Procurement Manager - Insurance

Straitdeer Pte. Ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Welfare benefits

Training & mentoring

Open workspaces

Job summary

Bitdeer is seeking a senior professional to own end-to-end insurance procurement for data center assets and to design supply chain finance solutions for server hardware and related infrastructure.

You will build senior relationships with brokers, underwriters, banks, and financing partners, lead RFP processes, and ensure governance across insurance and financing activities, with cross-functional collaboration across Finance, Legal, Risk, and Data Center Operations.

Qualifications

• Bachelor’s degree in Finance, Risk Management, Insurance, or related field.
• 5+ years of experience in commercial/corporate insurance procurement, risk financing, or trade/financing.
• Strong knowledge of property/all-risk, business interruption, cargo, liability, and cyber insurance.
• Experience with supply chain and trade finance solutions (leasing, receivables financing, letters of credit).
• Established relationships with brokers, underwriters, banks, and financing institutions in Asia or globally.
• Excellent stakeholder management and communication across Finance, Legal, Risk, and Data Center Operations.

Responsibilities

• Own end-to-end procurement and management of global insurance coverage for data center assets.
• Design and execute supply chain and trade finance solutions for hardware procurement.
• Build and manage relationships with brokers, underwriters, banks, and financiers.
• Lead RFP and tender processes for insurance programmes and financing facilities.
• Establish procurement frameworks, governance, approval workflows, and risk controls.
• Monitor market developments to identify cost-saving and risk-mitigation opportunities.
• Coordinate insurance claims with brokers and insurers.
• Align insurance and financing structures with business requirements and asset deployment.
• Prepare regular management reporting on coverage, premiums, financing utilization, and vendor performance.
• Ensure compliance with regulatory and internal requirements across jurisdictions.

Skills

Stakeholder management

Negotiation

Contract management

Leadership

Insurance procurement

Risk assessment

Education

Bachelor’s degree in Finance/Risk Management/Insurance

ACII/CPCU or equivalent (plus)

Job description

About Bitdeer:

Bitdeer is a world-leading technology company for Bitcoin mining and AI cloud.
Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. Apart from designing industry-leading ASIC chips and manufacturing mining rigs, the Group handles complex processes involved in computing across the value chain. This includes equipment procurement, transport logistics, datacenter design and construction, equipment management, and network and facility operations. Bitdeer also offers advanced cloud capabilities to customers with a high demand for artificial intelligence.
Headquartered in Singapore, Bitdeer operates globally with a diversified 3 GW energy portfolio, and deploys Bitcoin mining and HPC datacenters.

What you will be responsible for:

• Own the end-to-end procurement and management of global insurance coverage for data center assets, including property/all-risk, business interruption, cargo & transit, liability and cyber insurance.

• Design and execute supply chain and trade finance solutions for server, GPU and other hardware procurement, including leasing, factoring and structured financing arrangements with banks and financing partners.

• Build and manage senior relationships with insurance brokers, underwriters, banks, leasing companies and other financial institutions to secure competitive premiums, coverage terms and financing rates.

• Lead RFP and tender processes for insurance programmes and financing facilities, including requirements definition, commercial evaluation, negotiation and contract execution.

• Establish and maintain procurement frameworks, governance policies, approval workflows, vendor panels and risk controls for insurance and financing categories.

• Monitor insurance, trade finance and financing market developments to identify cost-saving, risk-mitigation and financing opportunities.

• Coordinate insurance claims with brokers and insurers in the event of asset loss, damage or other covered incidents.

• Partner closely with Finance, Legal, Risk and Data Center Operations teams to align insurance coverage and financing structures with business requirements, risk appetite and asset deployment plans.

• Prepare regular management reporting on insurance coverage, premium expenditure, financing utilization, vendor performance and cost savings.

• Ensure compliance with applicable regulatory, contractual and internal requirements across jurisdictions for insurance procurement and financing activities.

How you will stand out:

• Bachelor’s Degree in Finance, Risk Management, Insurance, Business or a related discipline. Professional qualifications such as ACII, CPCU or equivalent are a plus.

• More than5 years of relevant experience in commercial/corporate insurance procurement, risk financing, supply chain finance or trade finance, ideally within technology, data center, manufacturing, infrastructure or financial services.

• Strong understanding of commercial insurance products, including property/all-risk, business interruption, cargo, liability and cyber insurance, as well as underwriting processes for high-value assets.

• Familiarity with supply chain and trade finance solutions, such as equipment leasing, inventory or receivables financing, letters of credit and structured financing.

• Established relationships with insurance brokers, underwriters, banks and financing institutions in Asia, particularly Singapore, and/or globally is a strong advantage.

• Experience developing procurement frameworks, vendor panels, governance policies and risk controls for insurance, financing or other financial services categories.

• Strong commercial, negotiation and contract management skills, with the ability to independently manage multi-million-dollar insurance premiums and financing facilities.

• Excellent stakeholder management and communication skills, with the ability to work effectively across Finance, Legal, Risk and Data Center Operations teams.

• Experience or knowledge of data centers, cloud infrastructure, AI computing or other technology infrastructure is a strong advantage.

• Excellent written and verbal communication skills

What you will experience working with us:

A culture that values authenticity and diversity of thoughts and backgrounds;

• An inclusive and respectable environment with open workspaces and exciting start-up spirit;

• Fast-growing company with the chance to network with industrial pioneers and enthusiasts;

• Ability to contribute directly and make an impact on the future of the digital asset industry;

• Involvement in new projects, developing processes/systems;

• Personal accountability, autonomy, fast growth, and learning opportunities;

• Attractive welfare benefits and developmental opportunities such as training and mentoring.