Purchase Executive (Insurance)

Bachelor of Business Administration, MBA/PG Diploma in Business Mgmt

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

• Managing day to day Import & Local procurements of products & services with end-to-end procurement process
• Having strong background in Insurance procurement, policy management & claims handling
• Prefer knowledge in handling exhibition stands procurement locally and globally
• Having expertise in Interior fit out/Maintenance procurement
• New vendor development and reviewing the vendor contracts for optimizing risks.
• Apply appropriate commercial review and negotiation, cost and price analysis techniques to evaluate vendor proposals and negotiate contractual terms and conditions.
• Implementing Master Service Agreements (MSAs), Schedules/ Statements of Work (SOW) and variations for projects whilst ensuring they are aligned with RAKC legal framework.
• Following sustainability methods while procuring all goods & services
• Participate in strategic sourcing process, supplier selection and maintain contract repository.
• Negotiating and purchasing from both local and international vendors.
• Monthly monitoring of costs and ensure that they are within budget.
• Engage in ongoing projects to eliminate wastes in the process and to meet the targeted savings.
• Perform logistical coordination and implement material management policies and procedures.
• Proactively maintain positive working relationships with internal customers and vendors alike to expedite the procurement process efficiently, effectively and in accordance with the approved policies and procedures
• Analyse market trends and market conditions including pricing, availability, lead-time, and innovative practices.
• Data Analysis of OTIF, Rejections and NPD.
• Take initiatives to improve total cost of ownership (TCO).

Desired Candidate Profile

• A good understanding of Incoterms
• Ability to negotiate with vendors on behalf of the organization
• Ability to draft contracts
• Analytical skills to identify root cause for any deviation, delay or issue in the process
• Ability to handle end-to-end process of purchase
• Process knowledge of PR to PO cycle
• Proficient in SAP MM module
• Ability to perform effectively under pressure
• Prioritization skills

Employment Type

• Full Time

Company Industry

• Ceramics
• Sanitary Ware

Department / Functional Area

• Buying
• Purchase
• Procurement

Keywords

• Insurance Procurement
• Insurance Purchase Coordinator
• Insurance Purchasing Agent
• Contract Negotiation
• Insurance Sourcing Executive
• Insurance Buyer
• Procurement Management
• Insurance Procurement Analyst
• Claims Management
• Cost Management