Compliance Officer

Elmo Insurance Ltd

Basis: Full-Time

Closing Date: 08-Sep-2024

Job Ref: KMP-92965

Location: Ta' Xbiex

Elmo Insurance Ltd Logo

Basis

Full-Time

Apply by

08-Sep-2024

Location

Ta' Xbiex

Salary

Undefined

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Elmo Insurance is a respected company linked to global reinsurers. Through a commitment to financial strength, quality underwriting and products, experienced and qualified staff, and a personalised service, we will ensure that the expectations of our shareholders, reinsurers, customers and staff are fully met and that the company contributes to the economy and insurance market in Malta.

We are seeking a full-time Compliance Officer to join our insurance company. This role involves monitoring and assessing the company’s compliance with regulatory obligations, implementing the compliance plan, identifying and investigating compliance risks, advising management and staff on emerging compliance trends and delivering training to staff, conducting regular compliance audits and preparing compliance reports for management and regulatory bodies, liaising with external regulators and ensure timely submission of regulatory filings, and maintaining detailed records of compliance activities. This position is crucial for ensuring our company adheres to all regulatory standards.

The ideal candidate should ideally possess:

  • Adequate exposure and work experience in the insurance industry.

  • MQF level 6 academic qualification/s in Compliance, Financial Services Regulations, Law or relevant field of study to the role.

  • A good understanding of insurance legislation and regulatory requirements.

  • The ability to work independently and as part of a team.

  • Excellent communication and reporting abilities.


Furthermore, having already undergone a successful PQ application and acceptance with the MFSA as a Compliance Officer would be considered an asset.

The right applicant will be offered a competitive salary and various employee wellness benefits. We also offer a high-quality working environment, with a very strong familial culture geared towards our people’s engagement and well-being, and an ethical framework.

Elmo Insurance Limited (C-3500) is registered in Malta. Authorised to carry on general insurance business in terms of the Insurance Business Act (Chapter 403 of the Laws of Malta) and regulated by the Malta Financial Services Authority.
Elmo Insurance Ltd - KMP-92965