Senior Manager, Group Procurement

3 days ago

Central Singapore CapitaLand Full time

About Us

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 30 June 2024, CLI had S$134 billion of assets under management, as well as S$100 billion of funds under management held via six listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in thematic and tactical strategies. Its diversified real estate asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage and data centres.

Job Description

Responsibilities:
Manage CapitaLand Group’s insurance program in various jurisdictions including:
- Appoint insurance broker through RFP for insurance program in Singapore and Rest of the World (ROW).- Liaise with Strategic Business Units (SBU) for insurance renewal information submission and organise renewal of both General Line and Financial Line insurance program in Singapore and ROW.- 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 enquiries.- 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.- Assist on Contractor’s All Risk (CAR) insurance blanket scheme and ad-hoc enquires from SBUs on CAR insurance program.- Develop database of insurance cost index for various countries that CapitaLand Group has presence in.- Adhere to procurement policy and support procurement automation process, initiatives, data analytics including reporting.

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

Benefits
- Flexible benefits with comprehensive medical coverage for self and family
- Training and development opportunities
- Subsidised rates at Ascott serviced residences
- Strong advocate of staff volunteerism
- Wellness programmes
- Closing Statement:

- At CapitaLand, we advocate fair employment practices, and recruit talents based on merit and fit with our Corporate values. We provide equal opportunity for all qualified persons and build an inclusive workplace regardless of race, gender, age, religious belief or nationality.

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