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Accountant (insurance)

Job Title: Accountant (insurance)
Contract Type: Permanent
Location: Malta
Industry:
Salary: €40,000 - €55,000
Reference: 5816
Contact Name: Justina Zammit
Job Published: October 24, 2019 13:27

Job Description

A life reinsurance protected cell company set up in Malta to facilitate the writing of reinsurance life business is currently looking for an Accountant to join its team

Job Description

  • IFRS and Solvency II reporting of the PCC including the core, cells and the consolidated PCC, to Munich Re Group (MR Group) and local external institutions
  • Financial Statements preparation according to IFRS
  • Coordination of IFRS and Solvency II external audits and financially related internal audits
  • Tax returns (Corporate Tax, VAT) for the Core and coordination of any required inputs from the cells to fulfil cell and consolidated PCC tax obligations
  • Asset-Liability and Cash Management for the core and for the cells and act as point of contact for all banking relationships
  • Maintenance of defined areas in purchase ledger, processing of invoices and payment preparation for the core and cells
  • Carrying out cost, general ledger and other accounting duties on various SAP based systems for the core and cells
  • Support in Planning, Capital Management and other controlling topics
  • Support in the enhancement and assessment of the internal control system around finance processes at core level and in the respective standards for internal controls at cell level

Skills and Experience

  • Minimum 3 years’ experience in finance positions, preferably in an external audit or accounting environment
  • In possession of a University Degree in accounting or an equivalent qualification such as ACCA
  • Prior exposure to insurance industry and knowledge of Solvency II, IFRS 9 & IFRS 17 would be considered an asset
  • Solid knowledge of Microsoft Office, particularly Excel, Word and PowerPoint
  • Fluent business English (spoken and written) and ability to communicate effectively with people at all levels
  • Distinctive analytical and conceptual skills
  • Highly motivated, pro-active, organized and result oriented
  • Good team player with intercultural skills and positive attitude
  • Willingness to learn new topics and keen on self-development
  • Experience in using SAP would be considered an asset

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