Vice President - Procurement
Date: Apr 26, 2024
Location: Gurugram, HR, IN
Company: maxlifeins
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About Max Life Insurance:
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution including agency and third party distribution partners. Max Life has built its operations over almost two decades through need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital.
As per public disclosures, during the financial year 2019-20, Max Life achieved gross written premium of Rs. 16,184 crore. As on 31st March 2020, the Company had Rs. 68,471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913,660 crore.
For more information, please visit the Company's website at www.maxlifeinsurance.com
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JOB DESCRIPTION
Job title Vice President & Technology Procurement Head |
Base Location Gurugram (NCR) |
Reports To Corporate Vice President & Procurement Head |
Position Type People Manager |
Hiring Function Procurement (CFO Organization) |
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Job Purpose
Technology Procurement Lead is responsible for all direct & Indirect technology sourcing needs across business operations and corporate functions. He/she would be instrumental in identifying, building and managing effective relationships, with key suppliers and in improving the performance and capability of all significant sources of supply. Effectively utilize strategic sourcing and supplier relationship management processes to achieve company goals of securing continuity of supply of goods and services, reducing total cost of ownership, improving supplier quality, establishing external partnerships to accelerate innovation and lead identification and execution of cost optimization initiatives. Support organizational strategies to achieve corporate objectives.
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Job Accountabilities
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Job Context
· Max Life Insurance is a fast -growing company (annual sales turnover of ~ $3 Bn). Its one of the largest private insurance companies in India. · Insurance industry is at cusp of explosive growth amid growing market size and federal focus to ensure Insurance for all. Job holder will have the opportunity to support shaping the future of Max Life Insurance and sustain its profitable growth path. |
Role Profile
Professional Qualification
Desired Skills & Experience
Values • Customer Obsession o Go beyond the creating customer delight o Understand the customer business needs and implement strategies to find value added solution to business problems • Collaboration o Solution Oriented, Inspire by bridging gaps o Encourage others to give their best and go beyond the normal call of duty • Growth Mindset o Uses insights and intellect to raise the bar, continually challenges the boundaries o Sets stretched goals and pushes self and others to maximize outcomes • Highest degree of Ethics and Integrity Behaviour and Skills: • Focus on Results o Strong analytical mindset o Good execution ability wherein strategy can be balanced with operations • Change Orientation o Creativity to seek, encourage and find innovative approaches o Able to adapt quickly to a constantly changing environment • Influencing o High energy, action oriented, agile in changing and growing environments. • Build Effective Teams o Collaborative working approach to bring people on board o Effective leadership and influencing skills. o Orientation towards team development • Self-Awareness & Impact o Excellent strategic thinking skills combined with strong analytical skills • Communication o Excellent communication and listening skills; be confident, resilient, and comfortable with communicating at all levels o Emotional intelligence to deal with different stakeholders within the company |