Associate /AD, Insurance, Infrastructure and Trade Finance (Insurance Team) (1-Yr Contract)

The Monetary Authority of Singapore (MAS) is Singapore’s 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’s 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 – 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’s economic and financial landscape.

[What you will be working on ]

The team leads the development of Singapore as a global capital for insurance and risk financing, building on Singapore’s current position as the leading reinsurance and specialty insurance centre in Asia. This includes monitoring global trends and developments in the industry and working with leading insurers, reinsurers and brokers to grow their capabilities here, including in alternative risk transfer solutions, technology and innovation capabilities, and supporting their talent development needs.

You will be tasked to support the team through project management and administration tasks. This includes coordination across cross-agency/cross-department working groups, arranging meetings, taking notes, ensuring follow ups are executed, organising events and other logistical duties. As part of team’s developmental efforts, you will be also tasked to support tax incentive and grants administration work. You will be in frequent contact with industry players to review tax incentive and grant applications, evaluate KPIs and handle exceptions. You are expected to have good communication and organisation skills.

[What we are looking for]

• Knowledge in MS Word and MS Excel

• Good verbal and written communication skills

• Good interpersonal skills and strong team player

• Careful and meticulous worker

• Independent worker who is motivated to drive projects and tasks to successful completion