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The Edge Partnership

Senior Manager, Group Procurement

Early Applicant
  • a month ago
  • Be among the first 50 applicants
Exp: 5-7 Years

Banking/Accounting/Financial Services

Job Description

Our client is a prominent and well-established multinational with a global presence worldwide. They are now seeking to hire an experienced and driven procurement professional to be part of their team as their Senior Manager, Group Procurement.

Please contact Matthew Chan or email your cv directly in word format to [Confidential Information]

Please note that due to the high number of applications only shortlisted candidates will be contacted. We regret to inform you that your application for this position was unsuccessful if you do not hear from us in the next 5 business days.

EA License: 16S8131

Recruiter License: R21104669

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Key responsibilities

  • Appoint insurance broker through tender for insurance program in Singapore and the Rest of the World (ROW).
  • Liaise with various Business Units for insurance renewal information submission and organize renewal of both General Line and Financial Line insurance programs for the group.
  • Lead the optimization of insurance program structure for coverage improvement and cost efficiency.
  • Check insurance policy thoroughly and coordinate with the broker to ensure policy wordings reflect correctly the renewal intention and coverage that insurers submitted before policy binding.
  • Monitor claim status and assist local operation team in major claim settlement.
  • Work with the broker to provide risk mitigation advice to operation teams.
  • Provide responses to business departments on insurance coverage-related inquiries.
  • Work with investment teams on insurance matters for acquisitions, provide insurance premium estimation, and input to insurance-related clauses in the relevant transaction documents.
  • Assist investment team on Warranty & Indemnity (W&I) insurance procurement for transactions with such requirement.
  • Develop database of insurance cost index across the markets that the group operates in.

Role requirements

  • Preferred degree in business administration, economics or finance.
  • Minimum 5 years working experience in insurance industry.
  • CIP certificate would be advantageous
  • Possess good organization and coordination skills
  • Prudent and good team player

Skills Required

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Date Posted: 05/10/2024

Job ID: 94997439

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