This is a perfect gateway into the highly niche sector of non-life reinsurance, part of Singapore's bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing young talents for our sector.

As a member of our young talent pool, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

• Support the implementation of MAS Guidelines on Enterprise Risk Management (ERM), ensuring compliance with regulatory expectations and standards
• Ensure compliance with all PRGs relevant to the ERM function
• Monitor timely filing and accuracy of regulatory returns, as well as responding to regulator queries, consultations, and surveys
• Provide ERM consultancy to internal stakeholders, ensuring alignment with company standards and regulatory requirements
• Drive continuous improvements in ERM processes to enhance departmental efficiency
• Conduct assessments, due diligence, and reviews of outsourcing contracts in collaboration with internal stakeholders
• Contribute to the enhancement of system capabilities for risk management
• Manage the Own Risk and Solvency Assessment (ORSA) process in accordance with regulations
• Maintain and test the Business Continuity Plan (BCP), including IT Disaster Recovery protocols
• Foster a strong risk-aware culture across the organization through training programs and awareness initiatives

Requirements

• Degree in Accounting/Finance/Business related discipline, with at least 8 years of working experience in the ERM function
• Prior ERM experience in non-life re/insurance organisations, and a good understanding of the MAS regulatory environment will be advantageous
• Compensation and job title will commensurate with the final candidate's experience level - the salary range stated in this job posting is meant as a guide only
• Professional certifications such as RIMS-Certified Risk Management Professional (RIMS-CRMP), Associate in Risk Management (ARM), Financial Risk Manager (FRM), Professional Risk Manager (PRM), Certified Internal Auditor (CIA) are preferred.
• Good knowledge of risk management and internal control concepts, leading risk management practices and standards
• Ideally has supported the establishment of ERM frameworks and related policies, processes and guidelines
• Strong understanding of risk management concepts, operational risk controls, and vendor/outsourcing management practices
• Excellent interpersonal skills for stakeholder engagement and collaboration across departments
• Experienced in using data analytics tools to support the Company's ERM strategy
• Ability to work in a fast-paced, high-regulatory environment with evolving risk requirements

We regret that only shortlisted candidates will be contacted