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 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 they require to deliver their plans. - Identifying what product or service attributes are important in choosing a vendor to deliver the capabilities/products/services, along with expected timelines and costs. - Advising on the procurement approach for each sourcing activity under applicable policy 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 and information expected in vendor proposals and timelines of the process. - Objectively evaluating vendor proposals/quotations and recommending vendor choice and terms or other applicable next steps. - Engaging with vendors to share the RFP/RFQ/RFI, answering queries, providing clarifications, and coordinating commercial negotiations and contracts. - Ensuring procurement governance by publishing/updating procurement policies in line with Group governance and Indian regulations, arranging trainings for key team members, and ensuring Group procurement policies requirements are followed for each vendor procurement. You could be the right candidate if you: - Understand and craft successful product conceptualization and delivery by synthesizing the intersection of the market environment, consumer behavior, and business ambition. - Empathize well with and understand the motivations of users. - Collaborate and communicate effectively across disciplines to coordinate and execute the procurement program. - Act as an indispensable member of the delivery team throughout all phases of the procurement process. - Present your strategy, persuade stakeholders, and solve user problems creatively and effectively. - Communicate decisions effectively and identify metrics and analytics to track turn-around-times while continuously seeking to improve outcomes. - Have a curious mind, measure what 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 are attentive to new ideas. - Are comfortable with progressive iteration and balancing the level of service a digital asset should provide. - Can identify and polish raw ideas into shining solutions, work openly in a collaborative environment, take responsibility for your output, and think holistically to solve for the customer. What Can Make You Extra Special: - Experience in designing user-centric procurement workflows, expertise in commercial negotiations, and a passion for continuous improvement. - Incisive insights about customers, regardless of the industry you have worked in. - Meaningful certifications in agile and a deep understanding of the principles behind the jargon. - Real stories to share about challenging conventions and taking unconventional paths. Location: Mumbai/Bangalore.,