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Analyst (Insurance)

  • Location

    Malta

  • Sector:

  • Salary:

    Attractive

  • Job Reference:

    CS/027/2020

  • Published:

    18 days ago

  • Expiry:

    2020-08-23

  • Client Details:

    Malta Financial Services Authority

The Role

Within this role you will be joining the Insurance Supervision team in the review of conduct of the respective licence holders. Reporting into the Senior Analyst and the Deputy Head within Conduct Supervision, the individual will be expected to carry out the following tasks:

  • Participate in onsite inspections carried out at the premises of insurance undertakings and intermediaries with a view to assess the latter’s adherence to the applicable conduct of business rules

  • Participate in any thematic reviews with respect to the insurance sector

  • Review the soundness of quantitative disclosures made to consumers as part of regulatory requirements

  • Assume responsibility for direct reports

    • Reply to queries from insurance undertakings and intermediaries relating to conduct matters which arise on a day to day basis

  • Represent the MFSA in engagement with internal and external stakeholders

  • Assist in work related to the monitoring of reporting obligations of insurance undertakings and insurance intermediaries

  • Assist in preparation of replies with regards to EU/EIOPA questionnaires.

  • Undertake any other tasks as delegated by senior management in line with the exigencies  of the Conduct Supervisory Unit and the Authority.

About You

We are looking for candidates with solid academic background in financial services or in law or in another related background. A relevant Post Graduate Degree would be considered an asset.

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.

You will also possess a minimum of three (3) years working experience in the area of financial services, preferably insurance.

Candidates with longer working experience relevant to the role will be preferred. If you do not have the necessary academic or professional qualifications but you have at least seven (7) years within a compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.