Hiring for leading General Insurance Firm in Mumbai

Title: Head of Procurement (IT and Non IT)

Location: Mumbai

Industry: Insurance

Role: We are looking for an experienced procurement leader to drive strategic sourcing, category management and vendor governance across IT and non-IT functions.

Key Responsibilities:
Develop and execute the overall procurement strategy aligned with business objectives.
Lead end-to-end sourcing, tendering, commercial negotiations and contract management across IT and non-IT categories.
Manage diverse procurement categories, including Technology, Marketing, Facilities, HR, Travel, Qualified Services, Claims Support and Administration.
Drive cost optimisation, spend efficiency and strategic vendor partnerships.
Establish vendor performance metrics, SLAs and governance frameworks to ensure quality and service delivery.
Ensure adherence to internal procurement policies, regulatory requirements, IRDAI guidelines and audit standards.
Identify sourcing efficiencies,



alternate vendors and opportunities for process improvement and automation.
Partner with business leaders, Finance, Legal, Risk and Compliance teams to align procurement strategies with organisational needs.
Lead and develop the procurement team, fostering accountability and solid commercial practices.

Candidate Profile:
Graduate in Commerce, Engineering or Business Administration; MBA preferred.
15+ years of experience in Strategic Procurement, including at least 5 years in a leadership role.
Experience across both IT and non-IT procurement categories is essential.
Prior experience in the BFSI / Insurance sector is preferred.
Solid expertise in strategic sourcing, category management, contract negotiation and vendor governance.
Exposure to procurement automation and e-sourcing platforms would be an advantage.
Excellent leadership, commercial acumen and stakeholder management skills.

📌 Head Of Procurement Mumbai (India)
🏢 First Quadrants
📍 India