Analyst, Innovation

Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.

In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.

Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.

The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.

Responsibilities:

• Research and Analysis: Conduct research on emerging trends, technologies, and market developments relevant to the insurance industry. Analyze market data to identify growth opportunities and provide actionable insights for strategic decision-making.
• Business Model: Build and analyse financial models and projections for the projects, and support team with necessary collaterals.
• Program & Stakeholder Management: Work closely with internal teams (Product, Tech, Legal, Marketing) and external partners to drive innovation initiatives. Prepare presentations and recommendations for senior leadership and key stakeholders.
• Business Development Support: Collaborate with cross-functional teams to support Innovation team with various business development initiatives.
• Startup & Ecosystem Engagement: Identify, evaluate, and engage with startups, accelerators, and venture capital firms to explore collaboration opportunities. Facilitate pilot projects and partnerships with fintech/insurtech players to drive innovation.

Requirements:

• 2-3 years of experience in consulting, venture capital, corporate innovation, fintech, or a related field.
• Passion for working on strategy, partnerships, innovation, digital technology, or related fields in the financial services domain.
• Strong analytical skills with expertise in financial modeling, market research, and data-driven decision-making.
• Excellent communication and presentation skills, with the ability to distill complex insights into clear recommendations.
• Ability to work independently and in a team.

Education:

• Bachelor’s or Master’s degree in Business, Finance, Economics, Computer Science, or a related field.
• Certifications in program management are a plus.