GRIT Trainee, Actuarial

GRIT Trainee; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading insurtech company in Singapore is seeking a trainee for a 6-month full-time role. The position supports key functions such as financial reporting, risk management, and product development. Ideal candidates are eager to learn and gain hands-on experience in an insurtech environment.

Qualifications

• Open to candidates pursuing a career in insurtech or related fields.
• Willingness to learn and support various functions within the company.
• No specific degree requirement mentioned.

Responsibilities

• Assist in financial and regulatory reporting.
• Support day-to-day risk management activities.
• Participate in product development and launches.
• Help in project management or coordination activities.

Skills

Actuarial reserving

IFRS 17 financial reporting

Risk management practices

Job description

Get to Know the Team

GrabInsure is the insurtech arm of Grab operating as an insurance company and insurtech. The unit's mission is to enable affordable insurance solutions for the underserved communities of South-East Asia.

Get to Know the Role

This is a 6 months full-time onsite role based in Singapore as part of the GRIT Programme.

This role will support the various activities involved in the running of an insurtech. The trainee will gain some experience in key functions including business development, financial reporting, risk management, and others.

The Critical Tasks You Will Perform

The trainee may be involved in the following areas:

• Assisting in financial and regulatory reporting, including reserving
• Assisting in the day to day risk management activities of the Company
• Assisting in product development, launches, or iterations
• Assisting in project management or co-ordination of activities for

The Company may choose to rotate its interns through various functions or focus the internship on one area, depending on the needs of the Company at the time and the suitability of the intern.

Technical Skills and Competencies Trainee will learn during the traineeship:

1. Actuarial reserving
2. IFRS 17 financial reporting
3. Financial reporting processes
4. MAS regulatory reporting
5. Risk management practices