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4.1

based on 5k Reviews

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329 Max Life Insurance Jobs

Procurement Manager

7-12 years

Gurgaon / Gurugram

1 vacancy

Procurement Manager

Max Life Insurance

posted 9hr ago

Job Role Insights

Flexible timing

Job Description

Job Summary:

He/she 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, negotiate and structure cost effective and risk mitigated commercial models while executing cost optimization initiatives. Support organizational strategies to achieve corporate objectives


Role & Responsibilities:


  • 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.

Preferred Candidate Profile:


  • Engineering Graduate / MBA
  • Preferred Any Professional Qualification
  • 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

Primary Interactions:

  • External - Vendors
  • Internal - Internal Customers/Business Groups

Values:

Customer Obsession

  • Go beyond the creating customer delight
  • Understand the customer business needs and implement strategies to find value added solution to business problems

Collaboration

  • Solution Oriented, inspire by bridging gaps
  • Encourage others to give their best and go beyond the normal call of duty

Growth Mindset

  • Uses insights and intellect to raise the bar, continually challenges the boundaries
  • Sets stretched goals and pushes self and others to maximize outcomes
  • Highest degree of Ethics and Integrity

Employment Type: Full Time, Permanent

Read full job description

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People are getting interviews at Max Life Insurance through

(based on 194 Max Life Insurance interviews)
Job Portal
Referral
Walkin
Recruitment Consultant
Company Website
Campus Placement
31%
25%
9%
5%
3%
2%
25% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at Max Life Insurance are saying

4.0
 Rating based on 1 Procurement Manager review

Likes

Great environment and employee friendly

Dislikes

Nothing

Read 1 review

Procurement Manager salary at 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 Max Life Insurance employees are saying about work life

based on 5k employees
52%
45%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

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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