Procurement Manager at AXA

, Hong Kong, China -

Full Time

Start Date

Immediate

Expiry Date

16 Mar, 26

Salary

0.0

Posted On

16 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Category Management, Sourcing, Negotiation, Contract Management, Data Management, Supplier Relationship Management, Risk Management, Compliance, Analytical Skills, Decision-Making, Interpersonal Skills, Attention to Detail, Procurement Software, Sustainability Practices, Team Player, Self-Starter

Industry

Insurance

Description

Responsibilities: Category Management and Strategy Development: Develop and implement category strategies aligned with business objectives. Conduct spend analysis and identify opportunities for cost savings and process improvements. Conduct market research to identify potential suppliers and benchmarking. Coordinate with Group Procurement function to maximize bargaining power and drive consistency. To support the implementation of Group agreements for local execution. Sourcing & Negotiation: Lead end-to-end sourcing processes, including RFP/RFQ/RFX, supplier evaluation, and selection. Adhere the appropriate procedures based on Procurement Policy in supplier selection, due diligence and contracting process. Negotiate contracts and commercial terms to achieve optimal value for the organization. Contract Management: Working closely with Legal and Business for contract review and manage supplier contracts ensuring compliance with Company policies and legal requirements. Maintain the Procurement contracting archiving system in accuracy manner. Support Procurement team time to time review the contracting system improvement and identify any automation opportunities. Data Management, Analysis and Reporting: Utilize various data sources to perform in-depth spend analysis, identify trends and support decision making. Prepare quarterly savings report, minimum control procurement framework (MCPF) or any sustainability report requirements. Supplier Relationship Management: Build and maintain strong relationship with key suppliers to foster collaboration and innovation. Monitor supplier compliance with contractual obligations and service-level agreements. Risk & Compliance Management: Ensure adherence to company policies, regulatory requirements, and ethical standards in procurement activities. Support AXA’s Sustainability and Inclusive Procurement initiatives for ESG and Diversity & Inclusion. Conduct required due diligences during the tender and post-tender stage. Other contributions: Procurement process education to stakeholders. Explore procurement process digitization and improvement opportunities. Lead Non-IT team to support daily sourcing activities. Qualifications: Bachelor’s degree or above in Business, Supply Chain Management, or a related field. A master’s degree or relevant certification (e.g., CIPS, CPSM) is a plus; Minimum of 10-15 years of experience in procurement, at least 5 years in mid-level managerial position. A candidate with less experience will consider as Assistant Manager. Ideally have experiences within the insurance/financial/government services industry (not a must). Excellent analytical and strong decision-making skills, with the ability to make data-driven decisions. Exceptional negotiation, influencing, interpersonal skills and agility to adapt changes. Diplomatic, agile, resilience – can work well with all levels of people. Good team player and able to work independently as self-starter with “can do” spirit. Ethical and strong integrity. Attention to detail and investigative and questioning nature. Knowledge of risk management/third party risk management and compliance in procurement. Familiarity with sustainability practices and carbon emission in Non-IT procurement. Proficiency in procurement software and tools (e.g., Coupa, SAP, Oracle, etc.), as well as Microsoft Office Suite (M365). About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation. We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company. AXA is an equal opportunity employer. We are committed to promoting Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential. Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company. Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits) , Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).

Responsibilities

The Procurement Manager will develop and implement category strategies, lead sourcing processes, and manage supplier contracts. They will also ensure compliance with company policies and support sustainability initiatives.