Exide Life Insurance - Senior Manager - Procurement - Professional Services Category

Position Summary (Comprehensive summary of what the job exists to accomplish):

- Responsible for managing end to end procurement activities related to Professional services category

- Hands on experience in SoW creation and contracting skills preferred

- Demonstrate Strategic sourcing experience and lead supplier selection, negotiation, supplier management and identify cost savings opportunities

Key Accountabilities (A collection of duties and/or responsibilities assigned):

- Ensure adherence to Procurement policy and Standard Operating Procedures (SOP) while performing sourcing activities

- Demonstrate category procurement experience, formulate and implement strategy

- Demonstrate strong negotiation and supplier management skills

- Manage RFX process

- Evaluation of suppliers, Negotiation, Contracting and carry out market analysis

- Drive supplier base optimization without compromise on quality, cost & business continuity

- Responsible for identification of cost saving initiatives and drive cost savings

- Demonstrate strong customer focus (internal stakeholders) and strong internal collaboration

- Responsible for day to day management of procurement activities

- Closure of agreements / contracts for the outsourced activities

Skills, Knowledge & Qualifications (Framework required by the position):

- Overall experience of 7-10 years with minimum 5 years of experience in Procurement, preferably in Professional services category

- Bachelor's degree in Engineering or Graduation in Science or Commerce; Post-graduation would be preferred

- Experience in managing RFX process and evaluation of suppliers

- Strong supplier management skills

- Strong negotiation skills

- Hands on experience in using Office Applications like Word, Excel and Access

- Knowledge in e sourcing, market research, bench marking would be preferred

- Knowledge in cost & supplier financial health analysis would be preferred

Personal Attributes & Competencies:

- Proven time management skills

- Strong influential skill & results orientation

- Strong customer orientation

- Excellent communication skills - Both Written & Oral

- Experience in understanding legal terms & conditions and lead contracting discussions

- Self-starter

- Excellent team player

Performance Measures (The quantitative measures of the job's overall responsibility):

- Timely completion of sourcing activities without process deviation

- Cost savings

- Stakeholder feedback

Person Profile:

- Base Location: Bangalore or willing to relocate to Bangalore

- Age (Min to Max): 31 - 40

- Experience (Min to Max): 7 - 10 years

- Specific Qualification Requirement, If any ( Eg: CA, LLB): Bachelor's degree in Engineering or Graduation in Science or Commerce; Post-graduation would be preferred

- Industry Preference (Insurance, Telecom, BFSI) - BFSI, Services Industry

- Position reports to - Vice President- Procurement

- % Travel Required in this Position - Very minimal.