Commodity Specialist - Insurance

nedbank; Johannesburg; On-site; ZAR 350 000 - 500 000; Full time

Job summary

A prominent financial services provider is looking for a TA Specialist in Johannesburg. This role involves enhancing procurement processes, managing supplier relationships, and ensuring compliance with regulations. The ideal candidate will have 3–5 years of experience in procurement, strong negotiation skills, and proficiency in Microsoft Office. This position supports the organization's transformation and sustainability goals.

Qualifications

• 3–5 years’ experience in procurement within the insurance or financial services sector.

Responsibilities

• Identify and onboard suppliers aligned with short-term insurance needs.
• Maintain supplier relationships and ensure compliance with B-BBEE and regulatory requirements.
• Conduct supplier audits and manage documentation.

Skills

Strong negotiation and communication skills

Attention to detail and analytical thinking

Ability to manage multiple priorities and meet deadlines

Proficiency in Microsoft Office

Team player with a proactive mindset

Understanding of procurement governance and risk management

Education

Advanced Diplomas/National 1st Degrees

National Diploma, CIPS or Degree in Procurement, Supply Chain, or Business Administration

Job description

Job Requisition: 141833
TA Specialist: Refilwe Falatsi
Closing Date: 17 November 2025
Location: 135 Rivonia Campus, Sandton
Cluster: Personal and Private Banking | Nedbank Insurance | Operations
Please Note: Preference will be given to applicants from Underrepresented Groups

FAIS Affected

Job Purpose

As part of our Procurement team, you’ll help shape smarter ways of working with suppliers and internal teams. You’ll be involved in everything from analysing trends to improving processes and building strong relationships. Your work will directly support Nedbank’s goals for transformation, innovation, and sustainability.

Job Responsibilities

• Identify and onboard suppliers aligned with short-term insurance needs.
• Maintain supplier relationships and ensure compliance with B-BBEE and regulatory requirements.
• Conduct supplier audits and manage documentation (BEE certificates, liability insurance, etc.).

Procurement Operations

• Monitor and update supplier records and contracts.

Compliance & Governance

• Ensure procurement activities adhere to internal policies and industry regulations.
• Track and report on sourcing compliance and take corrective actions where needed.
• Propose cost‑saving initiatives.
• Benchmark pricing and negotiate favourable terms with suppliers.

Stakeholder Engagement

• Collaborate with Claims, Assessing, and Service Providers.
• Attend regular meetings with business units to align Procurement strategies.

Reporting & Documentation

• Maintain accurate records of supplier communications and procurement activities.
• Prepare reports on spend analysis, supplier performance, and compliance metrics.

People Specification

• Strong negotiation and communication skills
• Attention to detail and analytical thinking
• Ability to manage multiple priorities and meet deadlines
• Proficiency in Microsoft Office (especially Excel)
• Team player with a proactive mindset
• Understanding of procurement governance and risk management

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

National Diploma, CIPS or Degree in Procurement, Supply Chain, or Business Administration.

Minimum Experience Level

3–5 years’ experience in procurement within the insurance or financial services sector.

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Banking procedures
• Business principles
• Business terms and definitions
• Data analysis
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Governance, Risk and Controls
• Decision Making
• High-Impact Communication
• Managing Work
• Sustaining Customer Satisfaction
• Technical/Professional Knowledge and Skills

Please contact the Nedbank Recruiting Team at [phone]

Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).