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Job Title: Insurance Finance Transformation Manager

Company: Big 4 Consulting House

Corporate Title: Flexible Salary Range: Competitive Package
Location: Singapore Date Open: March 2020

Responsibilities / Duties:

  • We invite highly motivated, dynamic professionals to join our growing insurance consulting practice in Singapore to work with a variety of local and global (re)insurers on their finance transformation journeys.  
  • We are looking to expand our fast growing insurance advisory services in Singapore and are looking for self-motivated candidates that will play a significant role in driving the continued growth of our insurance advisory practice.
  • The ideal candidate should have worked in either an insurance financial operations / systems role and / or in a consulting firm having experience in finance transformation for (re)insurers, including experience of:
  • Finance operating model design and implementation
  • Finance operational process improvements across a variety of functions
  • Finance systems design and implementation
  • Digital and technology enablement in finance
  • Programme management support for insurance finance change
  • Good understanding of IFRS 17 impacts on data, systems and processes
  • This dynamic role, to join a growing and developing team, involves (at a high-level):
  • Leading the delivery of finance transformation projects with (re)insurers – especially in IFRS17
  • Developing insurance finance to take to market
  • Working with other colleagues in insurance advisory practice to leverage their expertise and insights
  • Day-to-day support for the role will be provided by local  staff as well as our wider insurance advisory practice.
  • As a requirements, personality traits leading to a good fit into the team include independence, being innovative and resourceful in thinking with strong relationship, organisational and presentation skills.
  • Furthermore, teamwork and strong project management skills are a necessity to ensure project delivery success.

Requirements / Qualifications:

  • Possess a recognised degree or relevant qualification (accounting / finance / PMO)
  • Have relevant experience with (re)insurers or consulting firms
  • Have a good understanding of the impacts of IFRS 17
  • Have a sound understanding of insurance finance operations and processes
  • (technical accounting, regulatory issues, chart of accounts specifics)
  • Be able to translate accounting standards and requirements into operational and systems specifications
  • Have a sound understanding of finance systems common architecture
  • Have previous experience of delivering finance function transformation projects, for example: record-to-close process re-design, general ledger solution implementation, data governance definition, operational efficiency etc
  • Ideally have a previous experience of delivering end-to-end insurance regulatory or 
  • IFRS adoption / implementation projects (gap assessment, requirements gathering, target system specifications to roll-out support)