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Senior Manager, Group Procurement

12-14 Years
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  • Posted 16 hours ago
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Job Description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

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Senior Manager, Group Procurement

(Category Lead - Professional Services & Marketing/MICE | Governance)

Purpose

  • You will play a key role in shaping and advancing our Group Procurement agenda, leading both strategic sourcing and governance initiatives across diverse spend categories.

Key Accountabilities

1. Category Management & Strategic Sourcing

  • Lead end-to-end category management across:

    • Professional services

    • Marketing, branding, customer engagement, events & conferences (MICE)

  • Develop and execute short-, medium- and long-term sourcing strategies

  • Conduct end-to-end sourcing (demand analysis, market analysis, bidding, negotiation, contracting)

  • Identify cost optimization, efficiency, and risk mitigation opportunities

  • Drive regional vendor strategies and supplier rationalization

  • Deliver annual savings targets and financial benefits

2. Procurement Governance & Transformation

  • Establish and drive procurement governance framework, policies, and processes

  • Monitor policy compliance, reporting, and procurement dashboards/analytics

  • Act as a governance advisor to stakeholders on best practices, controls, and risk

  • Lead vendor performance reviews and re-assessment of strategic vendors

  • Support procurement transformation, organization development, and process improvement (S2P, contract management)

3. Vendor & Risk Management

  • Manage strategic vendor relationships to optimize cost, service, and quality

  • Lead vendor risk management, due diligence, and lifecycle management

  • Define vendor selection, negotiation strategy, and contracting structures

  • Assess and mitigate commercial and contract risks

  • Ensure continuity of supply and compliance with Group standards

4. Business Partnering

  • Act as a procurement business partner to Group functions and business units

  • Build strong stakeholder relationships and drive early procurement engagement

  • Provide guidance on procurement processes, policies, and best practices

Qualification

  • 12+ years of experience in procurement, with category leadership exposure

  • Strong expertise in professional services and/or marketing & events procurement

  • Proven track record in strategic sourcing, negotiation, contract and vendor management

  • Solid understanding of procurement governance and risk management

  • Strong stakeholder engagement and influencing skills

  • Experience in financial services and/or a fast-paced regional environment preferred

More Info

Job ID: 149159183

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