- Overall responsibility for management of a portfolio of (re)insurance companies.
- Responsible for ensuring that client companies under management comply with Malta Financial Services Authority regulations and filing requirements together with Solvency II legislation and guidelines
- Maintaining an on-going relationship with assigned clients and gaining an understanding of the clients' business and industry.
- Responsible for processing bordereau, financial and management information for our clients to facilitate effective decision making.
- Account Management for specific clients:
- Review and/or preparation of Management Accounts, and any other ad hoc reports and budgets, forecasts etc. in a format prescribed by our clients.
- Preparation and timely filing of all regulatory and statistical reporting requirements including SCR calculations, QRT submissions and coordination of the annual ORSA.
- Preparation of client companies' year-end financial statements and liaising with external auditors.
- Monitoring and ensuring that each company complies with Malta Companies Act.
- Liaising with tax advisors, auditors, banks to ensure clients are in compliance with all relevant tax heads.
- Cooperate and liaise with the Head of Functions: Risk, Compliance, Actuarial and Internal Audit.
- Cash management and reconciliation in accordance with instructions provided by the Board, including liaison with the company's banks and investment managers and the production of appropriate reports.
- Liaise with client service team to coordinate client board meetings.
- Client entertainment as part of regular Board visits, as required.
- Overall responsibility for organising and attendance of client board meetings including preparation and presentation of material.
- Mandatory: Hold a professional Accounting Qualification (ACCA etc.)
- Mandatory: 2-3 years+ post-qualification experience
- Mandatory: Be a strong financial accountant with good knowledge of international accounting standards
- Advantageous: Have experience of Malta Regulatory environment, including Solvency II regime
- Advantageous: Have experience of (re)insurance accounting preparation
- Advantageous: Knowledge of the insurance industry, including captive insurance
- Advantageous: Knowledge and experience in IFRS 17
- Excellent oral/written communication skills
- Professional outlook
- Team player
- Positive attitude
- Confident
- Organised
- Ability to work independently and within a team
- Ability to work to tight deadlines, producing high quality deliverables
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Client Services Specialist - Floriana, Malta - WTW
16 hours ago
Description
The RoleCLIENT SERVICE SPECIALIST
An exciting opportunity has become available for a Client Services Specialist with a focus on Accounting to join our Malta based captive management team. This is a fantastic opportunity for the right candidate to contribute to growth in an international risk and insurance environment as part of the Willis Towers Watson Group.
Principal Duties/Responsibilities