Product and Distribution Support Assistant Manager (Actuaries Preferred)

LMA Recruitment Singapore Pte Ltd; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is on the lookout for a Product and Distribution Support Assistant Manager to join their innovative Product Development team. This role is pivotal in conducting financial evaluations and analyzing distribution opportunities to enhance business growth. You will collaborate with various stakeholders, providing strategic insights and optimizing product portfolios. With a focus on data analysis and business planning, this position offers a dynamic environment where your analytical skills can shine. If you have a strong actuarial background and are eager to drive efficiency in distribution channels, this opportunity is perfect for you.

Benefits

Health Benefits

Retirement Plans

Performance-Based Incentives

Professional Development Training

Mentorship Opportunities

Clear Advancement Opportunities

Qualifications

• Minimum 3 years in distribution support or actuarial roles required.
• Strong background in financial evaluations and product management.

Responsibilities

• Evaluate financial performance across distribution channels.
• Analyze data to identify opportunities and enhance product offerings.

Skills

Analytical Skills

Financial Analysis

Excel Proficiency

Report Creation

Communication Skills

Team Collaboration

Education

Actuarial Degree

Tools

Financial/Data Analysis Tools

Job description

About the Role

We are a leading top-tier insurance firm seeking a skilled and analytical Product and Distribution Support Assistant Manager to join our Product Development team. This role supports financial evaluations, analyzes distribution opportunities, and provides strategic insights to optimize our product portfolio and distribution performance. The ideal candidate will bring a strong background in financial analysis and a deep understanding of distribution channels to help drive business growth and efficiency.

Key Responsibilities

Financial Evaluation & Analysis

• Evaluate financial performance across distribution channels to enhance profitability and growth.
• Develop and maintain management information system (MIS) reports tracking distribution expenses, sales performance, product mix, and overall profitability.

Data Analysis & Insights

• Analyze distribution data to identify gaps and opportunities.
• Deliver actionable insights to refine product offerings and optimize distribution strategies.

Business Planning Support

• Assist in annual business planning by preparing reports, tracking budget performance, and assessing strategic goals.
• Collaborate with stakeholders to align plans with market and distribution objectives.

Reporting & Monitoring

• Design and implement reports to monitor key metrics, ensuring alignment with strategic and budgetary goals.
• Track product portfolio performance to support financial targets.

Team Collaboration & Support

• Serve as a key support resource for the Distribution team, providing technical insights on compensation, expenses, and product mix.
• Facilitate effective decision-making and ensure smooth operations across distribution channels.

Qualifications & Skills

Education

• Actuarial degree or equivalent qualification in a related field (required).

Experience

• Minimum of 3 years in distribution support, compensation analysis, or actuarial roles.
• Actuaries who are keen to pursue a product development role are welcome to apply
• Proven experience with financial evaluations and managing multiple product lines.

Skills

• Excellent analytical and numerical skills with the ability to interpret complex financial data.
• Proficiency in Excel and other financial/data analysis tools.
• Strong report creation and dashboard management capabilities.
• Effective communicator with solid teamwork and collaboration skills.
• Ability to manage multiple priorities in a fast-paced environment.

Why Join Us

• Competitive Salary & Benefits Enjoy a comprehensive package including health benefits, retirement plans, and performance-based incentives.
• Career Growth We support professional development with training, mentorship, and clear advancement opportunities.
• Collaborative Culture Join a forward-thinking team committed to innovation, excellence, and mutual success.

Company Reg No.: 201131609D | License No.: 24S2411 | Reg No: R1110891 | AL