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223 Axis Max Life Insurance Jobs

Manager - Procurement

6-10 years

Gurgaon / Gurugram

1 vacancy

Manager - Procurement

Axis Max Life Insurance

posted 5d ago

Job Role Insights

Flexible timing

Job Description

Job Summary:


Technology Procurement Team is responsible for all direct & Indirect technology sourcing needs across business operations and corporate functions. Senior Manager position in Technology Procurement Team would be instrumental in identifying, building and managing effective relationships, with key suppliers and in improving the performance and capability of all significant sources of supply.


Effectively utilize strategic sourcing and supplier relationship management processes to achieve company goals of securing continuity of supply of goods and services, reducing total cost of ownership, improving supplier quality, establishing external partnerships to accelerate innovation and lead identification and execution of cost optimization initiatives. Support organizational strategies to achieve corporate objectives.


Role & Responsibilities:


  • Effectively manage the Annual Technology Spend of INR 200 Cr+ across Hardware, Software, Cloud Services, Application Development, Digital Initiatives, Maintenance and Support Services
  • Deliver KPIs of cost reduction, cost avoidance, quality of services, timely deliveries, risk management, stakeholder engagement, controls and compliances.
  • Directly collaborate and hands on manage the RFX process for Technology Procurements.
  • Directly manage preparation of term sheets, vendor proposals, comparative statements, review of POs, contract clauses negotiations with vendors.
  • Manage and resolve post contract business escalations
  • Develops and execute Source to Contract Cycle and Category Management Strategy in assigned categories.
  • Develop and maintain vendor relationships, consolidate spend, reduce the use of non-strategic suppliers, implement supplier-sourcing strategies to ensure cost competitiveness.
  • Create and negotiate high impact outcome focused commercial structures
  • Contribute to establishing robust procurement systems & processes.
  • Ensure all established costs, quality, and delivery commitments are met.
  • Lead all aspects of supplier, outsourcing partner negotiations, including contract terms, pricing and performance management.
  • Adherence to ever evolving control and compliance requirements for corporate governance, fair and ethical practices
  • Third party risk management related to Technology vendor partners

Preferred Candidate Profile


  • Engineering Degree /Graduation in Materials or Supply Chain Management or Operations Management
  • Preferred MBA or CPSM / equivalent certification
  • 6+ years of sourcing and procurement experience. Strong experience in deploying strategic sourcing plans and delivering KPIs (Savings, Quality of Service, Risk Management, Digitalization, Controls & Compliances).
  • Good understanding of Technology products and services in Hardware, Software, Networking and Telecom domain.
  • Expertise in technology sourcing across multiple business use cases (products, services and solutions).
  • Understanding and proven relationships in vendor eco-system comprising of large blue-chip companies across diverse technology product and service offerings, Tier 2 local vendors and local taxation.
  • Proven expertise in managing a spend of Rs 200 Cr+
  • Proven expertise in stakeholder management (supplier relationship and business stakeholders)
  • Ability to work in as fast paced, entrepreneurial environment
  • Strong compliance mindset, with ability to build & implement robust system & processes
  • Proficiency in Source to Contract Systems


Employment Type: Full Time, Permanent

Read full job description

Prepare for Procurement Manager roles with real interview advice

Top Axis Max Life Insurance Procurement Manager Interview Questions

Q1. tax slabs and why anyone should buy a insurance policy rather then Invest in FD
Q2. how to motivate other persons to sell a insurance policy.
Q3. Can you handle pressure as there will be lot of pressure?
View all 88 questions

What people at Axis Max Life Insurance are saying

Procurement Manager salary at Axis Max Life Insurance

reported by 7 employees with 10-14 years exp.
₹11 L/yr - ₹17 L/yr
11% less than the average Procurement Manager Salary in India
View more details

What Axis Max Life Insurance employees are saying about work life

based on 5.4k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Axis Max Life Insurance Benefits

Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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