Senior Executive, Financial Risk Management

Etiqa Insurance Singapore is looking for a dynamic individual to join our team. Do you have what it takes?

Are you:

• Passionate about working with people?
• A creative thinker with a positive attitude & outlook?
• A strong dynamic communicator able to collaborate effectively?
• Willing to learn, adapt & grow in a fast paced work environment?

WANT TO MAKE A DIFFERENCE?

This exciting proposition allows you to work with Etiqa, a leader in the insurance sector, optimizing your unique skill set, and getting onboard our journey towards “ Making The World A Better Place”.

To provide support as a key member of the Risk Management department that has main objectives as follows:

• Developing and Implementing the Enterprise Risk Management Framework and respective risk policies that create values for the various stakeholders and achieve the company’s aspirations and strategies.
• Formulating risk management plans and initiatives that create values for the various business partners (other functions) within the organisation.
• Create and promote risk awareness culture across the organisation and establish stakeholders’ (business partners) ownership and accountabilities in risk management activities.

In general the jobholder is required to assist in :

• Developing/leading risk appetite statements, setting limits against solvency and other risk appetite dimensions.
• Supporting/Leading the Own Risk and Solvency Assessment (ORSA) and preparation of ORSA report for presentation and submission to various parties including MAS.
• Monitoring insurance and financial risk exposure against risk appetite with the use of key risk indicators and other risk measures
• Partnering key business stakeholders in identifying and assessing risks and controls, including financial, operational and insurance risks.
• Contributing in cross functional teams to investigate and manage current and emerging risk in areas such as claims, reserving and reinsurance
• Contribute to detailed product risk assessment from product pricing perspective in order to ensure the financials remain within the acceptable range in different scenarios being tested.
• Contribute/Lead in the yearly Strategic Asset Allocation and Tactical Asset Allocation review to better adapt to the evolving economy and industry.
• Develop, improve and implement financial risk related group risk management frameworks, policies, guidelines/procedures, methodologies and reporting in alignment with the business objectives of EIPL
• Work towards building a centre of excellence on financial risks to monitor and control investments and on capital adequacy to ensure responsible growth.

Requirements

• Minimum degree or professional qualifications in either actuarial science or other quantitative discipline
• Minimum 2 years’ relevant experience that may include actuarial or risk management.
• Strong analytical skills with ability to drive the implementation of financial and enterprise wide risk initiatives within the organization
• Strong interpersonal and communication skills in both verbal and written form
• Sound knowledge of products and operations in life and general insurers, of the local regulatory environment and in-depth investment knowledge