Risk Manager

Elmo Insurance is a respected company linked to global and financially strong 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.

In order to support the continuous stability and growth of the company, Elmo Insurance Limited is looking for an experienced professional to drive the Risk Function within the company.

The selected candidate will support Elmo in evaluating, monitoring, managing and reporting on the organisation's  Risks.


The Risk Manager will be responsible for:

  • Driving the Risk Function within the organisation;
  • Keeping abreast of all regulatory and risk requirements and informing the Board and all stakeholders as necessary;
  • Liaising with the MFSA on all risk related matters;
  • Assisting with the preparation of quarterly and annual regulatory reporting submissions;
  • Working with various stakeholders on the analysis and preparation of risk registers and frameworks;
  • Preparing risk reports for the Board's approval and discussion and participation in Board Meetings.
  • Ensuring the development, maintenance, and implementation of risk policies and procedures;
  • Monitoring and maintaining the system of governance and internal controls;
  • Training of staff and risk holders.


Education, Skills and Competencies

The ideal candidate must:

  • Be professionally qualified in law, risk management, financial services, business management or equivalent;
  • Have relevant experience in a similar or a related role;
  • Be proficient in both Maltese and English, with excellent verbal and written communication skills;
  • Maintain a pro-active attitude to project delivery and reaching deadlines;
  • Possess analytical, technical and problem solving skills and abilities;
  • Be able to work on own initiative, with tight deadlines, and adopt a solution-driven approach to work.


A competitive remuneration package, which rewards high performance and professional experience, will be offered to the ideal candidate.