Insurance Officer

< Back to jobs
  • Location

    Malta

  • Reference

    MAC 12249

  • Salary

    €20,000-€28,000

    €20K-€28K

  • Type

    Permanent

The Role

Add To Favourites View Favourites

An award-winning American company, offering accounting & risk management for global assurance firms, is looking for an analytical and highly-organised Insurance Officer to join their Malta office.

Key responsibilities:

  • Underwriting of insurance and reinsurance contracts for client companies, in compliance with the underwriting guidelines;
  • To assist with the drafting and issuing of cover notes, debit and credit notes together with the appropriate policy documents;
  • To handle and negotiate claims settlements, together with agreeing recoveries where appropriate from insurers and reinsurers and to maintain the associated claims databases;
  • To maintain and prepare statistics, reports, and statements of premiums, claims reserves and IBNR provisions, in line with the client’s loss reserving and accounting policies;
  • Preparation and presentation of insurance and management reports for client meetings;
  • To assist/coordinate the planning of client board and committee meetings and the production of the necessary agenda, board/committee papers and minutes;
  • To assist on all insurance (and to limited extent accounting functions) for a selected portfolio of client companies. Where possible the employee will be given responsibility for completion of self-contained tasks or clients, subject to the review procedures required by the company;
  • To  assist/contribute to the production of management accounts (technical insurance side) together with supporting documents  for the board  and  other meetings, and comply  with clients’ individual normal reporting requirements;
  • To compile and submit periodical returns to regulatory authorities;
  • As may be necessary, to assist in banking transactions and asset management administration for a selected portfolio of client companies in compliance with the Investment Guidelines;
  • To assist in the preparation of financial statements (technical insurance side) to the pre-audit stage, and to assist the respective client company’s auditors;
  • To  assist  with  the  preparation   of  budgets,  feasibility  studies  and  similar  financial projections;
  • To assist in the implementation and operation of all computer systems;
  • To undertake the relevant procedures to maintain and enhance the company’s quality standards;
  • To assist colleagues, and provide cover while colleagues are away from the office;
  • To entertain clients, as requested, during and outside business hours;
  • To assist in the training of colleagues and associates of the company;
  • To attend suitable training courses either in Malta or abroad;
  • To assist in the general running and operations of the office, including occasionally answering the telephone and carrying out similar routine office functions.

The Candidate

  • CII Qualifications/ACII/.A. Hons (Insurance)/AIRM;
  • Preferably around a minimum of 5 years experience in a similar position;
  • Fluent in Microsoft Office/particularly fluent in Excel;
  • Specilaised in Underwriting, Claims, Reinsurance. Experience also in other areas, such as Risk Management would be considered to be an asset;
  • Positive personality;
  • Great presentation skills, public speaking.

The Company

An award-winning American company, based in St. Julians, offering accounting & risk management for global assurance firms. Their aim is to help clients of all sizes anticipate, quantify and fully understand the range of risks they may face.

The Benefits

  • Competitive salary
  • Medical, health & life insurance
  • Annual salary review

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
  • Interested?

    If this could be the job for you, we want to hear from you. Upload your CV and details using the fields below and our friendly team will be in touch within one working day.
    If there is anything you aren’t sure of, you can call .

  • Accepted file types: doc, docx, txt, wps, odt, wpd, rtf, pdf.

By clicking ‘submit’ you consent to your information being retained by Boston Group Limited in electronic format and shared solely with its global subsidiaries for the purposes of marketing, research, and sales related communications. Your information will be held in strict confidence and will only be passed to selected clients for the purposes of securing new employment and with your express consent. You will be added to relevant mailing lists but may unsubscribe at any point should you wish to do so.

Apply Now