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Role:
 
This role is ideal for an enthusiastic individual looking for an opportunity to work in a professional and dynamic environment at the leading insurance company on the island forming part of the MAPFRE GROUP.
 
 
Main Tasks:
 
• Calculation of regulatory solvency capital requirements in line with Solvency II legislative framework
• Preparation of Solvency Capital projections
• Carrying out balance sheet sensitivities, stress testing and scenario analysis
• Monitoring risk profile vis-à-vis risk appetite
• Preparing other regulatory reports (SFCR/RSR etc)
• Preparing Quarterly and ad hoc regulatory reports
• Co-ordinating and preparing monthly risk management reports
• Contributing in the development of the risk management framework
• Other ad hoc initiatives
 
Attributes & Skills requirements:
 
• Mature individual able to work on own initiative
• Team player
• Good interpersonal skills 
• An honours degree in Mathematics, Statistics, Actuarial, Economics or other financial related subject
• Proficiency in Microsoft office especially Excel is a must
• Familiarity with Solvency II legal framework and general insurance business would be considered an asset
• Knowledge of statistical software is also considered an asset
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than Monday 30th December, 2019.

Main tasks:
 
• Executing internal audit work within set time frames, maintaining adequate documentation and providing assistance in the compilation of audit work programmes;
• Examining the efficiency and effectiveness of Group operations including non-financial cycles;
• Mapping systems, identifying weaknesses and providing efficient business recommendations to improve upon existing internal corporate governance structures and internal control procedures within the Group;
• Reporting to his/her senior and assisting in the execution of the Internal Audit Plan;
• Performing other related duties as assigned to support the work of the Internal Audit Unit.
 
Education & Qualification:
 
• A recognised Bachelor University Degree in Accountancy;
• Work experience in accounting, mathematical or statistical fields preferably within the financial services industry will be considered as an asset.
• Experience working for the Big Four in the insurance sector would be an asset.
 
Technical Knowledge & Skills:
 
• Knowledge of Insurance and/or Financial Services;
• Knowledge of Accounting with a background in IFRS’s;
• Knowledgeable in Investment products: specific training accreditations in Investments would be considered as an asset
• A person who is professional, assertive, innovative, creative and must possess good oral and written communication skills and good interpersonal skills;
• Able to work on own initiative, handle unrelated, non-routine jobs and must be IT literate;
• Able to interpret the results of numerical analysis;
• Able to apply data analysis and data modelling techniques, based upon a detailed understanding of business processes.
 
Languages:
 
• English                             Level:    Excellent
• Maltese                            Level:    Excellent 
• Spanish/Portuguese:         Level:    (Considered an asset)
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than 12th December 2019

MAIN TASKS:

• Delivery of a high quality support service on health, travel and group life risks to our commercial network;
• Technical analysis of the renewal portfolio; 
• Underwriting and rating of business proposals including preparation and issuing of quotations;  
• Securing the necessary reinsurance arrangements as necessary;
• Handling other duties and special projects as may be required.
 
Competencies
 
• Oral and written communication
• Problem solving and decision making
• Initiative
• Analysis and interpretation
• Teamwork
• Adaptability
• Interpersonal effectiveness
• Computer skills (Microsoft applications etc..)
 
QUALIFICATIONS AND SKILLS:
 
• Minimum of secondary level of education;
• Preference will be given to applicants with MCAST Advanced Diploma in Insurance, CII qualification, University Degree or higher;
• At least 3 years’ experience in an insurance technical environment is required.
 
LANGUAGE: 
 
Maltese : Level : Excellent
English : Level : Excellent
Spanish : Level : Any level is considered an asset
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than 12th December 2019

Duties and responsibilities:  
 
Main tasks:  
 
1) To take incoming calls from internal and external clients including intermediaries 
2) Dealing with personal lines claim enquiries, with a main focus on travel related products  
3) Opening and registration of new claims on internal systems 
4) Handling of claims which entails initial registration of claims, appoint assessor, read assessors report; make decision on claim up to payment of claim within authority limit vested in the role. 
5) Updating of claim reserves 
6) Making sure any claims are handled in a timely manner 
7) Liaising with internal and external clients including intermediaries 
 
 
Education, Qualification & Certification: 
 
Minimum of secondary level of education, preferably in hold of a Diploma in Insurance as per The Chartered Insurance Institute (UK) or close to the achievement of this level in the near future 
 
 
Technical Knowledge & Skills: 
 
 
1) Knowledge and experience of the insurance industry (minimum 3 years’ experience) in the areas related to personal lines products 
2) Sound knowledge of Insurance principles 
3) Strong IT skills – Word, Excel, PowerPoint 
4) Ability to monitor quality control 
5) Client relationship skills 
6) Ability to influence and negotiate 
7) Ready to work under pressure with minimum supervision  
8) Energetic, positive and outgoing  
 
 
Language: 
 
Excellent verbal and written communication skills in Maltese and English 
 
 
Previous professional experience:  
 
Work experience related to Personal Lines Claims would be considered an asset
 
Applicants are kindly requested to send an updated CV by sending an email to hrmalta@middlesea.com by not later than 6th December, 2019

The Company
 
MAPFRE MSV Life is the leading provider of life insurance protection, long term savings and retirement planning in Malta.
MAPFRE Middlesea p.l.c. is the leading insurance company in Malta and a member of the MAPFRE group. The company is listed on the Malta Stock Exchange.
 
