Course reimbursements

Annual health checkup

Health insurance

Office gym

Rewards & recognition

Paternity leaves

Child care facility

International/On-site exposure

Car lease

Stock options

Recreational activities

Mobile bill reimbursements

Mental health wellbeing

Job/Soft skill training

Cafeteria

Retirement benefits

Joining goodies

Life insurance

Maternity leaves

Performance bonus

Gifts on festivals

ERGO Technology & Services Reviews by Employees

Senior Software Engineer

Deputy Manager

Technical Lead

Business Analyst

Requirement Engineer

Senior Manager

Test Engineer

Software Engineer

Description: Job Description: Senior Manager Cost Management Department: Cost Management Function: Finance Position: Senior Manager Band: M1 Location: Mumbai Andheri (LBP) Reporting To: M3 About HDFC ERGO HDFC ERGO General Insurance Company Limited, a subsidiary of HDFC Bank Limited, is one of India's leading private-sector general insurance companies. The company offers an extensive portfolio of products across motor, health, travel, home, property, marine, and liability insurance segments. With a nationwide network of branches and 24x7 customer support, HDFC ERGO is known for its customer-first approach, innovative offerings, and operational excellence. Our Vision To be the most admired insurance company that enables customers progress by being responsive to their needs. HDFC ERGO as an Employer We believe in Sensitivity We drive Excellence We uphold Ethics We bring Dynamism Role Overview The Senior Manager Cost Management will be responsible for leading non-IT procurement across multiple categories, managing high-value spends, ensuring vendor governance, driving cost optimization, and delivering business value through strong procurement practices. The role demands deep expertise in the end-to-end procurement lifecycle, stakeholder management, negotiation, compliance, and vendor performance management. Key Responsibilities End-to-End Procurement (Non-IT Categories) Independently manage the complete procurement lifecycle including: - Requirement gathering - RFP preparation & floating - Comparative analysis / bid evaluation - Commercial negotiations - Reverse & forward auctions via ProcureTiger - Vendor selection & onboarding through ProcureBuddy - Contracting & PO issuance (Oracle P2P) - Vendor performance evaluation - Procurement audit compliance - Ensure cost competitiveness, quality standards, and timely closure of all procurement requirements. Vendor Management & Governance - Conduct vendor/partner due diligence and ensure compliant onboarding. - Manage existing strategic and preferred vendor relationships. - Build backup vendors for each category to mitigate risks. - Track vendor performance metrics and drive continuous improvement initiatives. Spend Management - Manage procurement spend in the range of INR 80100 Crores annually. - Perform spend analysis, category-wise optimization, and negotiate cost savings opportunities. - Support budgeting, forecasting, and cost control through effective procurement strategies. Process, Policy & System Management - Update procurement policies, SOPs, and automation initiatives as needed. - Utilize Oracle P2P, ProcureBuddy, and procurement modules to ensure governance and compliance. - Prepare structured MIS reports and procurement dashboards for management reviews. Stakeholder Collaboration - Act as a key point of contact for internal stakeholders across finance, operations, admin, and business teams. - Ensure swift coordination and a solution-oriented approach for timely closure of all procurement requirements. - Build strong engagement with cross-functional teams to support business needs. Compliance & Audit - Ensure procurement activities comply with internal audit, external audit, and regulatory requirements. - Maintain documentation, supplier contracts, and negotiation records for audit readiness. Key Requirements Education & Certifications - Graduate / Post Graduate - Preferred: MBA, Material Management, or Supply Chain diploma Key Requirements Experience - Minimum 7 to 8 years of relevant experience in Procurement - Experience must be in Non-IT procurement (mandatory) - Should have handled procurement spends of INR 80100 Cr annually - Must have minimum 2 years of stability with current or previous organization - Preferably from BFSI industry (manufacturing profiles will not be considered) Skills & Competencies Technical Skills Hands-on experience with: - ProcureBuddy - Oracle P2P - ProcureTiger (Reverse & Forward Auctions) - Strong proficiency in MS Excel & MS PowerPoint - Ability to create MIS, dashboards, comparative statements, and cost sheets - Strong understanding of PO governance Functional & Soft Skills - Excellent communication and negotiation skills - Result-oriented, with strong ownership mindset - Strong analytical thinking and problem-solving ability - Ability to manage multiple stakeholders and close requirements within timelines - High integrity, discipline, and adherence to procurement governance Remarks - The details of this position are confidential. - Management reserves the right to modify the job specifications as needed

