Head of Procurement Insurance (Mumbai)

Head of Procurement Insurance (Mumbai)

09 Nov
|
First Quadrant Solutions
|
Mumbai

09 Nov

First Quadrant Solutions

Mumbai

Hiring for leading General Insurance Firm in Mumbai
Title: Head of Procurement (IT and Non IT)
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.

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, Professional Services, Claims Support and Administration.
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.
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 strong commercial practices.

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 Insurance (Mumbai)
🏢 First Quadrant Solutions
📍 Mumbai

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