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Assistant Vice President - Procurement


Max Financial Services


Location

Gurgaon | India


Job description

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 a t

We Stand for:

Caring

A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives, eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance.

Collaboration

A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes, thus, delivers to the organization's ask. A leader who addresses challenges with a solution oriented approach to create 'win-win' partnerships within & outside teams through inspired cooperation and teamwork.

Customer Obession

A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience.

Growth Mindset

An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo, takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance.

People Leadership

A people's leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching, empowering & motivating them to deliver superior business outcomes.


'Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity.'

JOB DESCRIPTION

Job title

Assistant 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)

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.

Job Accountabilities

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 and outside the organziation


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