Head Of Procurement Intelligence

Discovery; Gauteng; On-site; ZAR 1 000 000 - 1 400 000; Full time

Job summary

A leading insurance company based in South Africa is looking for a Head of Procurement Intelligence. The ideal candidate will develop unique, data-driven solutions to optimize operational processes within the procurement domain. This role offers the chance to apply advanced machine learning techniques and requires a strong educational background in Actuarial Science or related fields, with at least 6 years in strategic data science roles. The position promises an exciting environment focused on enhancing overall operational efficiency using innovative methodologies.

Qualifications

• 6+ years in management and strategic data science/actuarial roles.
• 3+ years short term insurance experience.
• FASSA or AMASSA qualification advantageous.

Responsibilities

• Develop data-driven solutions for operational efficiencies.
• Optimize claims and servicing processes using advanced techniques.
• Implement and drive strategic procurement initiatives.

Skills

Statistical and analytical skills

Problem-solving skills

Strategic thinking

Management skills

Education

Honours degree in Actuarial Science or Mathematical Statistics or Computer Science

Matric

Tools

SQL

Python

Microsoft Office (Excel, Power Point, Word)

Job description

Discovery – Insure Head of Procurement Intelligence About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives.

We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery.

Our fast-paced and dynamic environment enables smart, self-driven people to be their best.

As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Insure

Discovery Insure is committed to creating a nation of great drivers through our innovative Shared-value Insurance model.

Discovery Insure is South Africa's fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home insurance sectors.

Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well.

The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East.

Key Purpose

To develop unique, data-driven solutions to problems faced within the operational processes for Insure.

This includes optimizing and generating efficiencies in claims, sales and servicing processes using statistical, actuarial and data science techniques.

This role offers the opportunity to apply machine learning and generative AI to solve a large variety of business problems practically.

This role specifically focuses on optimizing processes that involve external suppliers (procurement) but is not limited to this.

A core focus would be to develop, implement and drive strategic procurement initiatives.

Develop incentive models and strategies for suppliers

Optimize and automate supplier appointments and allocation for all claim types as services.

Using generative AI to optimize business and procurement processes.

Advanced Procurement (supplier) analytics

Develop procurement fraud and audit models Knowledge and Skills Statistical and analytical skills (Advanced)

Programming Skills :

SQL, Python, Radar (Intermediate)

Microsoft Office (Excel, Power Point and Word) (Advanced)

Strategic thinking

Problem-solving skills

Management skills

Experience using generative AI (beginner)

Modelling skills (Advanced)

Education and Experience

Education : Matric (Essential)

Honours degree in Actuarial Science and / or Mathematical Statistics / Computer Science or Strong mathematical / economics candidate (Essential)

Qualified actuary - if from an actuarial background

Fellow of the Actuarial Society of South Africa (FASSA) or Associate Member of the Actuarial Society of South Africa (AMASSA) – (Advantageous)

Minimum Experience :

6+ years of experience in management and strategic data science / actuarial roles · At least 3 years specific short term insurance experience

Employment Equity

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process.

As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.