Munich Re of Malta p.l.c. – Compliance Analyst (m/f/d)*
Company
Munich Re
Location
Valletta , Malta
Munich Re of Malta p.l.c. (MRoM) is a subsidiary of the Munich Re Group with a portfolio of more than €4 billion premium and a corresponding large balance sheet. The book of business stems from group- internal retrocessions and third-party reinsurance in life, health and non-life from markets all over the world and is written in close cooperation with various units in the Munich Re Group. MRoM is a fast growing, extremely efficient company looking for a qualified professional who is highly motivated to support our Compliance and Risk Management operations. The Compliance Analyst reports to the Chief Risk Officer.
The successful candidate will be occupying a role providing excellent opportunities for development and growth in a first-class international organisation. In-/external training will be supported and provided where required. The position is located in Malta.
Your job
• Develop, review, and update policies, procedures and controls to ensure adherence to regulatory requirements and industry best practices in collaboration with cross-functional teams;
• Streamline the process of identifying, analysing, and addressing regulatory updates that affect MRoM, ensuring timely notifications and actionable guidance for stakeholders;
• Assist in the ongoing monitoring and assessment of compliance risks to identify areas for improvement;
• Support in implementing and monitoring of compliance controls;
• Play a key role in supporting MRoM's compliance monitoring programme to ensure compliance with regulatory requirements and internal policies;
• Support in promoting compliance and risk management principles;
• Offer guidance and support to employees on compliance related matters;
• Support in maintaining the corporate governance framework, including support for Board of Directors’ and Committee meetings;
• Support in the Non-Financial Risk Management Framework as required by management; and
• Other general compliance duties assigned by management.
Your profile
• 3 to 5 years’ experience in regulatory affairs, ideally in the (re)insurance field;
• Highly organised, precise approach to work, pro-active and result oriented;
• Excellent communication skills and command of the English language to communicate verbally and in writing with people at all levels;
• A good understanding of Solvency II, including compliance principles and internal controls;
• A good understanding of the Maltese company and legal framework would be considered an asset; and
• Ability to work independently and as part of a team with motivation for knowledge transfer.
For any further information or clarification on this position please do not hesitate to contact Daniel Castillo (dcastillo@munichremalta.com).
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