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Max Life Insurance

Manager - Procurement

8-10 Years
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Job Description

  • Negotiation and Sourcing of services related to Marketing, Ecommerce, SEO, Customized Merchandise, Gifting, Trainings.
  • Negotiation and finalization of Rate Card with large chain of Hotels, Airlines, Travel Desk, Large Mice Groups (Both International and Domestic).
  • Hands on experience in vendors evaluation, rating and selection.
  • Handle around total spend of approx. 100 Cr for year.
  • Experience of working in larger team of Procurement Professionals
  • Consolidate volume/ vendors for category / Sub category under role, develop new vendors to release savings.
  • Manage multiple mix of tactical and strategic, in various categories and ensure timely closure of contract and release of Purchase Order as per agreed SOP.
  • Led key initiatives, take full responsibility of the projects handled and keep users and stakeholders posted on the developments.
  • Draft RFP, RFQ, RFI on Ariba for handled project and conduct e-Auction and related sourcing event.
  • Prepare selection criteria for suppliers who can provide goods/services in accordance with the needs of the internal customers, negotiate rates, set up contracts and manage supplier relationships.
  • Achieve given business targets on SLAs, Cost reduction and key control indicators.
  • Manage and maintain internal customers, supplier relationships and customers.
  • High level of internal customer orientation, proactive approach and focus on meeting agreed SLAs.
  • Perform ongoing relationship management with Internal and External customer in order to increase satisfaction and improve interaction. Conducting regular monthly meeting with critical business / suppliers.
  • Meet all statutory and legal compliance requirements as per policy.

Job Accountabilities

Professional Qualification

  • Engineering Graduate / MBA
  • Preferred Any Professional Qualification

Desired Skills & Experience

  • 8-10 years of relevant experience in services procurement and similar domain
  • Mandatory experience of driving supplier selection, negotiations, purchase order management, contracts negotiation, supplier management etc.
  • Experience in similar commodity will be preferred
  • Working on Ariba (Mainly on RFP, RFQ, RFI etc.), Oracle.
  • Strong negotiation skills and cost analysis.
  • Analytical and commercial acumen
  • Strong interpersonal and communication skills (Verbal & Written)
  • Good presentation skills, excel, and system knowledge
  • Strong process understanding and adherence to processes

More Info

Job Type:
Function:
Employment Type:
Open to candidates from:
Indian

About Company

Max Life Insurance Company Limited is an Indian life insurance company headquartered in New Delhi. It is the largest non-bank private-sector life insurer in India and operates as an 80:20 joint venture between Max Financial Services and Axis Bank. Max Life provides a range of life insurance plans, including protection, savings, child, and pension plans. In FY 2024, Max Life reported an Embedded Value (EV) of 19,494 crore.

Job ID: 112054307