• Permanent
  • onsite
  • Malta

Senior Actuary – Global Exposure – Remote 

  • Exciting Collaboration Opportunities
  • Opportunities for Growth and Skill Enhancement
  • International Projects 

Immerse yourself in the dynamic and thriving atmosphere of our multinational corporation, nestled within the picturesque landscapes of Malta. Our relentless pursuit of excellence has prompted us to actively seek a talented Actuary to join our esteemed team, further enhancing our esteemed reputation in the insurance industry. As an innovative organization, we transcend the ordinary, not only offering a highly competitive compensation package but also fostering an exceptional work environment characterized by excitement and a steadfast commitment to cultivating a positive workplace culture.

In this pivotal role, you’re not just an Actuary; you play a crucial role in steering our company towards continued global success. Seize the opportunity to collaborate with professionals from diverse backgrounds worldwide, contributing to stimulating projects that reach beyond borders. Your responsibilities extend beyond the conventional, encompassing market analysis, product development, and organizational tasks, solidifying your importance within our forward-thinking company.

A highlight of your journey with us involves close collaboration with our audit team, immersing you in the development and refinement of actuarial valuation models tailored for various strategic purposes. This enhances your skill set, ensuring your professional growth aligns seamlessly with our overarching strategic goals.

We place significant emphasis on supporting your professional development within a nurturing environment, facilitated by dedicated and motivated colleagues. Joining our dynamic team isn’t just a career move; it’s an invitation to contribute to our ongoing success and embark on a journey of continuous learning and advancement in your actuarial career.

Come be a part of an organization where landscapes inspire creativity, projects ignite passion, and collaboration propels us toward unparalleled achievements. Your journey with us transcends mere employment; it’s an exciting exploration of endless possibilities and a dedication to the unwavering pursuit of excellence in the ever-evolving field of actuarial expertise.

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.
  • Develop essential actuarial, statistical, and data tools, including methods and models for actuarial studies, to enhance understanding and risk estimation, as well as automate and optimize data.
  • Offer actuarial support for operational activities and projects.

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 onerousity 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: 80,000 – 100,000 – DOE  annual bonus, life, health insurance, transportation allowance, food allowance. 

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

ivana.jeremic@accelerate.mt 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.

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