Actuary - Be Part of an Industry Leader

Actuary 

• Exciting Collaboration Opportunities
• Opportunities for Growth and Skill Enhancement
• Inspirational Work Environment

Join a world-class multinational insurance company, set against the stunning backdrop of Malta, where your role as an Actuary will go beyond the ordinary. Here, innovation and collaboration are at the heart of everything, offering you the chance to work on exciting, high-impact projects with professionals from around the globe. This is a company that values your expertise in market analysis, product development, and strategic planning, giving you a pivotal role in shaping their future success.

In this dynamic environment, you’ll collaborate closely with the audit team to develop advanced actuarial models that drive key business decisions. The company’s dedication to professional growth ensures you’re supported every step of the way, working alongside motivated colleagues in an inspiring, forward-thinking workplace. More than just a job, this opportunity offers a chance to be part of something bigger—a journey toward innovation, global impact, and continued success in the ever-evolving world of insurance.

You Will:

• Apply actuarial methodologies and models to calculate IFRS17 reserves.
• Compile all actuarial data and assumptions and generate cash flow forecasts (Long-Range Cashflow and Long-Term Insurance Contracts) to determine reserves at various year-ends.
• Assess reserve levels, capital requirements, and dividend amounts.
• Produce regular reports, including Pillar II reports.
• Additionally, craft the risk management policy and establish the reference framework for risk measurement.
• Continuously monitor technical and risk factors within portfolios, taking note of alert indicators.

Skills/Experience:

• Has earned a master's degree from a university, along with a diploma in actuarial science.
• Brings 3 to 5 years of experience in actuarial roles within the insurance sector.
• Proficient in IFRS 17 reporting standards, especially regarding onerosity assessment, discount rate selection, liability calculation for incurred claims, and comprehension of risk adjustment.
• Exhibits familiarity with key non-life product categories and possesses robust knowledge of motor, health, and home insurance businesses.

 Salary / Remuneration: 55,000 - 70,000 DOE, annual bonus, life, health insurance, hybrid, transportation allowance, food allowance. 

For more information contact Ivana Jeremic confidentially on +356 20341755 or email your CV

[email protected] I specialize in recruiting for Payments, Fraud and Operational Banking if you wish to discuss this or other Operational Banking opportunities, please feel free to contact me.

For more opportunities visit our website on https://accelerate.mt/

About Accelerate – Accelerate is a Specialist Finance and Legal Recruitment Consultancy based in Malta.