Manager, Risk Modelling

Our client is a leading insurer with an established presence in the region. It is seeking to hire a Manager, Risk Modelling in Singapore.

Responsibilities

You will be responsible for developing and maintaining quantitative risk models for financial and non-financial risks. This includes stress test models, ALM, liquidity risk and credit risk models. You will conduct regular validation, performance monitoring and benchmarking to ensure accuracy and regulatory compliance, while maintaining clear documentation.

You will also use data analytics and machine learning to improve management of non-financial risks, such as operational risk indicators, sales conduct, fraud detection, and work with internal and external teams on AI/Generative AI tools to enhance efficiency in risk and compliance. You will collaborate closely with business units to integrate insights into risk models, communicate complex findings to both technical and non-technical audiences, and provide data-driven recommendations for leadership on risk mitigation strategies.

Requirements

• You possess at least 6 years of risk modelling experience, preferably using Prophet ALS within the life insurance industry.

• You are well-versed in regression analysis, time series and machine learning techniques, with a solid understanding of risk management principles, regulatory frameworks (i.e. MAS RBC2), financial markets, and life insurance products and liabilities.

• Working knowledge of SQL for data extraction and manipulation is essential. Proficiency in programming languages such as Python, R or SAS is required.

• Strong communication and interpersonal skills are required, along with a meticulous and detail-oriented approach to model development and validation. Proven ability to work both independently and collaboratively in a fast-paced environment.

• The ideal candidate possesses a Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Mathematics or Data Science. Professional certifications such as FRM, CFA or actuarial qualifications will be advantageous.

To Apply

Please submit your resume to Er Hann Ooi at eh@kerryconsulting.com, quoting the job title and reference number EH35666. Due to the high volume of applications, only shortlisted candidates are notified.

Registration: R24123905 l Licence: 16S8060