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pfi innovation centre india

Procurement Relationship Management PRM , Analyst

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Job Description

Job Summary

Job Description – Procurement Relationship Management (PRM), Analyst

PFI India is an exciting new innovation center. We're building a future that helps people live better lives longer— and we're looking for bold thinkers and team players to help us do it. Here, you'll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.

a Purpose Driven Company – 150 Years

While the PFI brand is new to India, you'll be a part of the Prudential Financial, Inc. family. Founded in 1875 in Newark, New Jersey, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, we're a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.

At PFI India, you'll find a high-performance culture that's flexible, collaborative and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable — always focused on delivering for our customers. It's the standard we choose every day as we grow, perform, and win as one team.

We offer valuable leadership, mentoring and learning opportunities, paired with the flexibility and support to help you thrive.

Whether you're just starting out or ready to take your next step, we'll help you grow with purpose and do the best work of your career.

The incumbent supports Prudential's enterprise procurement initiatives by developing opportunity analyses, preparing reporting and dashboards, and generating insights that shape overall procurement service delivery and stakeholder engagement. The role partners closely with Directors and Managers to translate BU and functional needs into structured analysis that informs decision‑making and showcases the value of GSP.

This role is central to enabling a data‑driven procurement experience and strengthening the connection between business strategies and GSP capabilities.

Key Responsibilities

  • Conduct opportunity analyses (e.g., supply-side actions for gross margin improvements, determining procurement value add in product conception and optimization, identifying gaps in procurement services) to support relationship managers, category leaders and all other functions within GSP.
  • Analyze procurement control reporting (e.g., compliance, cycle time, guided‑buying adoption, maverick spend) and partner with Systems & Analytics to ensure accuracy and consistency.
  • Develop executive‑ready insights, and internal presentations that highlight procurement value and emerging opportunities.
  • Track, measure, and report on procurement value delivery across company Functions, Business Units, or initiatives.
  • Contribute to opportunity briefs that inform sourcing strategies and supplier innovation conversations.
  • Support implementation of AI‑enabled opportunity sensing and analysis tools.
  • Gather and synthesize BU/functional updates to inform GSP's strategic engagement planning.
  • Partner with stakeholders to answer procurement process questions and provide guidance on key steps, documentation requirements, and policies.
  • Participate in cross‑functional special projects across Sourcing, CLM, TPRM, and Systems & Analytics.

Qualifications

  • Bachelor's degree in business, supply chain, analytics, finance, or related field.
  • 2–5 years of experience in procurement, analytics, finance, consulting, or related roles.
  • Strong analytical and quantitative skills; comfort building models and interpreting data.
  • Clear and concise communication skills and comfort presenting insights.
  • Ability to manage multiple priorities and operate in a fast‑paced environment.
  • Interest in digital tools, AI‑assisted analytics, and process automation.

Skills and Competencies

  • Data Fluency – Skilled in analyzing and interpreting complex datasets.
  • Problem‑Solving – Breaks down ambiguous issues and provides structured insights.
  • Business Communication – Creates clear, compelling presentations and summaries.
  • Collaboration – Works effectively across functions and stakeholder groups.
  • Learning Agility – Quickly builds knowledge of procurement tools and processes.

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Job ID: 146430393

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