Associate (Insurance), Real Estate Business Management & Operations - (1-year contract)

Location: 

Singapore, SG

Job Function:  Real Estate
Job Type:  Contract
Req ID:  15967

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

 

Real Estate
We were an early entrant among institutional investors in real estate including traditional private real estate (brick-and-mortar assets), public equities, real estate investment trusts, and real estate-related debt instruments.

 

Business Management & Operations

The Business Management & Operations team plays a vital role to provide business management and transaction execution support to Real Estate Investment Professionals globally. This includes developing governance structures for the Real Estate business, propagating industry best practices, improving efficiency by process design, coordinating deal execution and closings, and overseeing the process of identification and presenting data to ensure GIC Real Estate continues to retain its competitive edge.

 

The team also manages the Real Estate portfolio insurance program to ensure appropriate protection of downside risks.

 

The role will report to the Head, Real Estate Business Management & Operations.

 

What will you do as an Associate (Insurance) in the Real Estate Business Management & Operations team?

  • Manage the renewal of the Global Insurance Program for GIC RE
  • Track and ensure timely premium payment for the Global Insurance Program
  • Coordinate and monitor progress of annual risk engineering surveys
  • Assist and provide the investment teams with technical insurance advice
  • Selectively review JV level insurance cover (as directed)
  • Manage broker and insurer relationships for GIC RE
  • Manage ongoing claims for GIC RE’s Global Insurance Program

 

What qualifications or skills should you possess in this role? 

  • At least 3 years of relevant insurance work experience
  • University degree in related field (actuary, business – insurance etc.)
  • Detail-oriented with ability to work independently
  • Team player with good interpersonal and communication skills
  • Inquisitive self-starter, with ability to work in a fast-paced environment
  • Excellent computer skills in Excel and PowerPoint

 

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

 

Flexibility at GIC

At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection.  At the same time, we believe that flexibility allows us to do our best work and be our best selves.  Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

 

GIC is an equal opportunity employer

GIC is an equal opportunity employer GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

 

Please email grphrodtaops@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability.

 

Learn more about our Real Estate Department here: https://gic.careers/group/real-estate/

Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.