Junior Assistant

within Insurance & Pensions Supervision


Junior Assistant

within Insurance & Pensions Supervision

  • Grade:

  • Type:

  • Job code:

  • Team:


About Insurance & Pensions Supervision

Insurance and Pensions Supervision is responsible for the supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and comprises skills relation to insurance, pensions, accounting, legal, quantitative analysis, actuarial skills, compliance and others.

The Role

Within this role you will be involved in:

  • Enhancement of data quality of submissions to MFSA, covering carrying out checks and detailing issues in overview lists, checking responses to issues flagged by the Authority, following up some resubmission requests, checking resubmissions etc.
  • Creation of databases/dashboards as required for the overall insurance market in Malta, with the ultimate aim to create dashboards that enhance risk based supervision on a forward looking basis. Examples of databases that you may work on are databases that detect potential reserving issues based on a set of defined metrics, databases that explore the reinsurance exposure of Maltese License Holders etc
  • You will be also be requested to step in for 'ad hoc' tasks as required to be delivered by the actuarial team.

About You

We are on the lookout for candidates who are currently reading for a degree (MFQ Level 6) in or related to the areas of maths and statistics. 

The ideal candidate must be:

  • Interested in a career in financial services, ideally be interested in becoming an actuary;
  • Hardworking and diligent in carrying out his/her duties;
  • Highly organized;
  • Keen on having a lot of independence, with only final objectives clearly defined;
  • Proficient user of Microsoft Excel.

How to apply

or query further information

Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application to [email protected].

Other Important Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Jobsplus Permit: 406/2022