AddressProcurement - Senior
Experience: 5 - 8 Years
Role: Procurement Senior - Insurance
Location: Bangalore (Work from office)
Our client is on a mission to make Indians healthier, while bridging the health protection gap. This is a Zero to One team undertaking a greenfield health insurance deployment in India committed to building journeys that will truly empathize with the customer and offer a differentiated, bespoke experience.
To partner us in this mission, we are looking for a Procurement lead:
As a Procurement Senior, your typical week might include the following.
- Work with functional users to understand o the capabilities/products/services which they require to deliver their plans.
- The capabilities/products/services which they require to deliver their plans.
- what product or service attributes are important to choosing a vendor to deliver the capabilities/products services
- Expected timelines and costs
- Decide and advice the procurement approach for each sourcing activity under applicable policy and procedures.
- Work with functional users to document
- Clear and well-articulated Request for Proposal (RFP)/ Request for Information (RFI) /Request for Quotation (RFQ), or other applicable document specifying the capability/product/service to be procured and information expected in vendor proposals and timelines of the process.
- Objective evaluation of vendor proposals/quotations and recommendation on vendor choice and terms or other applicable next steps.
Front engagement with vendors:
- Approach & engage vendors to share the RFP/RFQ/RFI
- Coordinate to answer queries and provide any clarifications as needed
- Front commercial negotiations and coordinate contract, agreement
- Trigger issuance of Purchase Orders
Ensure procurement governance:
- From time to time, publish/update procurement policies in line with Group governance and Indian regulations and arrange trainings for key team members from time to time
- For each individual vendor procurement, ensure Group procurement policies requirements are followed, eg. process, documentation, vendor due diligence, commercial and contractual protections, purchase order issuance etc with appropriate approvals and reviews.
- Project management and team oversight to ensure the business's procurement requirements are met in a timely and orderly manner.
You could be the right candidate if you:
- Understand & craft successful product conceptualization & delivery by synthesizing the intersection of market environment, consumer behavior & business ambition
- Can empathize well with & understand the motivations of users
- Collaborate & communicate effectively across disciplines such as Technology, Product, Operations, Marketing & Analytics teams to coordinate and execute the procurement program.
- Are able to act as an indispensable member of the delivery team throughout all phases of the procurement process
- Are passionate about operating interactively
- Are able to present your strategy and persuade stakeholders while solving user problems creatively and effectively
- Can communicate decisions effectively
- Able to identify metrics & analytics to track turn-around-times across each process step and are continuously seeking to improve speed and quality of outcomes
- Have a curious mind; measure what really matters and can design subsequent iterations basis insight
