Senior Manager, Group Procurement

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 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: Non- IT 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 ACCOUNTAIBILITIES

Category Management & Strategic Sourcing

• Lead end-to-end category management across:
  • Non-IT 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

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)

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

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

QUALIFICATIONS

• 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