Senior Executive wanted at AVIVA – Singapore


Senior Executive / Assistant Manager, Insurance and Financial Risk
Support the CRO in the risk management function with emphasis on insurance risks, capital management and financial risks through the design/review and implementation of risk management policy and framework which are appropriate relative to the business strategy. Specifically, this would involve

Identification, measuring, monitoring and reporting of risks, involvement in the establishment/review of risk tolerance/thresholds, and assessment of controls.
Monitoring that the business operates within the approved risk appetite framework and apply risk management strategy, and that the appropriate governance and oversight arrangements are in place to manage effectively the risks.

On-going control effectiveness monitoring / reporting and remediation of control deficiencies. Report on any material control issues identified in the course of regular risk management activity. Provide inputs where appropriate on how controls can be improved.



Responsible for promoting an environment where a risk management culture can flourish.

Identify, own and manage the operational risks and controls relevant to risk function. Maintain appropriate records and ensure that controls are sufficiently well designed and operating effectively to keep the risks that they mitigate within Aviva’s tolerance level. Report and escalate the status of the relevant risks and controls as appropriate.
Effective Risk Management/Governance

Champion and advocate the ownership of risk management, ensure risks are understood and managed within approved risk appetite.

Ensure key risks have been identified, measured, monitored, managed and reported.

Promote effective risk management and embed risk-based decision making in the business unit (when relevant).


The role needs to have effective relationship with actuarial department (especially pricing, reserving and reporting actuaries), investment department, finance department and regional risk function.

(This should include any mandatory MAS qualifications.)

Qualified actuary or experienced life insurance professional with in depth technical skills in financial and insurance risk.

About 5-7 years of experience in a direct life insurance environment.