Vice President, Financial Planning and Analysis

Singlife; Singapore; On-site; SGD 100,000 - 130,000; Full time

Job summary

A leading financial services company in Singapore is seeking an experienced financial leader to guide the FP&A team. This role requires a professional with 9 to 11 years of actuarial experience and strong skills in variance analysis and forecasting. The candidate will be pivotal in providing financial insights, optimizing resource allocation, and mentoring a team. Proficiency in Excel and data analysis tools will be key to success. Join a dynamic environment committed to professional growth and innovation.

Qualifications

• 9 to 11 years of actuarial experience, with prior experience in valuation/management reporting/business planning.
• Experience with variance analysis and forecasting preferred.
• Prior exposure to project management or participation in projects is advantageous.
• Prior experience in managing a team.

Responsibilities

• Lead the FP&A team in financial planning and forecasting processes.
• Deliver insightful analysis on business performance.
• Serve as a trusted advisor to senior management.
• Streamline processes and automate reporting.
• Mentor and coach FP&A team members.
• Ensure compliance with internal policies and regulations.

Skills

Actuarial experience

Variance analysis

Forecasting

Proficiency in Microsoft Excel

Data analysis software

Education

Bachelor's degree in Actuarial Science

Tools

Microsoft Excel

Alteryx

Job description

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.

Key Responsibilities

• Strategic Financial Leadership: Lead the FP&A team in developing, implementing, and continuously enhancing financial planning, budgeting, and forecasting processes, ensuring alignment with organizational goals and business strategies.
• Performance Analysis: Deliver insightful analysis on business performance, identifying trends, risks, and opportunities to maximize profitability and optimize resource allocation across various business units.
• Business Partnering: Serve as a trusted advisor to senior management and business leaders, providing actionable financial insights to support strategic initiatives, product development, and market expansion.
• Continuous Process Improvement: streamline processes, automating reporting, and integrating advanced analytics tools to enhance efficiency, accuracy, and timeliness.
• Team Development: Mentor, coach, and develop FP&A team members, cultivating a high-performance culture focused on collaboration, innovation, and professional growth.
• Regulatory and Compliance Support: Ensure all FP&A activities comply with internal policies, external regulations, and industry standards, maintaining robust documentation and audit trails.

Team

Lead a team of 5.

Requirements

• Preferable 9 to 11 years of actuarial experience, with prior experience in valuation/management reporting/business planning.
• Possess experience with variance analysis and forecasting preferred.
• Prior exposure to project management or participation in projects is advantageous.
• Prior experience in managing a team.
• Proficiency in tools such as Microsoft Excel, Alteryx, or other data analysis software.
• Bachelor's degree in Actuarial Science.

Key Stakeholders

External

• Audit firms, Consulting firms

Internal

• Finance, Actuarial, Strategy, Cost Center Owners, Distribution Channels, Products Shareholders

If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.