Senior Analyst, Capital Management (J-Esr)

Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives. In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan. Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability. The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia. Key Appointments: Provide Group solvency reporting and analysis within Capital Management function of Singlife. Key Responsibilities: Reporting of Japanese Economic Value-based Solvency (J-ESR). Perform analysis of movement in capital resources, risk capital and sensitivity analysis of J-ESR. Preparation of validation reports on J-ESR. Preparation of statistics for Individual Insurer Monitoring. Conduct stress testing and analysis on insurance portfolios. Conduct business planning for insurance portfolios with focus on future sustainability of the portfolio from solvency, profitability and liquidity risk perspective. Regular valuation of the portfolio including assessment of reserves adequacy and preparation/submission of regulatory and internal solvency reports and statistics. Preparation of statistics for external credit rating evaluation. Key Decisions within the Role Provide insights into organisation’s financial position and help drive sustainable growth. Requirements: Experience: At least 2 years of actuarial experience in life and health valuation. Strong knowledge/experience of Singapore Risk Based Capital 2. Experience in ICS is an advantage. Self-driven and able to motivate team members to deliver projects on a timely basis. Great teamwork and collaboration with internal and external stakeholders including Finance, regulators, auditors and group office. Education: Academic: Bachelor’s/Master’s degree in Actuarial Science. Professional Certification(s): Working towards obtaining actuarial qualifications. If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.