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Manager - Expense Management

Great Eastern Life Assurance Co Ltd
Singapore, Singapore
Closing date
Aug 11, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Purpose

You will be part of the dynamic Business Finance team responsible for management reporting, expense budget management and project evaluation. You will assist Expense Management - Business Finance Team Lead in managing distribution/management expenses, project progress and provide meaningful business analytics.

The Job

• Responsible for the review of the Group Expense Approval Policy and Operating guidelines, including its related governance and controls.
• Involve in the review and evaluation of business initiatives in terms of program design, qualifying criteria, validation and its related financial metrics;
• Responsible for the validation of payment disbursement to our distribution intermediaries via DCMS;
• Responsible in expense management review, monitoring expense trend to ensure expenses are in tandem with business objectives;
• Preparation/Consolidation of business performance through evaluation of post project implementation, review of financial metrics and business KPI;
• Preparation/Compilation of data to support deeper analysis of distribution expenses;
• Continuously looking for ways to improve existing reporting and analytical processes.
• Assist the Team Lead for any project assignments and ad-hoc requirements
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

Our Requirements

• Degree / Diploma in Finance in Finance-related fields, finance operations;
• 3 - 5 years working experience, preferably in the insurance industry and experience in finance operations;
• Strong interpersonal & operational skills;
• Possess strong verbal, written communication and analytical skills;
• Goal-orientated and resourceful;
• Attention to detail while maintaining a clear overview of key issues;
• Pro-active and independent individual; and
• Able to work effectively with minimal management guidance and supervision.
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things and adaptable to embrace new changes.

About Great Eastern

Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

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