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Axis Max Life Insurance
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Assistant Manager - Procurement

Assistant Manager - Procurement

Axis Max Life Insurance

5 - 11 years

7 - 13 Lacs

Gurugram

Posted:1 hour ago| Platform:

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Skills Required

Relationship management Printing Procurement Legal compliance Underwriting Sales process RFQ RFP Financial services Auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Procurement - Assistant Manager

About Max Life Insurance

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation.

Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners. Max Life has built its

operations over almost two decades through need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.

As per public disclosures, during the financial year 2019-20, Max Life achieved gross written premium of Rs. 16,184 crore. As on 31st March 2020, the Company had Rs. 68,471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913,660 crore.

For more information, please visit the Companys website a t www.maxlifeinsurance.com

We Stand for

Caring

A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives, eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance.

Collaboration

A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes, thus, delivers to the organization s ask. A leader who addresses challenges with a solution oriented approach to create win-win partnerships within & outside teams through inspired cooperation and teamwork.

Customer Obession

A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience.

Growth Mindset

An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo, takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance.

People Leadership

A people s leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching, empowering & motivating them to deliver superior business outcomes.

"Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity."

Procurement of common services / goods for Line of Business mainly for commodities like PPMC, Policy Printing, Claim Investigations, Customer Personal Verification, Underwriting, Survey & Research, Audit, Fitout, Facility Services, New Office Fitout etc.
Handle around 8-10 categories, 12-15 subcategories with total spend of approx. 50 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 customer, 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.

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Assistant Manager - Procurement