Vice President, Distribution Finance
Posted Updated
Description
<p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">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.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">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.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">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.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">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.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;"> </span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">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.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><br /></b></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><span style="font-family:Arial;font-size:18px;">Key
appointments:</span></b></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><span style="font-family:Arial;font-size:18px;">The
Distribution Finance AVP is responsible for providing financial insight and
commercial analytics across the Distribution channels. This role partners
closely with Sales, Distribution Leadership, CDO, and Finance to evaluate
incentive effectiveness, safeguard adherence to financial guardrails, manage
distribution expense forecasting, and deliver actionable insights that support
sales strategy, incentive design, and business decision-making.</span></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><br /></p><p style="margin:0in;font-family:Calibri;font-size:11pt;"><b style="font-family:DarwinSans, 'Noto Sans Variable';font-size:14px;"><span style="font-family:Arial;font-size:18px;">Key
Responsibilities</span></b></p><ul style="margin-top:0in;" type="disc"><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Assess incentive effectiveness against targeted outcomes and strategic
objectives, financial guardrails and affordability thresholds. Conduct
pre- and post-implementation assessments of incentive programs to drive
iterative alignment with sales channel objectives and planned budgets.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Evaluate business cases and commercial proposals to support strategic
decision-making. Drive collaboration and partnership with finance
functions for finance approvals and periodic reviews.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Support monthly budgeting and tracking of distribution-related
expenses. Identify financial risks arising from sales mix shifts and
changes to channel business factors. In-depth analysis to identify reasons
for deviations. </span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Business partnering skills and ability to work with channel sales
teams to align sales objectives to areas of expense allocation, and identify
key drivers behind deviations.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Develop management reports, and financial insights to support
Distribution leadership and CDO. </span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Finance forecasting to understand commercial priorities and translate/
align with financial implications and recommendations for future spend
prioritization and budget reviews/ realignment.</span><p></p></li></ul><p class="MsoNormal"></p><p><span style="font-family:Arial;font-size:18px;"> </span></p><p class="MsoNormal"><b><span style="font-family:Arial;font-size:18px;">Requirements</span></b></p><p><b></b></p><b></b><p class="MsoNormal"><b><span style="font-family:Arial;font-size:18px;">Education &
Experience</span></b></p><p><b></b></p><b></b><ul style="margin-top:0in;" type="disc"><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Bachelor's degree in
Finance, Accounting, Economics, Business, or a related discipline</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">6-10 years of
relevant experience in distribution commercial strategy or sales finance
functions. Prior experience in FP&A or business finance in insurance
companies is also valuable. </span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Experience within
insurance companies or bancassurance would be an advantage</span><p></p></li></ul><p class="MsoNormal"><b><span style="font-family:Arial;font-size:18px;">Technical Skills</span></b></p><p><b></b></p><b></b><ul style="margin-top:0in;" type="disc"><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Strong financial
modelling, forecasting, and analytical capabilities.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Experience working
with large datasets and translating analysis into management insights. Strong
problem-solving and analytical thinking.</span><p></p></li></ul><p style="margin:0in;font-family:Calibri;font-size:11pt;"></p><ul style="margin-top:0in;" type="disc"><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Good stakeholder
management and influencing skills.</span><p></p></li><li class="MsoNormal"><span style="font-family:Arial;font-size:18px;">Effective
presentation skills for senior management audiences.</span><p></p></li>
</ul>
