Assistant Vice President - Financial Planning & Insights

About the role

Great Eastern is looking for a leader for its Financial Insights & Value Management team, which provides forward-looking insights into the financial performance, profitability and long-term value creation of the Group and its subsidiaries. Working at the intersection of actuarial, finance and business, the role measures, analyses and manages value through EV, NBEV and IFRS 17 frameworks, and partners with stakeholders across the Group on business planning, forecasting, performance management and strategic decisions. The position is based at the SG-GE Centre.

Key responsibilities

• Produce and analyse Embedded Value (EV), New Business Embedded Value (NBEV) and IFRS 17 new business value metrics.
• Monitor the emergence of value and profitability from new business, identify deviations, emerging risks and opportunities, and ensure anticipated value is realised in financial performance.
• Perform actual-versus-expected analyses to find drivers of value creation and erosion, and give actionable insights to management.
• Drive the Group's annual business planning and regular forecasting of key financial metrics.
• Partner with actuarial, finance, distribution and business stakeholders to turn metrics into actions that improve profitability, expense efficiency and sustainable growth.
• Support strategic, business transformation and corporate-wide initiatives, and keep abreast of industry, regulatory and market trends.
• Proactively highlight risks and recommend risk management practices.

Required profile

• Degree in Actuarial Science or a related quantitative discipline; qualified actuary or significant progress towards an internationally recognised actuarial qualification.
• 7 to 10 years of actuarial experience in a life insurer, reinsurer or actuarial consulting environment.
• Experience in financial planning, performance management, management reporting or business analytics; exposure to data visualisation and business intelligence tools is advantageous.
• Strong technical knowledge of life insurance valuation, EV, IFRS 17 and Singapore RBC frameworks.
• Effective communicator able to engage actuarial, finance, distribution and senior management stakeholders.

Required skills

• Actuarial and analytical tools such as Prophet, Excel/VBA and SQL, and other modelling or reporting platforms.
• Analytical and problem-solving abilities, and stakeholder management.

Great Eastern does not accept unsolicited agency resumes.