The Placement
 
We are seeking to engage one student worker during the 2019 / 2020 winter months to work within the Corporate Services of the group. First/Second Year University or MCAST students reading for a degree in Insurance, Banking & Finance and Business Administration would be given preference.
 
The companies offer one student placement schemes in place, what is known as the summer placement scheme and the winter placement scheme. The winter scheme is between 1st October till 30th June, 2020. The working hours will be flexible and will be carried out during normal office hours which are from 0800 hours till 1700 hours (Mondays to Fridays). Such hours will be agreed to between you and line-management. You will be exempt from work when you have lectures, during your exams or any other academic related activity. Your remuneration rate will be that of six Euro (€6) per hour. Payment will be effected in arrears on a monthly basis and will be effected through direct credit at the end of every month through the payroll office in accordance to the hours worked. During this work placement you will not be entitled to any statutory bonus, vacation leave or sick leave.
 
This is an opportunity for both the students and the company whereby students get to work within the industry of their studies, earn some extra money and don’t lose focus of their academic objective; whilst the Company welcomes the work contributions and energy of such students whilst building a sound relationships with potentially the future employer / employee.
 
Applicants are kindly requested to send an updated CV by sending an email to hrmalta@middlesea.com  by not later than 29th November, 2019

Main Tasks:
 
• Supervising the underwriting of commercial & industrial risks to ensure that risk selection, pricing and conditions are in line with the Company’s guidelines and procedures;
• Liaising with reinsurers to obtain the required support and guidance;
• Responsible for maintaining an efficient operational workflow;
• Continuously monitor processes, identify any improvements and encourage best practices;
• Perform checks and reviews to ensure that the internal guidelines are being respected;
• Support, lead and motivate the team by providing direction, sharing knowledge and hold open discussions;
• Analysis of data to improve underwriting decision making;
• Compile reports and assist in other tasks/projects as required
 
Competencies
 
• Oral and written communication
• Problem solving and decision making
• Self-motivating
• Analysis and interpretation
• Significant attention to detail
• Strong organization, multi-tasking and time management skills
• Computer skills (Microsoft Applications)
 
Qualifications and Skills:
 
• Minimum of secondary level of education;
• Preference will be given to applicants with MCAST Advanced Diploma in Insurance, CII qualification, University Degree or higher;
• At least five years’ experience in an insurance technical environment is required.
 
Language: 
 
Maltese Level : Excellent
English  Level : Excellent
Spanish Level : Any level is considered an asset
 
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than 29th November, 2019

Main Tasks:
 
• Drafting and issuing of policy documentation;
• Processing of endorsements, declarations, amendments and cancellations;
• Assist the Issuing Team with the pre-renewal/renewal process;
• Assist Supervisor / Head of Unit with any work as required.
 
Competencies:
 
• Oral and written communication
• Initiative
• Analysis and interpretation
• Teamwork
• Adaptability
• Interpersonal effectiveness
• Computer skills (Microsoft Applications etc)
 
Qualification and Skills:
 
• Minimum of secondary level of education;
• Preference will be given to applicants with an insurance background and/or insurance qualifications
• Training will be provided by the Company.
 
Language: 
 
Maltese : Level : Excellent
English : Level : Excellent
Spanish : Level : Any level is considered an asset
 
Applicants are kindly requested to send an updated CV to HR Department, hrmalta@middlesea.com by not later than 29th November, 2019

Main Tasks: 
 
• Participate in the development and implementation of security architectures that meet business requirements in alignment with corporate guidelines, balancing security, cost, and user experience;
• Deploy and operate security related controls and solutions as required by Security management and Corporate guidelines;
• Assist in conducting risk assessments from an ISS perspective;
• Assist in defining security related technical requirements necessary for compliance with regulation such as GDPR;
• Define, implement and operate the processes and solutions related to User Management including periodical reviews and reporting;
• Contributing in the upgrades of IT security platforms and new execution of IT security solutions;
• Actively monitoring, analysing and managing logs, events, and other data sources in the determination of suspicious activities and threats and organize metrics and indicators on ISS risks;
• Providing support services to business areas within the established IT Security Services framework.
• Collaborate in the response security events.
 
Knowledge, Skills and Abilities:
 
Education: A B.Sc. degree in Computer Studies or equivalent; Advanced degree and/or additional education and training beyond a bachelor would be an asset.
 
Experience:  A minimum of 2 years’ experience in Information Technology is required.   Any experience in information security architecture, design, development, implementation, and administration in private or public sectors would be considered an asset. Alternatively, consultancy or advisory experience within the field of information security.
 
