Procurement Specialist

Allianz PNB Life Insurance, Inc. (formerly PNB Life Insurance Inc.); Makati; On-site; PHP 600,000 - 900,000; Full time

Job summary

Allianz Philippines is seeking a Procurement Specialist to execute end-to-end Source to Pay processes, support strategic sourcing, and drive cost optimization in a financial services context.

You will manage RFI/RFP/RFQ via SAP Ariba S2C, draft contracts, and partner with Legal, InfoSec, and Risk while delivering monthly dashboards and procurement reports. The role requires strong analytics, stakeholder engagement, and proficiency in MS Office and ERP platforms.

Qualifications

• Bachelor’s degree in Business, Supply Chain, Engineering, or related fields.
• 3–4 years’ experience in Procurement or Strategic Sourcing.
• Strong negotiation and communication skills.
• Analytical and data-driven decision-making.
• Stakeholder engagement and vendor relationship management.
• Process orientation and attention to detail.
• Ability to manage multiple sourcing events concurrently.
• Experience in financial services or insurance industry.
• Certification: CIPS, CPSM, or relevant training.
• Proficient in MS-Office, familiar with SAP Ariba S2C (events, sourcing, contracts) and ERP platforms.
• Knowledge in contract law, vendor risk management, or category strategy.
• Intermediate to Advanced Excel skills.

Responsibilities

• Strategic Sourcing & Category Support: Develop strategies for indirect spend categories.
• Conduct spend analysis, market research, and supplier benchmarking.
• Manage RFI/RFP/RFQ processes via SAP Ariba S2C.
• Evaluate supplier proposals using structured frameworks.
• Draft and review supplier contracts (MSA, SOW, PO terms).
• Coordinate with Legal, InfoSec, and Risk for contract reviews.
• Support performance evaluations, scorecards, and vendor risk assessments.
• Create and manage purchase requisitions and purchase orders in SDP.
• Maintain procurement records and reports.
• Prepare monthly procurement dashboards and data analyses.

Skills

Negotiation

Communication

Analytical skills

Stakeholder management

Vendor management

Process orientation

Attention to detail

Multi-sourcing events

Financial services experience

Certification (CIPS/CPSM)

MS Office proficiency

ERP platforms

Contract law knowledge

Excel advanced

Education

Bachelor's degree in Business, Supply Chain, Engineering, or related fields

Tools

SAP Ariba S2C

MS Office

Excel (Power Query, formulas)

ERP systems

Job description

Procurement Specialist

Finance

Purpose of the Role

As a Procurement Specialist you will be responsible for executing the end to end Source to Pay (S2P) process, supporting strategic, and operational sourcing activities. You will ensure compliance with internal policies, and driving value through cost optimization, supplier performance management, and process efficiency. Your role requires strong analytical capability, stakeholder management, and excellent command of procurement systems particularly SAP Ariba S2C.

Responsibilities of the Role

• Strategic Sourcing & Category Support

• Support category managers in developing sourcing strategies for indirect spend categories (e.g., Marketing, IT, Professional Services, Facilities).
• Conduct spend analysis, market research, and supplier benchmarking.
• Manage RFI/RFP/RFQ processes via SAP Ariba S2C.
• Evaluate supplier proposals using structured frameworks.

• Contracting & Compliance

• Draft and review supplier contracts (MSA, SOW, PO terms).
• Coordinate with Legal, InfoSec, and Risk for contract reviews.
• Ensure documentation complies with Procurement and regulatory requirements (IC, AMLA, Data Privacy, internal controls).

• Supplier Management

• Support performance evaluations, scorecards, and vendor risk assessments.
• Resolve operational issues between internal stakeholders and suppliers.

• Procurement Operations

• Create and manage purchase requisitions and purchase orders in SDP (local procurement tool).
• Maintain accurate procurement records and reports.
• Drive continuous improvement initiatives.

• Data Analytics & Reporting

• Prepare monthly procurement dashboards (savings, cycle time, compliance).
• Conduct advanced data analysis using Excel (pivot tables, Power Query, formulas, modeling).

Requirements for the Role

• Bachelor’s degree in Business, Supply Chain, Engineering, or related fields
• 3–4 years’ experience in Procurement or Strategic Sourcing
• Strong negotiation and communication skills
• Analytical and data-driven decision-making
• Stakeholder engagement and vendor relationship management
• Process orientation and attention to detail
• Ability to manage multiple sourcing events concurrently
• Experience in financial services or insurance industry
• Certification: CIPS, CPSM, or relevant training
• Proficient in MS-Office, familiar with procurement systems SAP Ariba S2C (events, sourcing, contracts) and ERP platforms
• Knowledge in contract law, vendor risk management, or category strategy.
• Intermediate to Advanced Excel skills (complex formulas, pivot analysis, Power Query)
• Experience with AI-driven adaptive learning technologies and data analysis for personalized training.
• Proficiency in using AI tools for content recommendation, automated assessment, and feedback.

103588 | Procurement | Professional | Allianz Philippines | Full-Time | Permanent

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.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and to shape a better future – for our customers and for 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

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 regulations.

Join us. Let's care for tomorrow.