IT Procurement Manager - Insurance, Regional

Michael Page; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Performance bonus

Career progression

Benefits package

Digital transformation exposure

Collaborative environment

Job summary

Michael Page is partnering with a leading financial services-based insurer in Hong Kong to hire an IT Procurement Manager. You will drive strategic sourcing across software, cloud, cybersecurity, and services, negotiation of contracts and SLAs, and oversight of vendor performance.

Strong stakeholder management and 7–10 years in IT procurement are essential. Fluent English is required; Cantonese/Mandarin is a plus.

Qualifications

• Bachelor’s degree in a related discipline.
• 7–10 years of procurement experience focused on IT sourcing and vendor management.
• Experience in insurance, banking, or regulated industries is preferred.
• Knowledge of software licensing, cloud contracts, SaaS agreements, cybersecurity procurement, and technology services sourcing.
• Strong stakeholder management and senior leadership influence.
• Fluent English; Cantonese/Mandarin beneficial.

Responsibilities

• Lead strategic sourcing projects across software, hardware, cloud services, cybersecurity, telecommunications, and professional services.
• Develop and execute category strategies to optimize cost, quality, risk, and supplier performance.
• Manage full procurement lifecycle: RFx, supplier evaluation, contract negotiation, onboarding.
• Collaborate with stakeholders to align procurement with business objectives.
• Negotiate terms, SLAs, pricing, and contracting provisions; drive vendor performance reviews.
• Ensure compliance with policies, governance, and regulatory requirements.
• Identify cost savings, value creation, and process improvements.
• Support technology transformation initiatives and major sourcing programs.

Skills

Stakeholder management

Negotiation

Analytical thinking

English fluency

Vendor management

Communication

Problem solving

Education

Bachelor’s degree

Job description

• candidate from all category is welcomed!
  

• candidate from all category is welcomed!
  

• experience in FSI will be a plus
• candidate from all category is welcomed!
  

About Our Client

Our client is a well-established international insurance company with a strong presence across Asia. As part of their continued investment in digital transformation and technology modernization, they are seeking an experienced IT Procurement Manager to drive strategic sourcing initiatives, manage key vendor relationships, and support complex technology procurement projects across the business.

Job Description

• Lead strategic sourcing projects covering software, hardware, cloud services, cybersecurity, telecommunications, and professional services.
• Develop and execute category strategies to optimize cost, quality, risk, and supplier performance.
• Manage the full procurement lifecycle, including RFx processes, supplier evaluation, contract negotiation, and onboarding.
• Collaborate with internal stakeholders to understand technology requirements and ensure procurement solutions align with business objectives.
• Negotiate commercial terms, service level agreements (SLAs), pricing models, and contractual provisions.
• Drive supplier relationship management activities and conduct regular vendor performance reviews.
• Ensure procurement activities comply with company policies, regulatory requirements, and governance standards.
• Identify opportunities for cost savings, value creation, process improvement, and risk mitigation.
• Support technology transformation projects and major sourcing initiatives across the organization.
• Monitor market trends, emerging technologies, and supplier developments within the insurance and financial services sectors.

The Successful Applicant

• Bachelor's degree in Business, Supply Chain, Procurement, Information Technology, or a related discipline.
• Minimum 7-10 years of procurement experience, with a strong focus on IT sourcing and vendor management.
• Experience within insurance, banking, financial services, or other highly regulated industries is preferred.
• Strong knowledge of software licensing, cloud contracts, SaaS agreements, cybersecurity procurement, and technology services sourcing.
• Proven track record of managing complex contract negotiations and delivering measurable commercial outcomes.
• Excellent stakeholder management and influencing skills with the ability to engage senior business leaders.
• Strong analytical, commercial, and problem-solving capabilities.
• Familiarity with procurement governance, third-party risk management, and regulatory requirements.
• Professional certifications such as CIPS, CPSM, or equivalent will be advantageous.
• Fluent English communication skills; Cantonese and/or Mandarin would be beneficial.

What's On Offer

• Competitive salary and performance bonus.
• Opportunity to join a leading insurance organization undergoing significant digital transformation.
• Regional and strategic procurement exposure.
• Strong career progression opportunities within a growing procurement function.
• Comprehensive employee benefits package.
• Collaborative and dynamic working environment.

Contact: Stephanie Kwan

Quote job ref: JN-082026-7081820