Procurement Manager – Insurance

Bitdeer Technologies Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Bitdeer Technologies Group is seeking a Senior Insurance & Financing Lead to own end-to-end procurement of global insurance coverage for data center assets and to design trade finance solutions for hardware procurement.

You will build relationships with brokers, banks and financiers, lead RFPs, and establish governance policies while coordinating with Finance, Legal and Operations to align risk and financing with asset deployment.

Qualifications

• Bachelor’s degree in Finance, Risk Management, Insurance or related discipline.
• Professional qualifications such as ACII, CPCU or equivalent are a plus.
• 5+ years of experience in commercial/corporate insurance procurement, risk financing, supply chain finance or trade finance.
• Experience with data centers, cloud infrastructure or technology infrastructure is a strong advantage.
• Established relationships with insurance brokers, underwriters, banks and financing institutions in Asia or globally.
• Strong negotiation and contract management skills.
• Excellent stakeholder management and communication abilities.

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 senior relationships with brokers, underwriters, banks and financiers.
• Lead RFPs and tender processes for insurance programs and financing facilities.
• Establish procurement governance, vendor panels 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 across teams.

Skills

Insurance procurement

Risk financing

Supply chain finance

Trade finance

Vendor management

RFP leadership

Education

Bachelor's Degree in Finance

ACII

CPCU

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 than 5 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.

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Bitdeer is committed to providing equal employment opportunities in accordance with country, state, and local laws. Bitdeer does not discriminate against employees or applicants based on conditions such as race, colour, gender identity and/or expression, sexual orientation, marital and/or parental status, religion, political opinion, nationality, ethnic background or social origin, social status, disability, age, indigenous status, and union.