Finance Officer

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  • Location

    Malta

  • Reference

    MAC 11881

  • Salary

    €25,000+

    €25k+

  • Type

    Permanent

The Role

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An experienced Finance Officer is required to join a leading insurance company in Malta to further strengthen their team. Duties will extend across reviewing of bank accounts, bank cheques and allocating cash on a daily basis. You will also be required to prepare, validate and render reinsurance account statements to ensure they are accurate and current.

Key areas of responsibility for the Finance Officer:

  • Investigate and resolve any unallocated cash;
  • External communication skills, including attending meetings with Underwriters, developing client/MGA relationships;
  • Maintain client feedback onto the relevant systems in a timely and efficient manner, ensuring that this is kept up to date, that any unanswered feedback is followed up and ensure that any required actions are escalated to the account handlers;
  • Production of month end management reporting;
  • Ensure feedback received is comprehensive and addresses all criteria thus providing dashboard users with a true and accurate position;
  • Monitoring and chasing of all debt to ensure prompt settlement of premium by telephone, email and meeting;
  • Work to all internal and external SLA’s;
  • Escalate risks, highlighting any settlement/MGA Client issues to appropriate personnel;
  • Interrogate, as appropriate, inwards submissions and our clients’ data in order to resolve problems and answer queries;
  • Ensure that all client queries/requests are appropriately logged in accordance with current procedures and to maintain appropriate records relative to all processes undertaken;
  • Provide progress and status reports to your line manager as required;
  • Maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role.

The Candidate

  • An understanding of the working practices and processes that operate the credit control facility;
  • Basic working knowledge of Microsoft Office; Outlook, Word, Excel, Powerpoint;
  • Ability to interpret and manipulate data clearly and accurately with the ability to extract and identify key issues;
  • Ability to build effective relationships (internally/externally), establishing credibility amongst stakeholders;
  • Experience in reinsurance account settlement.

KEY PERSONNEL SKILLS:

  • Ability to work to tight deadlines within a team environment;
  • Excellent organisational;
  • Excellent communication skills, both written and verbally;
  • Strong numerical skills.

The Company

A leading, global insurance company which offers services including mergers & acquisitions, legacy transfers and reinsurance. This company encourages personal development, further education and provides a performance management process. They have a diverse and dynamic workforce and offer a real chance to further extend your career.

The Benefits

  • Competitive salary
  • Excellent benefits
  • Performance culture
  • Professional & diverse team
  • International company

The Location

Malta is a small archipelago in the Mediterranean Sea, south of Sicily. It is an independent member state of the European Union and home to a little less than half a million people. It is English speaking and salaries are paid in Euros.

Malta is extremely popular for relocations, boasting as it does low domestic tax rates, Schengen Area membership, a rich history, a vibrant and active social scene, and the highest average number of days of sunshine per year in Europe.

Malta
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