The Job

We are looking for an Associate to join our Risk & Compliance team.

The role provides operational support across the Risk Management, Compliance, Life Insurance and International Business functions, helping to ensure regulatory obligations are met, administrative processes are completed accurately, and monitoring activities are performed effectively.

The successful candidate will support a range of risk, compliance, governance and reporting activities while gaining exposure to the insurance and financial services sector.

Key Responsibilities

Support the delivery of risk and compliance activities across the Group.
Conduct customer due diligence (CDD) and Know Your Customer (KYC) reviews and maintain related records.
Support the administration and compliance monitoring of the Company's life insurance business, including the maintenance of client records and follow-up on outstanding documentation.
Assist with compliance monitoring activities and regulatory reporting requirements.
Coordinate Fit and Proper assessments and maintain associated documentation.
Support the review and administration of policies, procedures, agreements and governance records.
Maintain risk registers and assist with risk assessment and reporting processes.
Monitor and follow up on outstanding compliance and risk-related actions.
Assist with the administration of international business and regulatory obligations across relevant jurisdictions.
Prepare management information, reports and documentation for internal and external stakeholders.
Build effective working relationships with colleagues, regulators, service providers and other stakeholders.

Job Requirements

A Bachelor’s degree in Risk Management, Insurance, Business, Finance, Law, or a related field.
Good understanding of regulatory and compliance requirements within the insurance sector.
Strong organisational and administrative skills with excellent attention to detail.
Ability to manage multiple priorities, work accurately and meet deadlines.
Proficiency in Microsoft Office applications, particularly Excel, Word and PowerPoint.

About Us

#TeamAtlas reflects our commitment to crafting the right environment that empowers employees to provide the best possible services and products to our clients by continually investing in their wellbeing.

We offer reduced summer hours, sponsorships for professional qualifications and training, health insurance, staff discounts, and hybrid work amongst others.

#TeamAtlas is an equal opportunity employer committed to excellence, development and empowerment.

About Us

Atlas Insurance PCC Ltd:

The Atlas Group of Companies forms one of Malta’s foremost insurance and financial services organisations with a staff complement of over 170. The flagship company of the Group is Atlas Insurance PCC Limited (“Atlas”), a general business insurer operating an extensive intermediary network across the islands. Atlas was the first direct insurer to convert to a Protected Cell Company (PCC). Atlas gives promoters the opportunity to own their own EU insurance vehicle with less capital and less cost, also avoiding fronting requirements. Atlas is an independent PCC giving the option to promoters to outsource cell management to authorised insurance managers. Cells in Atlas can also write third party risks, where our substantial active core provides added security and flexibility. The company maintains substantial surplus funds over regulatory requirements. Atlas is a forward-looking insurer with ambitions for growth, always striving to identify and ready to exploit new business opportunities. Another member of the group is Ark Insurance Management PCC Limited that provides insurance management services for international general insurance and reinsurance companies including captives, protected cell companies and ILS fund managers.Ark also offers the hosting of management cells for third party foreign insurance managers which enables them to avail themselves of Ark’s local licensed insurance management services capability and representation at a lower cost when compared to obtaining a stand alone licence.

Associate - Risk & Compliance

Job Description