1f:T769,

We are working with an insurance company who are looking for a Risk Officer to join their team and report to the Risk Management in keeping the Risk Management function running.

Salary: 45k

Hybrid is offered.

Responsibilities

Support the Risk Manager in maintaining and enhancing the Company's Risk Management Framework, including risk policies, systems, and processes.
Coordinate risk assessments and maintain the Risk Register, ensuring risks are accurately identified, assessed, monitored, and reported.
Monitor the Company's Risk Appetite Framework and Key Risk Indicators (KRIs), escalating breaches and emerging risks where appropriate.
Assist in the preparation of regulatory risk reporting, including the ORSA, SFCR, and RSR, through data collection, validation, and documentation.
Contribute to Business Continuity and Disaster Recovery planning while maintaining accurate and accessible risk management records.
Collaborate with key business and control functions to promote a strong risk culture and support cross-functional risk, compliance, and governance initiatives.
Prepare risk reports and Board/Committee materials, and provide support on ad hoc regulatory, operational, and second-line risk management activities as required.

Requirements

2+ years of local experience in the insurance market
Bachelor Degree is Insurance, Finance, Maths, Business or a relevant subject
Knowledge of the insurance market, underwriting philosophy, techniques, national/local regulatory environments and guidelines is considered a key requirement;
Strong communication skills in both English and Maltese
Available to occasionally travel abroad for work-related matters

Risk Officer - Insurance

Job Description