Mumbai

HDFC Ergo - Senior Manager - Procurement Cost Management 

Description: Job Description: Senior Agency Manager Company: HDFC ERGO General Insurance Location: Rewa, Madhya Pradesh Employment Type: Full-time, On-site About the Company: HDFC ERGO General Insurance Company Limited, a subsidiary of HDFC Bank Limited, is among Indias leading private-sector general insurance providers. Formed in collaboration with ERGO International AGpart of the Munich Re Groupthe company offers a wide portfolio of retail and corporate insurance solutions. These include motor, health, travel, home, property, marine, and liability insurance. With a strong national presence, a robust distribution network, and a customer-first philosophy supported by 24/7 assistance, HDFC ERGO is committed to delivering high-quality, technology-driven insurance solutions. Role Overview: The Senior Agency Manager will be responsible for managing and expanding the agency sales channel in Rewa. This role involves recruiting, developing, and leading a team of insurance agents/agency partners to achieve business growth, meet revenue targets, and build a high-performing distribution network. The position requires strong sales acumen, leadership capability, and a deep understanding of insurance industry dynamics. Key Responsibilities: 1. Agency Development & Recruitment: - Identify, recruit, and onboard high-potential agency partners/advisors. - Build and maintain a productive agency channel to drive sustained business growth. - Ensure the quality of recruitment meets company standards. 2. Sales Management: - Drive sales performance through the agency channel to meet monthly and annual business targets. - Monitor and track agent productivity, ensuring consistent achievement of KPIs. - Develop sales plans, promotional strategies, and activity schedules to maximize market penetration. 3. Training & Capability Building: - Provide regular training, coaching, and skill development sessions for agency partners. - Enhance product knowledge, selling skills, and compliance understanding. - Conduct periodic performance reviews and offer strategic guidance for improvement. 4. Market Analysis & Strategy: - Analyze local market trends, customer needs, and competitive landscape. - Identify business opportunities and implement effective market expansion strategies. - Prepare periodic MIS reports for sales tracking, forecasting, and decision-making. 5. Relationship Management: - Maintain strong relationships with agents, customers, and key stakeholders. - Address escalations, ensure service quality, and deliver a superior customer experience. - Coordinate with internal teams for seamless policy processing and claim support. 6. Compliance & Process Adherence: - Ensure adherence to regulatory guidelines and internal compliance standards. - Maintain documentation, audit readiness, and process discipline across the agency network. - Uphold ethical practices and represent the brand with integrity. Qualifications & Requirements: Education: - Bachelors degree in Business Administration, Marketing, Commerce, Finance, or a related field. - MBA or Postgraduate degree is an added advantage. Experience: - 35 years of experience in insurance sales, agency management, or financial services. - Proven track record in recruiting and managing agents/advisors. - Experience in general insurance is highly desirable. Skills & Competencies: - Strong sales and business development orientation. - Excellent leadership, coaching, and team management abilities. - Strategic and analytical mindset with strong decision-making skills. - Exceptional communication, negotiation, and interpersonal skills. - Understanding of general insurance products, IRDAI regulations, and market practices. - Proficiency in MS Office (Excel, PowerPoint, Word) and familiarity with CRM tools. Key Performance Indicators (KPIs): - Agent recruitment numbers and activation rate. - Monthly/quarterly premium achievement (GWP). - Agent productivity and retention. - Market expansion and new business conversion. - Compliance adherence and process excellence. Why Join HDFC ERGO?: - Opportunity to work with a leading and stable brand in the insurance sector. - Attractive incentives, performance-linked rewards, and career growth opportunities. - Strong training, learning, and development ecosystem. - Professional work environment focused on innovation and customer service excellence.

Others

HDFC Ergo - Senior Agency Manager 

Apply to 2 ERGO Technology & Services jobs on iimjobs.com, India's No.1 Management job portal. Explore Management job in ERGO Technology & Services Now! Company Page, IIM MBA Jobs, Ecommerce, Retail, Business, Development, Manager, Technology, Healthcare, Telecom, Insurance, FMCG, Media, BFSI, Director, VP/AVP, CEO/CFO, AGM/DGM

Apply to 2 ERGO Technology & Services jobs on iimjobs.com, India's No.1 Management job portal. Explore Management job in ERGO Technology & Services Now! Comapny page, IIM MBA Jobs, Ecommerce, Retail, Business, Development, Manager, Technology, Healthcare, Telecom, Insurance, FMCG, Media, BFSI, Director, VP/AVP, CEO/CFO, AGM/DGM

ERGO Technology & Services Careers, 2 ERGO Technology & Services Jobs, December 2025  Company Page - iimjobs.com