Kerja Sepenuh Masa, Manager - Capital Management di Great Eastern - Maukerja

The Capital Management team is responsible for safeguarding and enhancing the Group's capital position, ensuring ongoing financial resilience across the Group's insurance operations. The team partners closely with different functions with Group Finance, Investment, Risk Management to monitor capital adequacy, optimise capital efficiency, support strategic initiatives, and provide management with meaningful insights into capital performance and risks.

• Capital Management:
• Support the monitoring and management of the capital and solvency position of the GEH Group and its subsidiaries, to ensure the Group remains adequately capitalised and compliant with regulatory requirements.
• Monitor and analyse capital movements and their drivers across the Group, taking into account the differing capital regimes applicable to each entity.
• Carry out the annual capital planning exercise for the Group and Singapore entities, and support Group stress testing and related solvency projections.
• Support the dividend process for the Group and its subsidiaries, including assessing capital capacity, fungibility and the impact on entity and Group solvency.
• Assist in implementing capital management strategies and identify opportunities to improve capital efficiency and the Group's capital structure.
• Perform the Matching Adjustment process as part of business-as-usual, ensuring compliance with regulatory requirements and supporting its continued optimisation.
• Maintain and periodically review capital-related policies and frameworks, ensuring they remain current and aligned with regulatory expectations.
• Strategic Capital Initiatives:
• Support the evaluation and execution of capital optimisation initiatives, including financial reinsurance, funding and balance sheet management solutions.
• Assess the capital and solvency impact of corporate initiatives across the Group.
• Contribute to projects involving capital initiatives across the jurisdictions in which the Group operates
• Capital Analytics
• Perform analysis of the Group's capital position to identify the underlying drivers of solvency movements across assets, liabilities and business performance.
• Enhance and maintain the CAR AOC methodology to improve attribution and provide a meaningful explanation of capital movements.
• Prepare the monthly CAR estimation and related sensitivity analysis, providing early visibility of capital ratios.
• 3-Manager Model (3MM) Reporting
• Develop and maintain the company's 3MM framework, ensuring alignment with the company's overall financial strategy and insurance value creation chain.
• Apply the 3MM framework and attribute total comprehensive income into various functions such as investment and ALM.
• Report and monitor the 3MM performance to continuously optimize the risk and return of the balance sheet through clear accountability and segregation of responsibilities.
• Ensure transparency and accuracy in 3MM reporting to senior management and relevant stakeholders.
• Bachelor’s degree in Actuarial science, Mathematics, Finance, or a related field
• 5 to 8 years of experience in actuarial related roles, with a focus on capital management and/or valuation.
• Professional actuarial qualification (e.g., FSA, FIA, or equivalent) or nearly qualified.
• Familiar with Singapore’s RBC2 regulatory framework
• Strong problem solving and analytical skills
• Familiar with Data Analytics tools such as Python and SQL
• Demonstrates alignment with the organisation’s core values through expected behaviours
  
  

How You Succeed

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
  
  

Who We Are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

To All Recruitment Agencies

Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

Work Locations

SG-GE Centre