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Managing Director (Insurance)

Job Title: Managing Director (Insurance)
Contract Type: Permanent
Location: London, Malta
Salary: Executive Salary
Reference: 5676
Contact Name: Nikki Farrugia
Job Published: September 20, 2019 09:08

Job Description

An international insurance agency setting up office in Malta is seeking a Managing Director to head their local operation. 

This person will have a strategic role in the management of the company with primary day-to-day responsibility for the overall management of Group's  Underwriting Agency in Malta and in particular its underwriting activities. 

Main responsibilities will be: 

  • Developing the strategy, business plan and budget with other members of the Executive Team for recommendation to the Board
  • Leading the Executive Team in the daily running of the business
  • Managing, motivating and developing the skills, competencies and knowledge of team members in line with Group's policies and the local regulator
  • Creation, delivery and monitoring of the underwriting plan as agreed by the Board
  • Manage relationship with other providers
  • Broker relationship management

The ideal candidate will have: 

  • Drive the annual strategy and planning, ad hoc reforecasting and longer-term planning processes and ensure performance monitoring
  • Maintain and monitor the business plan, which identifies key drivers of performance, working with other members of the Executive to take anticipatory action to ensure delivery of the plan
  • Creation, delivery and monitoring of the underwriting plan as agreed by the Board
  • Lead the pricing and underwriting of the home line of business and other products as rolled out
  • Maintenance and development of technical integrity and underwriting practice, including review procedure and business-related systems and documentation- internal and external.
  • Ideally be MFSA approved

For more information please contact Nikki Farrugia on 

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