Risk Manager (Insurance)

€50,000 - €55,000  |  Malta

A Risk Manager position is currently available with a licensed insurance company having newly set up offices in Malta. 

This role would require frequent business trips - around once a month.


  • Monitoring the performance risk management functions
  • Understanding and managing the company’s risk and in meeting the company’s compliance obligations
  • Supporting various departments in identifying risk and supporting the development of an effective risk culture across the business
  • Assisting in the completion of corporate risk models and the standard formula
  • Assisting with risk management processes such as the risk and control self-assessment process (ORSA)
  • Ongoing monitoring of risk and compliance frameworks and policies
  • Facilitating the completion of the risk assessment processes, ensuring regular follow-up and reporting on any improvements that can be made
  • Business continuity plan and succession plan management.
  • Coordination of operational risk mapping
  • Implementing the Risk Appetite policy and ensuring that it reflects the current and future risk profile of the business
  • Ensuring actuarial work is appropriately produced and communicated.
  • Maintaining current knowledge of insurance industry regulations, trends and practices

Education & Experience:

  • You must be in possession of a Risk Management or financial services qualification, equivalent to a minimum MQF Level 6 and recognised locally
  • A minimum of 2 years previous local risk management experience in a similar position within the insurance or financial services industry
  • A solid understanding of risk and financial markets


  • Strong analytical skills
  • Strong knowledge of the insurance market
  • Ability to drive change
  • Willing to learn and grow
  • Excellent interpersonal and relationship building skills
  • Excellent communication skills in both English & Maltese

Job Ref: NO476


  • Primary job focus
  • Job type
    Full Time
  • Employment level
    Middle Management
  • Employer industry
    Financial Services

Risk Jobs in Malta entail the assessment and prevention of financial risk and fraud. Jobs in risk within this sector include credit risk, risk & fraud and operational risk jobs.

  • Job Reference
  • Closing Date
  • Date Published
  • Status

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