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Senior Risk Analyst ( Insurance )

  • Location


  • Sector:


  • Salary:

    €40,000 - €43,000

  • Contact:

    Tijana Tufek

  • Job Reference:


  • Published:

    2 months ago

  • Expiry:

    31 May 00:00

  • Client Details:


  • Consultant:

    Tijana Tufek

Leading European firm with over 30 years of experience in the acquisition and management of insurance and reinsurance companies and portfolios in run-off is seeking to recruit a Senior Risk Analyst to join the Risk & Compliance team in Malta. The client is a European business with operations in Finland, Germany, Switzerland, UK, and Malta.  
Job duties include: 

  • Identifying, measuring, managing, monitoring and reporting risks for consideration by the Head of Group Risk & Compliance and each risk carrier’s Risk Committees. 
  • Performing oversight and challenge and advising on new initiatives, projects, and potential deals. 
  • Providing actuarial risk oversight on reserving, pricing, capital and investments. 
  • Reviewing and monitoring the Risk Appetite Framework and suggesting enhancements as might be necessary. 
  • Contributing to the overall ORSA and taking responsibility for work-streams within the wider ORSA Process as well as providing risk input into other annual reports such as the SFCR and RSR. 
  • Designing and implementing Stress and Scenario testing. 
  • Developing and monitoring risk management tools including Key Risk Indicators. 
  • Continue developing and enhancing the Risk Assessment Framework. 
  • Continue promoting and enhancing the Risk Management culture. 

Skills and Qualifications required: 

  • At least 3 years working experience in a similar role in the insurance industry. 
  • Educated to at least degree level in a risk management, actuarial or related discipline and willing to study to complete professional exams. 
  • In-depth knowledge of the Solvency II Directive. 
  • Competency in Financial Analysis. 
  • Proficient in MS-Office (Word, Excel, Powerpoint). 
  • Excellent oral and written communication skills. 
  • Be self-aware and diplomatic in all interactions. 
  • Ability to talk at board-level and explain complex issues simply. 
  • Able to deal confidently with regulators and internal auditors.