YOU DO?

Management of the Third-Party Recoveries Portfolio

• Assess the merits of accident and make determination whether the matter is a third-party claim or not.
• If the merits confirm that it is a third-party claim, refer the matter to attorneys for recovery.
• Liaising with attorneys and issue instruction with regards to recoveries of third-party claims.
• Issuing letters of demand relating to non- RAF claims recoveries.

Assist Attorneys with Court Proceedings

• Consider settlement offers and issue instruction to attorneys on whether to accept or reject proposed offers.
• Facilitate attendance in court by RMA attorneys with regards to litigation matters.
• Provide effective support to RMA attorneys responsible for third party recoveries.

Reporting and Status Updates

• Ensure accurate maintenance and updating of status reports on third parties' recoveries.
• Ensure regular communication with attorneys.

WHAT YOU'LL BRING TO THE TABLE?

• Legal Degree or Paralegal Diploma
• 5 to 7 years' experience working in a legal environment
• 2 years' experience related to RAF recoveries
• Functional knowledge of COIDA
• Good working knowledge of RAF claims recoveries will be an added advantage

WHAT WILL YOU GET IN RETURN?
We offer great opportunities for personal and professional development in a stable company that is 130 years strong. The role comes with a competitive salary package and various benefits. Furthermore, you will be part of a dedicated group of colleagues who value teamwork and collaboration.

Turnaround time
The shortlisting process will only start once the advert due date has been reached. The time taken to complete this process will depend on how far you progress within the recruitment process and the availability of our managers. Kindly note that should you not receive a response within 21 days, please consider your application unsuccessful.

Closing date: 24th April 2024

Our Commitment to transformation:
In accordance with the employment equity plan of Rand Mutual Assurance and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.

Desired Skills:

• COIDA knowledge
• Legal Drafting
• RAF knowledge
• Consulting

Desired Work Experience:

• 2 to 5 years Investments, Insurance & Assurance
• 2 to 5 years Disaster / Recovery

Desired Qualification Level:

• Diploma

About The Employer:

We offer great opportunities for personal and professional development in a stable company that is 130 years strong. The role comes with a competitive salary package and various benefits. Furthermore, you will be part of a dedicated group of colleagues who value teamwork and collaboration.

Employer & Job Benefits:

• Hybrid working model