10 months ago
Malta Financial Services Authority
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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.
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.