Hybrid Solvency and Reporting Executive Internship in Malta

Job Description

STELLANTIS is a leading global automaker and mobility provider that offers clean, connected, affordable and safe mobility solutions. Founded by visionaries who infused them with passion and competitive spirit, our 14 automotive brands offer a full spectrum of choice from luxury, premium and mainstream passenger vehicles to pickup trucks, SUVs and commercial vehicles.

These are further supported by two dedicated mobility brands, as well as financial, and parts and service brands. With industrial operations in nearly 30 countries, Stellantis has the ability to consistently exceed the evolving needs and expectations of consumers in more than 130 markets, while creating superior value for all stakeholders.

Its presence in Malta constitutes the insurance arm of the Group and the company, set up back in 2008, offers insurance products to customers buying cars and motorcycles across Europe.

An internship opportunity has arisen within the Finance department for a Solvency and Reporting Executive reporting to the Head of Solvency. You will form part of the Finance Department and report to the Head of Solvency.  

Tasks

• RESPONSIBLE for calculating, analysing and monitoring the solvency position of two insurance entities registered in Malta.
• RESPONSIBLE for preparing all applicable reporting templates under the Insurance Business Act (Solvency II) for quarterly and yearly submissions to the Malta Financial Services Authority and Central Bank of Malta.
• TAKE CONTROL of all reporting requirements under the Insurance Distribution Act.
• MANAGE stress testing scenarios forming part of the Own Risk and Solvency Assessment Report and updating the report with the required narrative

• PERFORM solvency simulations on financial plans and be able to analyse and explain the results

• MANAGE Committee material

Requirements

• Solid understanding of accounting concepts (preferably in the initial stages of the ACCA course or an equivalent accounting qualification).
• Experience in insurance. Alternatively, a keen interest in insurance and its regulation with reference to Pillar 1 and Pillar 3 of the Solvency II regulation.
• Experience with Microsoft Office tools especially Excel.
• Be able to communicate fluently in English.
• Self-driven individual able to work independently.
• Positive person and critical thinker.
• Be curious and motivated to learn.
• Be proactive with a problem-solving skill set.
• Be accurate and with an eye for detail.
• Have a questioning mind.

Conditions

•  A dynamic and enjoyable working experience in an international environment.
• Opportunities to learn and improve yourself.
• Training and support for all assigned tasks.
• Study support and professional memberships reimbursement.
• Hybrid working hours, this is a full-time role based in Malta, consisting of a 40-hour week working remotely on most days.
• A competitive remuneration package including annual performance bonus.
• Health insurance cover.
• Daily breakfast, lunch and fruit in the office.

 

Internship Location: Ta' Xbiex, Malta

Remuneration: 1385 EUR/ month