Specialist-Procurement 3087

Allianz Insurance; India; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Hybrid work model

Up to 25 days abroad per year

Job summary

Allianz Insurance in India seeks a Procurement Associate (m/f/d) to develop IT procurement strategies, manage suppliers, and negotiate contracts to secure high-quality services at competitive prices.

You will lead cost-saving initiatives, collaborate with internal teams, ensure compliance, and mentor junior staff while leveraging SAP MM, Ariba, and MS Office to drive procurement excellence.

Qualifications

• Bachelor's degree in IT, Business Administration, Supply Chain Management or related field; Master’s degree is a plus.
• 6-8 years of procurement experience, preferably IT procurement.
• Strong negotiation, contract management, and analytical skills.

Responsibilities

• Conduct market analysis to identify suppliers, assess market trends and ensure strategic alignment in IT procurement.
• Lead contract negotiations with Allianz centers, manage documentation and ensure regulatory compliance.
• Identify and drive cost-saving initiatives, track procurement performance and optimize processes.
• Collaborate with internal teams, provide guidance and training to staff, and manage supplier relationships.

Skills

Negotiation skills

Contract management

Analytical thinking

Stakeholder management

Generative AI experience

English proficiency

Education

Bachelor's degree in IT/Business Administration/SCM

Master's degree an advantage

Tools

SAP MM

Ariba

Microsoft Office Suite

Job description

Procurement Associate (m/f/d)

About the Job

The Procurement expert will be responsible for developing and implementing IT procurement strategies. This role will involve managing supplier relationships, negotiating contracts, and ensuring that the company obtains high-quality services at competitive prices.

The ideal candidate will have extensive experience in procurement, particularly within the IT Procurement domain , and will be adept at driving cost‑saving initiatives while maintaining service excellence.

What you do

Conduct market analysis to identify potential suppliers, assess market trends, and ensure strategic alignment in the IT Procurement area. Evaluate, select, and manage suppliers based on service quality, cost, and reliability, while maintaining strong relationships and conducting regular performance reviews to ensure service continuity and mitigate supplier risks. Lead contract negotiations together with Allianz competence centers (Legal, TPRM, DPO, etc.), securing favorable terms and conditions in alignment with company goals, managing contract documentation, and ensuring compliance with legal and regulatory requirements. Identify and drive cost‑saving initiatives, tracking procurement performance and implementing best practices to enhance efficiency and cost‑effectiveness while maintaining service quality. Collaborate with various departments to understand IT needs, communicate procurement strategies, provide support, and offer guidance and training to junior procurement staff and internal stakeholders. Assess and mitigate procurement risks related to consulting services, develop contingency plans to address supply chain disruptions, and ensure compliance with internal policies and external regulations. Ensure compliance with Allianz Standard for Procurement, all connected policies/regulations and lead/transition internal customers and related functions with the correct application of procurement process. Actively participate in the Procurement digital transformation initiatives.

What you bring

Solid negotiation skills with a solid background in contract management, ensuring favorable terms and conditions with suppliers. Strong analytical and problem‑solving abilities, proficient in analyzing spend data, market trends and resolving procurement challenges effectively. Able to capture main data and use it in a pragmatic way during negotiations and discussion with internal customers. Exceptional communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders and convey complex information clearly and concisely. Proficiency in procurement software (SAP MM, Ariba, etc) and Microsoft Office Suite, utilizing these tools to enhance procurement processes and reporting. Key competencies include analytical skills, communication and problem‑solving, ensuring informed procurement decisions and effective supplier management. Bachelor’s degree in IT, Business Administration, Supply Chain Management, or related field (Master's degree is an advantage), with 6-8 years of experience in procurement. Experience in working and interacting with Generative AI. Fluency in English written and spoken. Focus on continuous learning, with particular focus on IT area. Hands‑on experience with Procurement digital transformation initiatives is considered a plus.

What we offer

We offer a hybrid work model which recognizes the value of striking a balance between in‑person collaboration and remote working incl. up to 25 days per year working from abroad. From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and .