Insurance Manager - Captive & Insurance Management (Malta)

Insurance Manager – Captive & Insurance Management (Malta) Are you seeking the next step to grow your career within the Captive insurance industry? Then read on! Aon Insurance Managers (ACIM) are seeking an experienced Insurance Manager to join their team in Malta. Responsible for the general insurance needs of captive undertakings, protected cell companies’ cells, and (re)insurance companies under management. Procedure setting, compliance with general regulation and assisting the Senior Manager - Insurance in the supervision of the insurance team and management of clients. This is a hybrid role with the flexibility to work both virtually and from our Malta office Aon is in the business of better decisions! At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. What the day will look like Responsible for the delivery of a high-quality service, ensuring that all client service standards are met for the client base. Review various insurance documentation including cover notes, insurance policies, reinsurance agreements/slips and endorsements. Discussing and liaising with the Compliance &/or Finance Manager with respect to any renewals, invoicing, and claims. Review of reconciliation of claims payments, premiums, insurance premium taxes, and reinsurance recoveries. Liaison with auditors giving necessary explanations of insurance structures or policies. Developing and maintaining knowledge of captive and PCC matters Attendance at Board meetings & Committee meetings (where applicable), including the presentation of insurance reports. Following internal procedures, in particular in relation to check lists, supporting information, authorisations, signoffs and time scales and ensure that the respective team members follow all relevant procedures manuals. Awareness and compliance with relevant legislation as well as regulations and rules issued by the MFSA from time to time. Monitor and ensure compliance with the General Good Provisions for each territory where a passport is in place. Work on applications for new clients or new lines of business of existing clients. Assisting the Senior Insurance Manager to supervise the team, for their day-to-day administration duties, including assisting with aspects of identifying and fulfilling their training and development needs. Assisting the Senior Insurance Manager in the day to day HR management of the team including appraisals. Skills and experience that will lead to success Insurance qualification recognised by the CII or equivalent – highly desirable Strong background gained within (Re)insurance, and or Captive insurance industry Good general knowledge of industry products, regulations, and developments. Comprehensive working knowledge of accountancy, business, and IT software. How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. #LI-KG1 2538792Insurance Manager – Captive & Insurance Management (Malta) Are you seeking the next step to grow your career within the Captive insurance industry? Then read on! Aon Insurance Managers (ACIM) are seeking an experienced Insurance Manager to join their team in Malta. Responsible for the general insurance needs of captive undertakings, protected cell companies’ cells, and (re)insurance companies under management. Procedure setting, compliance with general regulation and assisting the Senior Manager - Insurance in the supervision of the insurance team and management of clients. This is a hybrid role with the flexibility to work both virtually and from our Malta office Aon is in the business of better decisions! At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. What the day will look like Responsible for the delivery of a high-quality service, ensuring that all client service standards are met for the client base. Review various insurance documentation including cover notes, insurance policies, reinsurance agreements/slips and endorsements. Discussing and liaising with the Compliance &/or Finance Manager with respect to any renewals, invoicing, and claims. Review of reconciliation of claims payments, premiums, insurance premium taxes, and reinsurance recoveries. Liaison with auditors giving necessary explanations of insurance structures or policies. Developing and maintaining knowledge of captive and PCC matters Attendance at Board meetings & Committee meetings (where applicable), including the presentation of insurance reports. Following internal procedures, in particular in relation to check lists, supporting information, authorisations, signoffs and time scales and ensure that the respective team members follow all relevant procedures manuals. Awareness and compliance with relevant legislation as well as regulations and rules issued by the MFSA from time to time. Monitor and ensure compliance with the General Good Provisions for each territory where a passport is in place. Work on applications for new clients or new lines of business of existing clients. Assisting the Senior Insurance Manager to supervise the team, for their day-to-day administration duties, including assisting with aspects of identifying and fulfilling their training and development needs. Assisting the Senior Insurance Manager in the day to day HR management of the team including appraisals. Skills and experience that will lead to success Insurance qualification recognised by the CII or equivalent – highly desirable Strong background gained within (Re)insurance, and or Captive insurance industry Good general knowledge of industry products, regulations, and developments. Comprehensive working knowledge of accountancy, business, and IT software. How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. #LI-KG1