Manager- Procurement

Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact on the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. At Prudential Health India (PHI), we are on a mission to make Indians healthier while bridging the health protection gap. This is a Zero to One team undertaking a greenfield health insurance deployment in India committed to building journeys that will truly empathize with the customer and offer a differentiated, bespoke experience. To partner with us in this mission, we are looking for a Procurement lead. As a Procurement lead, your typical week might include the following: - Working with functional users to understand the capabilities/products/services required to deliver their plans. - Identifying the important attributes for choosing a vendor to deliver the required capabilities/products/services, along with expected timelines and costs. - Advising on the procurement approach for each sourcing activity under applicable policies and procedures. - Collaborating with functional users to document clear and well-articulated Request for Proposal (RFP)/Request for Information (RFI)/Request for Quotation (RFQ) or other applicable documents specifying the capability/product/service to be procured, information expected in vendor proposals, and timelines of the process. - Objectively evaluating vendor proposals/quotations and making recommendations on vendor choice and terms or other applicable next steps. - Engaging with vendors, sharing the RFP/RFQ/RFI, coordinating to answer queries, providing clarifications as needed, leading commercial negotiations, coordinating contracts, and issuing Purchase Orders. - Ensuring procurement governance by publishing/updating procurement policies in line with Group governance and Indian regulations, arranging trainings for key team members, and ensuring compliance with Group procurement policies for each vendor procurement. You could be the right candidate if you: - Understand and craft successful product conceptualization and delivery by synthesizing the market environment, consumer behavior, and business ambition. - Can empathize well with and understand the motivations of users. - Collaborate and communicate effectively across disciplines such as Technology, Product, Operations, Marketing, and Analytics teams. - Act as an indispensable member of the delivery team throughout all phases of the procurement process. - Are passionate about operating interactively, presenting strategies, persuading stakeholders, and solving user problems creatively and effectively. - Identify metrics and analytics to track turn-around-times across each process step and continuously seek to improve speed and quality of outcomes. - Have a curious mind, measure what really matters, and design subsequent iterations based on insights. This could be the gig for you if you: - Are passionate about consumer behavior and culture, enjoy spending time with customers to understand their needs, and have an attentive ear for new ideas. - Are comfortable with iterative progress while balancing the need for a minimal level of service a digital asset should provide. - Can identify opportunities for improvement and work collaboratively in a transparent environment. - Take responsibility for your output, think holistically across the organization, and focus on solving customer needs. What Can Make You Extra Special: - Experience in designing user-centric procurement workflows, expertise in commercial negotiations, and a passion for continuous improvement. - Insights about customers, regardless of the industry you have worked in. - Certifications in agile methodologies and understanding the principles beyond the jargon. - Stories of challenging conventions and taking unique paths in your work experiences. Location: Mumbai/Bangalore,