Risk Data Analyst

About us

RCI Insurance Ltd and RCI Life Ltd aim to provide insurance solutions to customers of Mobilize Financial Services’s within automobile financing business and are authorised by the Malta Financial Services Authority to conduct the business of insurance.

The company offers a comprehensive range of financing and related services for car customers of Renault Group. Backed by an international network, the company has established itself in Malta to deliver and service a portfolio of protection insurance products in a number of European Countries.

In order to strengthen its existing team, the Company is seeking a ‘Risk Data Analyst’ who will report functionally to the Chief Financial Officer/Chief Actuary.

As part of this activity, your main missions will be the following:

  • Ensure the data quality of the Datawarehouse.
  • Participate in the development of the technical monitoring of the portfolios and propose the indicators and analysis to be integrated.
  • Contribute to optimizing and automating processes related to the regulatory (Solvency II) and accounting (IFRS17) actuarial calculations.
  • Be proactive in proposing any model, approach or tool that could help improve current actuarial practices and allow better valuation of the risks taken.

Detailed duties and responsibilities of the Risk & Data Analyst are split as follows:

  • Data Quality
  • Manage requests for development and/or correction of data warehouses from the Finance Department to the IT Department of the companies;
  • Participate in the implementation and/or updates of Insurance & Reinsurance Data Warehouses to ensure the quality of data;
  • Secure the content of analyses, reports and dashboards from data quality perspective;
  • Technical Portfolio monitoring & development
  • Carry out technical monitoring of portfolios of insured or reinsured programs and set up monitoring and analysis reporting tools (eg. NB production, Active portfolio, Accounting P&L results, Frequency and Severity, Loss ratios, Early termination, etc. in required level of detail);
  • Participate in various actuarial studies, particularly on the definition of assumptions underlying insurance liability projection models, financial management, regulatory developments, etc.
  • Conduct statistical analyses on insurance products, including “Back-testing” of pricing/actuarial assumptions;
  • Regularly produce, analyze and prepare the operation reports of First Level of Controls within Financial/Actuarial scope;
  • Participate in Risk Management and Internal Control activities relating to the scope of technical risks;
  • Automation of processes
  • Optimize data access and production processes (implement and oversee the data extraction processes);
  • Contribute to optimizing and automating actuarial processes ( Regulatory, Accounting)
  • Formalize, document and carry out the appropriate checks of data and production processes;

 

Who we are looking for:

For this role we are looking for someone with:

  • A master’s degree in mathematical/statistical engineering area or similar
  • Advanced skills in one of these software’s: “R”/”R-Studio”, “Python”, “VBA”, “Spotfire”
  • Advance skills in programming
  • Experience with SQL/MySQL and understanding of relational databases
  • Mastery of statistics, big data, BI, econometrics
  • Interest in finance and controlling
  • Qualities of rigor, organization, perseverance, spirit of synthesis
  • Team spirit, knowledge sharing and proactive

 

Why join RCI Insurance?

  • Be part of an international Group
  • Nice and friendly working environment
  • Multicultural environment (17 different nationalities in Malta)
  • Hybrid working conditions
  • Heath & Dental Insurance
  • Access to an online training platform to develop your professional skills
  • Regular social events

 

Languages:

  • Fluent in English is mandatory

 

Type of contract: Full time – Indefinite Contract

 

Location: St Julian’s, Malta.

 

Expected skills for this position:

Big Data, Computer Programming, Microsoft Access VBA, MySQL, Python (Programming Language), SQL Databases, Statistics, TIBCO Spotfire

Contact:
RAKOTONINDRINA Cynthia – HR Manager
cynthia.rakotonindrina@rcibanque.com