Principal Responsibilities The Asset-Liability Management (ALM) Specialist will be part of the Asset-Liability Management team, primarily responsible for two broad areas: supporting the asset-liability management function and serving as the secretariat for the Asset-Liability Committee (ALCO) meetings. This role involves managing ALM strategies to achieve optimal risk-adjusted returns while ensuring capital and solvency efficiency and organizing ALCO meetings as coordinating with various teams for ALCO related topics. ALM Role: Drive and formulate ALM strategy to achieve efficient allocation and utilization of resources Develop and maintain ALM models to support optimal risk-adjusted returns for the portfolios Provide support to the development of new insurance products by integrating ALM insights and strategies Collaborate with investment teams, Group Insurance ALM teams, and the company's other Life entities on strategic initiatives Act as a subject matter expert on ALM-related issues within the Singapore business, providing guidance and raising awareness of the importance of ALM Work closely with various teams to incorporate ALM best practices into business processes Proactively identify opportunities for improving ALM and capital efficiency Report ALM activities to local and group stakeholders, providing clear and detailed updates on ALM performance and strategy Conduct stress testing and identify emerging risks to manage the entity's capital and liquidity position effectively Provide financial risk management oversight, including recommending financial and insurance risk appetites and limits, and evaluating the asset and liability impact of strategies and business plans Enhance economic profit by improving net profits and promoting efficiency in the use of capital and funding ALM Secretariat Role: Ensure that all ALCO issues are captured, monitored, and controlled by senior management through effective meeting organization and documentation Organize ALCO meetings, ensuring all necessary materials and papers are submitted on time Prepare and maintain accurate minutes of ALCO meetings, ensuring follow-through on action items and decisions Liaise with various teams including Finance, Actuarial, Risk, Investment, and ALM to ensure comprehensive preparation for ALCO meetings Maintain strong relationships with key stakeholders, ensuring alignment and communication on ALCO-related topics Foster a collaborative environment, ensuring effective teamwork across functions and timely submission of ALCO papers and materials Coordinate with multiple teams to ensure timely submission and thorough preparation of ALCO papers and materials Ensure compliance with investment policies, risk limits, and regulatory requirements related to ALCO activities Provide clear and detailed updates on ALCO-related topics to local and group stakeholders Qualifications: University graduate above with experiences in insurance industry Knowledge and experience: 8 to 12 years of professional experience in insurance or consultancy firms Prior experience in actuarial, investment, or ALM roles Familiarity with actuarial modelling, RBC2, and IFRS17 Proficiency in asset and liability modelling Competencies: Strong verbal and written communication skills Ability to collaborate with internal and external stakeholders Excellent analytical and technical skills Strong team player with the ability to work independently Detail-oriented with strong organizational and planning skills Results-oriented, delivering high-quality results consistently and in a timely manner Strong ability to organize and manage meetings, ensuring effective coordination and documentation