Job Description

The Monetary Authority of Singapore (MAS) is Singapore\xe2\x80\x99s central bank and integrated financial regulator.

As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore\xe2\x80\x99s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore \xe2\x80\x93 banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

Join us now, if you have a genuine interest in making an impact to help shape Singapore\xe2\x80\x99s economic and financial landscape.

What you will be working on

You will be part of a dynamic team that leads the development of Singapore as a global capital for insurance and risk financing. The team is responsible for formulating and implementing strategies to:

Develop the market and incubate insurance solutions for emerging risks such as climate, pandemic and cyber risks

Develop the market for traditional and alternative insurance solutions including insurance linked securitisation and government pools and support the execution of key regional projects in these areas

Support talent development of the insurance industry Deepen insurtech, risk analytics and innovation capabilities

You will actively monitor global and industry trends and developments, with a view to assess implications and develop/fine-tune strategies to strengthen the competitiveness of Singapore\xe2\x80\x99s insurance ecosystem. You will be responsible for building strong stakeholder relationships with industry, academia and government stakeholders in order to attract new business investments and build up insurance capabilities and market infrastructure. You will also be involved in evaluating major policy proposals (such as regulatory, developmental and tax policies), as well as grant, tax incentive and licence applications.

What we are looking for

Excellent verbal and written communication skills

Excellent strategic thinking, and strong analytical skills

Effective influencing and negotiation skills

Strong interpersonal skills and be able to positively influence with internal and external stakeholders

A good team player who is proactive and motivated, with keen interest in strategy and development work

You will be working in a fast-paced environment that would require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

Government Technology Agency