Industry Guide
Industry Guide

Finance & Insurance

Fast Facts
6.7%
The sector grew by 6.7% year-on-year in the first quarter of 2024
> 50,000
More than 50,000 professionals in the sector will see new sustainable finance-related tasks added to their jobs to a moderate to high degree
$4-5 trillion
The sustainable finance market in ASEAN is estimated to amount to S$4-5 trillion over the next decade
Industry Outlook
Industry Guide: Finance & Insurance
Increased tourist spending and a potential reduction in bank interest rates are expected to boost payment services firms, as well as the banking and fund management segments within the finance and insurance sector. Additionally, as the industry places more emphasis on sustainable practices, new job opportunities are likely to arise in areas such as sustainability risk and sustainability strategy.
Relevant Jobs

FINANCE MANAGER

  • $7,000-9,000 /month
  • A Finance Manager oversees financial planning, budgeting and forecasting, commercial pricing and management accounting

RISK ANALYST

  • $4,000-6,000 /month
  • A Risk Analyst coordinates with internal stakeholders to assess the risks involved in financial decisions and makes recommendations on ways to mitigate them

FINANCE ANALYST

  • $4,500-8,500 /month
  • A Finance Analyst leads the company in making informed investment decisions through detailed research and analysis of financial data

FINANCIAL CONSULTANT

  • $5,000-9,000 /month
  • A Financial Consultant provides clients with sound advice to help them achieve their financial planning and investment goals