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Insurance Officer

Location: Malta Salary: Salary Negotiable
Sector: Financial Services Job Type: Permanent
Shift Type: N/A Applications: N/A
Posted: 3 months ago Reference: 3062746
On behalf of an Insurance Company, Reed Specialist Recruitment is seeking to recruit an Insurance Officer / Client Manager to mainly responsible for underwriting of insurance and reinsurance contracts for client companies, in compliance with the underwriting guidelines.

Key responsibilities:
• Assist with the drafting and issuing of cover notes, debit and credit notes together with the appropriate policy documents
• Handle and negotiate claims settlements, together with agreeing recoveries where appropriate from insurers and reinsurers and to maintain the associated claims databases
• Maintain and prepare statistics, reports and statements of premiums, claims reserves and IBNR provisions, in line with the client’s loss reserving and accounting policies
• Preparation and presentation of insurance and management reports for client meetings
• Assist/coordinate the planning of client board and committee meetings and the production of the necessary agenda, board / committee papers and minutes
• Assist on all insurance (and to a limited extent accounting functions) for a selected portfolio of client companies
• Responsible for completion of self-contained tasks or clients, subject to the review procedures required
• Assist/contribute to the production of management accounts (technical insurance side) together with supporting documents for board and other meetings, and comply with clients' individual normal reporting requirements
• To compile and submit periodical returns to regulatory authorities
• Assist on banking transactions and asset management administration for a selected portfolio of client companies in compliance with the Investment Guidelines where necessary
• To assist in the preparation of financial statements (technical insurance side) to pre audit stage, and to assist the respective client company’s auditors
• Assist with the preparation of budgets, feasibility studies and similar financial projections
• Assist in the implementation and operation of all computer systems
• Undertake the relevant procedures to maintain and enhance the Company’s quality standards
• To assist colleagues, and provide cover while colleagues are away from the office
• To entertain clients, as requested, during and outside business hours (all reasonable costs will be borne by the Company)
• To assist in the training of colleagues and associates of the Company
• To attend suitable training courses either in Malta or abroad (all reasonable costs will be borne by the Company)
• To assist in the general running and operations of the office, including occasionally answering the telephone and carrying out similar routine office functions

Requirements:
• B.A. Hons Insurance / CII Qualifications / ACII
• Around a minimum of 5 years of experience in a similar role
• Fluent in Microsoft Office, particularly in Excel
• Presentation skills, public speaking, analytical and organized

If you are confident, have strong communication skills and is motivated and able to work with minimal supervision, we want to hear from you.