Skip to content

Search jobs inside your AI agent. ClaudeChatGPTCursorGrok Bot

Connect

Kotak Life Insurance

AVP – Procurement (IT & Professional Services) - Mumbai (Intellion Square - HO)

Posted Updated
Discussion

Description

<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0"> <tbody><tr> <td width="707" valign="top" style="width:529.9pt;border:solid #C0504D 1pt;border-bottom:none;background:#ED3237;padding:0in 5.4pt 0in 5.4pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">OBJECTIVE OF THE ROLE</span></b><b></b></p><p><b></b></p><b></b> </td> </tr> <tr> <td width="707" valign="top" style="width:529.9pt;border:solid #C0504D 1pt;padding:0in 5.4pt 0in 5.4pt;"> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">The Professional Services Procurement Manager is responsible for driving strategic sourcing, supplier selection, contract negotiations, and commercial management of professional service categories across the organization. </span></p><p></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">The role partners with business functions to procure specialized services that support operational effectiveness, regulatory compliance, business transformation, and risk management while delivering optimum value, quality, and cost efficiency. Key categories include Operation services like call centre, Data entry, HR, Legal, Consultant, Third party resources, Insurance, etc., </span></p><p></p> </td> </tr> </tbody></table> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0"> <tbody><tr style="border-left:1px solid #000000;height:23.1pt;"> <td width="583" valign="top" style="width:437.4pt;border:solid #C0504D 1pt;background:#A6A6A6;padding:0in 5.4pt 0in 5.4pt;height:23.1pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">HOW Will YOU CONTRIBUTE TO THIS ROLE</span></b><b></b></p><p><b></b></p><b></b> </td> <td width="112" valign="top" style="width:84.1pt;border:solid #C0504D 1pt;border-left:none;background:#A6A6A6;padding:0in 5.4pt 0in 5.4pt;height:23.1pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">Weightage</span></b><b></b></p><p><b></b></p><b></b> </td> </tr> <tr style="border-left:1px solid #000000;height:203.75pt;"> <td width="583" valign="top" style="width:437.4pt;border:solid #C0504D 1pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:203.75pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Strategic Sourcing</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Develop and execute category strategies for professional services spend.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Lead end-to-end sourcing activities, including RFI, RFQ, RFP, evaluation, negotiations, and contract award.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Identify opportunities for cost savings, process improvements, and supplier consolidation.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Analyze spend data and market trends to recommend sourcing strategies.</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Supplier Management</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Build and maintain relationships with key service providers.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Conduct supplier performance reviews and ensure adherence to service levels.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Monitor supplier risk, financial stability, and compliance requirements.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Drive supplier development and continuous improvement initiatives.</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Contract Management</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Lead commercial negotiations for professional services agreements.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Collaborate with Legal, Finance, and Business stakeholders to finalize contracts.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Ensure contracts comply with company policies, regulatory requirements, and risk management guidelines.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Track contract renewals, amendments, and expiration dates.</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Stakeholder Management</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Partner with business units to understand service requirements and project objectives.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Provide procurement guidance throughout the procurement lifecycle.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Influence stakeholders to adopt procurement best practices and preferred suppliers.</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Financial & Commercial Management</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Conduct pricing and commercial analysis to achieve value for money.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Track procurement savings and value creation initiatives.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Support budget planning and spend forecasting activities.</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Governance & Compliance</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Ensure procurement activities comply with company policies and procedures.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Support internal and external audits related to procurement activities.</span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Maintain accurate procurement documentation and reporting.</span><p></p></li> </ul> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> </td> <td width="112" valign="top" style="width:84.1pt;border-top:none;border-left:none;border-bottom:solid #C0504D 1pt;border-right:solid #C0504D 1pt;padding:0in 5.4pt 0in 5.4pt;height:203.75pt;"> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> </td> </tr> <tr style="border-left:1px solid #000000;height:2.1pt;"> <td width="583" valign="top" style="width:437.4pt;border:solid #C0504D 1pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:2.1pt;"> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">TOTAL</span></p><p></p> </td> <td width="112" valign="top" style="width:84.1pt;border-top:none;border-left:none;border-bottom:solid #C0504D 1pt;border-right:solid #C0504D 1pt;padding:0in 5.4pt 0in 5.4pt;height:2.1pt;"> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">100%</span></p><p></p> </td> </tr> </tbody></table> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0"> <tbody><tr> <td width="696" valign="top" style="width:522.3pt;border:solid #C0504D 1pt;background:#A6A6A6;padding:0in 5.4pt 0in 5.4pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">MUST HAVE </span></b><b></b></p><p><b></b></p><b></b> </td> </tr> <tr style="border-left:1px solid #000000;height:122.95pt;"> <td width="696" valign="top" style="width:522.3pt;border:solid #C0504D 1pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:122.95pt;"> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Education: </span></b></p><p><b></b></p><b></b> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">MBA - Supply Chain Management / Engineering</span></p><p></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Professional certification such as CPSM, CIPS, CPM, or equivalent preferred. </span></p><p></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Work experience in years: </span></b></p><p><b></b></p><b></b> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">7 years + procurement or strategic sourcing experience, preferably in professional services categories. Preference from BFSI </span></p><p></p> <p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Skills / experience required:</span></b></p><p><b></b></p><b></b> <ul style="margin-top:0in;" type="disc"> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Strategic sourcing and category management </span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Contract negotiation </span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Supplier relationship management </span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Spend analysis and reporting </span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Procurement systems (SAP Ariba / Oracle, etc.) </span><p></p></li> <li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Commercial and financial analysis</span><p></p></li> </ul> <p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p> </td> </tr> </tbody></table> <p class="MsoNormal"><span style="font-size:11pt;"> </span></p>

Skills

Apply

See also

Operations jobs by country — openings, pay and top skills →