Senior Manager, Group Procurement

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information, please visit www.fwd.com

Senior Manager, Group Procurement

(Category Lead: Non- IT Professional Services & Marketing/MICE | Governance)

PURPOSE

• You will play a key role in shaping and advancing our Group Procurement agenda, leading both strategic sourcing and governance initiatives across diverse spend categories.

KEY ACCOUNTAIBILITIES

Category Management & Strategic Sourcing

• Lead end-to-end category management across:
  • Non-IT professional services
  • Marketing, branding, customer engagement, events & conferences (MICE)
• Develop and execute short-, medium- and long-term sourcing strategies
• Conduct end-to-end sourcing (demand analysis, market analysis, bidding, negotiation, contracting)
• Identify cost optimization, efficiency, and risk mitigation opportunities
• Drive regional vendor strategies and supplier rationalization
• Deliver annual savings targets and financial benefits

Procurement Governance & Transformation

• Establish and drive procurement governance framework, policies, and processes
• Monitor policy compliance, reporting, and procurement dashboards/analytics
• Act as a governance advisor to stakeholders on best practices, controls, and risk
• Lead vendor performance reviews and re-assessment of strategic vendors
• Support procurement transformation, organization development, and process improvement (S2P, contract management)

Vendor & Risk Management

• Manage strategic vendor relationships to optimize cost, service, and quality
• Lead vendor risk management, due diligence, and lifecycle management
• Define vendor selection, negotiation strategy, and contracting structures
• Assess and mitigate commercial and contract risks
• Ensure continuity of supply and compliance with Group standards

Business Partnering

• Act as a procurement business partner to Group functions and business units
• Build strong stakeholder relationships and drive early procurement engagement
• Provide guidance on procurement processes, policies, and best practices

QUALIFICATIONS

• 12+ years of experience in procurement, with category leadership exposure
• Strong expertise in professional services and/or marketing & events procurement
• Proven track record in strategic sourcing, negotiation, contract and vendor management
• Solid understanding of procurement governance and risk management
• Strong stakeholder engagement and influencing skills
• Experience in financial services and/or a fast-paced regional environment preferred