China Life Insurance (Singapore) Pte. Ltd. – Finance Accounting Intern

Company
China Life Insurance (Singapore) Pte. Ltd.
chinalife.com.sg
Designation
Finance Accounting Intern
Date Listed
19 Jul 2023
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
From Aug 2023, For At Least 4 Months
Profession
Accounting / Auditing / Taxation
Industry
Insurance
Location Name
Raffles Place, One Raffles Place, Singapore
Address
1 Raffles Pl, Singapore 048616
Map
Allowance / Remuneration
$800 - 1,000 monthly
Company Profile

Established in 2015, China Life Insurance (Singapore) Pte. Ltd. is a licensed life insurer which is regulated by the Monetary Authority of Singapore. As part of China Life Insurance (Group) Company ("China Life") which is the largest state-owned financial insurance corporation in China, we are backed by its financial strength and established heritage^. For 20 consecutive years, China Life is a Fortune Global 500 company, ranking 40 in 2022. It is an influential global brand with a brand value of RMB 452.539 billion*.

Our parent company, China Life Insurance (Overseas) Company Limited ("China Life (Overseas)") is a wholly-owned subsidiary of China Life. It has grown to become one of the largest financial institutions in Hong Kong with a total asset value of HKD 463.1 billion (December 2022) and a total premium income of HKD 49.2 billion in 2022. China Life (Overseas) has extended its footprint in Southeast Asia region in recent years, and established subsidiaries in Singapore and Indonesia in 2015 and 2018 respectively. Its financial rating by Moody's was "A1" (insurance financial strength rating in October 2022) and by Standard & Poor's was "A" (long-term local currency issuer credit rating and insurer financial strength rating in December 2022).

Job Description

China Life Insurance Singapore (CLIS) aims to foster a strong sense of belongings for all employees with people-oriented corporate culture.

Position Objective:

To learn and understand about finance reporting & operation in Life insurance company.

  • Learn about the main processes in Finance department, and hands-on in some of the processes e.g Accruals and payment
  • Prepare of journal entries for investment related expense
  • Maintain proper filing and records.
  • Assist in filling up MAS forms for regulatory reporting
  • Learn investment accounting and verify of investment trades data
  • Involve in Finance transformation project e.g. RPA and processes review and streamline
  • Managing any other ad hoc duties assigned by Finance Manager or Finance HOD

 

Job Requirements:

  • Undergraduate from Accountancy or Business programme.
  • Diploma in accounting or equivalent professional qualifications.
  • Strong Microsoft Office skills
  • Team player
  • Meticulous, take initiative with positive attitude
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