Website Santam Insurance
Santam is the largest general (short-term) insurer in South Africa, providing a wide range of personal, commercial, and corporate insurance solutions. Established in 1918, it is a subsidiary of the financial services group Sanlam.
Santam is the largest general (short-term) insurer in South Africa, providing a wide range of personal, commercial, and corporate insurance solutions. Established in 1918, it is a subsidiary of the financial services group Sanlam. Comprehensive and third-party car insurance, home and contents insurance, travel insurance, and all-risk cover for portable items like cellphones, laptops, and cycling gear. Santam operates through various business units and subsidiaries, including MiWay (a direct insurer) and Centriq, catering to diverse markets and risk profiles.
What will you do?
- This career opportunity is available at Santam for the Group Procurement department that provides procurement support to the Sanlam Group. The role is based in Tygervalley, Cape Town.
- This role will primarily manage and co-ordinate IT and IT related services across the Santam Group. This role will be responsible for executing strategic category management that will drive cost efficiencies, compliance, drive procurement value and enhance stakeholder experience.
- The successful candidate will engage with multiple senior business partners to ensure a common understanding and consistent application of our procurement policy and processes. The procurement manager will ensure all procurement deliverables and milestones are met within the required timelines, budget, scope and quality.
What will make you successful in this role?
- Classification of spend and detailed analysis of spend for Santam Technology Services (Information Technology).
- Development of procurement business cases for related Santam Technology Services categories
- Initiate procurement initiatives and development of approved category plans.
- Sourcing and contracting management of commodities within the category procurement portfolio.
- Cost management & savings against agreed budgets.
- Drive strategic sourcing initiatives and show acumen towards driving new initiatives.
- Manage supplier relationships; manage contracted database and new contracts. Ensure necessary compliance processes are adhered to.
- Manage and maintain various reporting platforms and validate system integrity and data quality.
- Internal stakeholder management between procurement, operations/business and clients.
- Attend and provide support in required Cross Functional Sourcing Team meetings.
Support and deliver on strategic business initiatives that result in the following outcomes:
- Cost savings
- Providing Client Delight in terms of optimal supply of service;
- Providing “Best Practice” procurement processes to increase efficiency; and
- Supporting and upholding a team culture of engagement.
- Achieve transformation goals and objectives.
Qualification and Experience
- BComm (preferable) or equivalent with any other relevant post graduate qualifications
- Admitted Attorney with LLB or any recognised legal degree is advantageous
- Significant experience in negotiating and drafting various IT contracts i.e. SaaS, SLA’s, MSA’s etc.
- Member of Charted Institute of Purchasing and Supply (MCIPS) and/or Project Management Institute (PMI)
- Minimum of 10 years practical experience in procurement and/or supply chain environment in financial services industry
- Experience with Information Technology and InsureTech Procurement
- Experience in sourcing, contracting and supplier management across multiple spend categories.
- Experience in the development and implementation of procurement policies, processes and benchmarking
- International experience on Procurement projects will be advantageous.
Knowledge and Skills
- Excellent ability to interact and work cross functionally within organization
- Strong planning and organizing skills
- Problem solving skills
- Project and Change management skills
- Ability to perform under pressure and deadlines
- Presentation skills and excellent communication skills
- Strong negotiating skills & ability to drive & achieve results
- Team leadership skills
- Commercial and business acumen
- Vendor management