Knowledge: General knowledge of industry practices, standards, and concepts within field of work. Applies them to perform work requiring analytical business skills.
 
Decision Making: Makes decisions using broad management skills. Applies guidelines and procedures that leave considerable room for discretion and interpretation. Decisions directly influence project, client relationships and or expenditures. Additionally, decisions exert some influence on organization's long-range goals and objectives. Participates in determining objectives of assignments.
 
Supervision Received: Self-motivated work under general supervision. Work is reviewed for overall adequacy in meeting objectives.
 
Problem Solving /Operations/Direct Work Involvement: Develops solutions to a variety of problems, typically technical in nature, of moderate scope and complexity. Refers to and interprets policies and practices for guidance.
 
Client Contacts: Contacts other departments and or external organizations or parties frequently. Contacts are primarily at or below upper management levels. 
 
 
Additional Skills and Abilities
 
SSCP, CISA or equivalent information security certification highly desired.
 
Advanced expertise in three or more of the following and working knowledge of at least six areas:
 
- Risk Management concepts;
- Access control systems and methodology;
- Identity management and authentication systems;
- Directory services design; 
- Experience implementing and/or managing security systems such as firewalls, IDS/IPS, content filtering, antivirus, encryption, etc.;
-       Application security and systems development life cycle;
-       Encryption technologies;
-       Data and systems integrity controls;
-       Network and Internet Security;
-       Audit and event management;
-       Business continuity, availability and disaster recovery;
-       Operational security controls;
-       Vulnerability Analysis;
-       Secure coding practices/Code review;
-       Experience with security analysis tools and techniques (commercial and/or open source);
-       Technical experience in design and troubleshooting Internet services including, but not limited to, DNS, LDAP, FTP, HTTP and Web services, SMTP and POP protocols;
- Knowledge of security and privacy related regulation (e.g. GDPR).
 
Demonstrated Technical Knowledge:
 
- TCP/IP Communications, Networking, DNS;
- Microsoft Windows—Server & Desktop;
- Design, analysis, construction, and problem-solving;
- Oracle or other SQL database;
 
Demonstrated Communications and Business Skills:
 
- Written and oral presentation skills;
- Teamwork;
- Excellent interpersonal, consultative, coaching, communication, and negotiation skills;
- Adherence to high standards of ethics and personal integrity, initiative, and respect for others.
 
Functional Performance:
 
- Ability to manage and prioritize complex, changing workloads in a challenging technical environment;
- Capacity to quickly absorb new concepts and technologies and apply that knowledge to current efforts and plans;
- Demonstrated flexibility and capacity for creative thinking.
 
Languages 
 
Maltese MLevel: Excellent
English Level: Excellent
Spanish Level: Any level is considered an asset
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than 29th November, 2019

Main Purpose:

Co-ordinate, organise and supervise the audit works carried out by the team under their direction, as well as conduct those audits for which they are responsible due to their relevance or complexity. Verifying the quality and validity of the information provided, in accordance with the procedures in place and the guidelines from their superior, in order to meet the objectives set out in the Internal Audit Plan. The person needs to be available to travel to Spain.
 
Main Tasks:
 
• Lead and coordinate the internal audit services with the aim of ensuring the veracity of the information provided by the organisation as well as compliance with the regulations in force. 
• Define and execute the Internal Audit Plan of the Company, establishing its objectives and deadlines, as well as the teams responsible for its implementation, in order to ensure the effective control of the company’s operations. 
• Coordinate and assess the reliability and integrity of the accounting and financial information prepared by the Operating Unit and/or Division, as well as the validity, adequacy and application of the accounting and operational principles, promoting that they are effectively                      controlled.                                           
• Direct the preparation of audit reports and the monitoring of action plans, ensuring compliance with the rules and standards in force, in order to duly inform the General Management of any deficiencies detected and make recommendations to resolve them. 
• Promote an appropriate organisation of the human and material resources in the area, and lead and coordinate the employees under their direction, encouraging the development of actions that help integrate, develop and disseminate the unit’s strategy and policies across all         levels, while providing a suitable work environment with a focus on innovation, growth and profitability.
 
Qualifications & Skills:
 
• Minimum degree qualification in Accounts.
• Needs to be certified Public Accountant with background of the Insurance Industry.
• Knowledge in technical and regulatory issues and accounting specific to the Insurance Sector would be an asset.
• Experience in a technical insurance environment would be a plus.
 
Competencies:

• Oral and written communication
• Problem solving and decision making
• Self-motivating
• Analysis and interpretation
• Significant attention to detail
• Strong organization, multi-tasking and time management skills
• Computer skills (Microsoft Applications)
 
Languages: 

Maltese Level : Excellent
English Level: Excellent
Spanish Level: Any level is considered an asset.
 
 
Those interested can forward their CV to hrmalta@middlesea.com by not later than 6th December, 2019
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