In the beginning: it was a quiet day in 1992, seven shareholders got together and formed Tausi Assurance Company limited. The Company opened its doors quietly but confidently for business in 1993 in Westlands, with a Paid up capital of Kshs 20million and a staff of nine. Not many companies in the market have experienced the kind of growth that Tausi has demonstrated since its birth eighteen years ago. During the year 2009, after injection of capital by the shareholders, the companyâÂÂs paid up capital increased to Kshs 219.9 Million as at December 2008. The company is now fully compliant with the minimum paid up capital requirement of Kshs 300 million. Swan Court is now Tausi Court after the company purchased the building in 2001. TausiâÂÂs total assets stood at Kshs 19.7 million in 1993; this has grown to Kshs. 1.28 billion as at 2009 as against Ksh 1.08 billion as at 2008. Gross premiums of Kshs. 20 million booked in 1993 have grown to over Kshs. 510 Million as at 31st December 2009. The companyâÂÂs sterling performance during the year 2009 is reflected by the after tax profit of Kshs. 98.4 million recorded for the year 2009 as against a loss of Kshs. 1.8million for the year 2008. On a personal level, Tausi offers domestic package insurance, car insurance, personal accident schemes and even sportsman insurance. And for its business, office, or corporate customers, Tausi can stand in the gap for fire, burglary, marine, workmenâÂÂs compensation, public liability, group accident, plate glass, money, motor, fidelity guarantee and many others. Tausi Assurance guarantees stability and reliability with strong support from reinsurers like P.T.A Re., G.I.C of India, Africa Reinsurance Company, East Africa Re and Kenya Re. Our attractive array of services and facilities are engineered to give our clients the best value for their money. Therefore itâÂÂs no surprise that Tausi has experienced such a remarkable level of demand for its services in such a short period of time.Job Summary Responsible for supporting the management of the company’s legal affairs, including overseeing litigation, facilitating settlements, and pursuing recovery efforts. The Legal Officer will work closely with external advocates, internal teams, and senior management to safeguard the company’s legal interests. Key Duties and Responsibilities: Receiving summons and determining whether liability attaches on the part of the Company. Forwarding cases to our advocates and giving them instructions on how the cases are to be handled. Giving our advocates instructions on whether the suits in court should proceed for trial or they should be negotiated out of court to avoid escalation of costs on confirmed injuries. Perusing through correspondence and opinions from our advocates. Organizing for witnesses to attend court and our advocate’s offices for pre-trial briefing. Giving instructions to our advocates on the cases where the plaintiffs need to go to the doctors for a second medical examination. Responding to all advocates correspondence and ensuring up to date information is in each file. Review of and determining next course of action e.g. appeals. Preparing any legal report as and when requested. To periodically review legal files to ensure accurate reserves are maintained and to ensure the files are up to date. In liaison with the Claims Manager, pursue recovery for the Company Perform any other duties that may be assigned by the supervisor from time to time. Qualifications Bachelor’s degree in Law (LLB) or equivalent qualification. Postgraduate diploma in law (Admission to the bar and holder of a current practicing certificate is a requirement) Computer literate in MS Office and other office applications. A minimum of 1 years' experience in handling legal matters. Skills and competencies Working knowledge of Insurance law and practice is an added advantage. Proven experience in handling legal cases, litigation, or corporate law. Strong communication and organizational skills. Ability to assess legal risks and make sound recommendations. Attention to detail with the ability to manage multiple cases simultaneously.
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T
Legal Officer At Tausi Assurance Company
Insurance
full time
Nairobi
Posted 2 days ago
From KES 20,000,000