Insurance Distribution Governance Risk Assessment & Remediation Lead

Required experience & skills

• 10+ years in insurance distribution governance / conduct risk / operational risk / controls,
• Strong hands-on experience with wealth/insurance distribution governance and oversight.
• Track record delivering post-M&A integration assessments and remediation programmes will be useful
• Ability to translate policy into workable processes and controls; comfortable producing audit-grade documentation.
• Strong stakeholder management, influencing without authority, and ability to operate at pace under ambiguity

Responsibilities

1) Mobilise & scope

• Confirm scope across tied and TP channels, products, entities, and distribution models in Singapore.
• Identify key stakeholders across Distribution, SLOD, Operations, Product and Marketing.
• Establish delivery cadence: working group, steering updates, and documentation standards.

2) Current-state discovery for HSBC and Allianz

• Review and catalogue distribution governance artefacts (A and B):
• Map end-to-end distribution processes

3) Comparative gap assessment & risk evaluation

• Compare INSP s policies/processes/controls against Allianz minimum requirements and target operating model.
• Identify gaps across:
• Governance structure, accountability, and decision rights
• Policy coverage, clarity, and local applicability
• Preventive and detective controls; evidence and recordkeeping quality
• Channel oversight, partner governance, and ongoing monitoring depth
• Exception management and breach escalation effectiveness
• Management information (MI): KPIs/KRIs, thresholds, reporting cadence

4) Remediation design & delivery

• Create a prioritised remediation backlog
• Drive delivery with process owners; manage dependencies across teams; track progress and evidence closure.
• Ensure remediation is operationalized

5) Embed, assure & handover

• Validate implementation via walkthroughs, evidence checks, and testing/sampling, if required.
• Prepare updated artefacts, controls mapping, MI examples, meeting minutes, and closure evidence.
• Deliver final report and BAU transition plan (ongoing ownership, reporting cadence, residual risk).