Position Overview
We are seeking an experienced Assistant Procurement Manager with a strong background in the Insurance Industry to join our procurement team in Riyadh. In this role, you will take full ownership of the end-to-end procurement lifecycle—from strategic vendor sourcing and purchasing to supplier qualification and performance management. You will operate with high autonomy, working individually to establish robust vendor relationships, manage insurance-specific vendor registrations, and drive cost-effective sourcing strategies aligned with local market dynamics and regulatory standards in Saudi Arabia.
Key Responsibilities
- Full-Cycle Purchasing & SourcingExecute the complete purchasing lifecycle, including requisition review, Request for Proposal/Quote (RFP/RFQ) management, negotiation, purchase order issuance, and contract administration.
- Identify, evaluate, and onboard strategic vendors and service providers tailored to insurance and corporate requirements (e.g., loss adjusters, medical networks, IT infrastructure, legal counsel, and third-party administrators).
- Conduct commercial negotiations on pricing, payment terms, SLAs, and contract conditions to secure optimal value without compromising quality.
- Vendor Management, Qualification & RegistrationDirect the end-to-end vendor onboarding process, including registration, pre-qualification, financial screening, and compliance verification.
- Establish and maintain a comprehensive database of qualified vendors, ensuring all commercial registrations (CR), certifications, and licenses remain up to date.
- Implement vendor performance evaluation frameworks (KPIs/SLAs) and conduct periodic reviews to ensure continuous service quality and compliance.
- Insurance & Saudi Compliance AlignmentLeverage domain knowledge of insurance operations to align procurement practices with local regulatory stan