Manager - Capital Management

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.

1. 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.

2. 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

3. 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.

4. 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