Junior Procurement Specialist at Hollard Insurance

Job Advert Summary    
An exciting new Junior Procurement Specialist opportunity has just become available in our Insure, Operations (Claims Procurement Area).

Role Objectives

To support in the Sourcing, negotiating and Implementing all Contracts & Procurement relating to Motor claims in line with the Group’s overall purpose and vision. This includes compliance, measuring and reporting on transformation targets, cost and efficiency drivers as well as managing overall customer experience for this Category. To execute the end to end procurement sourcing process for controlled commodities in line with Hollard business strategy.

Key Responsibilities

• Operational Direction: Implement the Motor procurement strategy in line with Hollard Insure’s overall Procurement strategy.
• Manage all Motor Commodities: Car Hire, Glass, Mechanical, Motor Body Repairers, Assessing, Investigators, Salvage, Towing, etc.
• Supplier Selection and Analysis:
• Analyse trends by reviewing management information.
• Assisting stakeholders with budget forecasting by providing commodity information.
• Identifying new opportunities and develop sourcing strategies that will result in cost saving. Conduct benchmarking and negotiating exercises with internal and external stakeholders.
• Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice.
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
• Identify and recommend opportunities to enhance processes; systems and policies as well as support the implementation of new processes; policies and systems.
• Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes
• Mitigating risks by ensuring that policies, regulatory and industry governance requirements are adhered to.
• Selection of preferred suppliers by conducting a tender or quotation process.
• Drafting and signing of contracts in consultation with Group Legal and stakeholders.
• Ensuring SLA's are met by conducting end to end management of the contract (includes supplier relationship and performance management).
• Measure local procurement and environmental objectives against Hollards transformational objectives by conducting surveys and reviewing management information.
• Identifying business requirements by engaging with internal stakeholders and understanding the business needs.
• Collaboration with stakeholders to implement the sourcing strategy by co-ordinating workshops; presentations and meetings.
• Exchange of information between stakeholders to achieve the procurement objective by sharing management information.
• Manage and maintain internal and external stakeholder relationships by conducting regular engagements.
• Keep abreast of legislation and other industry changes that impacts the role, regularly read relevant newsletters; visit websites and attend workshops or information sessions.
• Understand and embrace the Hollard vision and demonstrate the values through interaction with team and stakeholders.
• Improve personal capability and stay abreast of developments in this field of expertise, by identifying training courses and career progression for one’s self as well as input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing with the team.
• Reporting: Periodic reporting to relevant stakeholders in line with KPIs/Dash board. Responsible for the submission of the monthly, quarterly dash board. Analyse, identify and investigate unusual items and report accordingly.
• Employee growth: Take responsibility for own career growth and have regular discussions with the relevant role players.
• Decision Making: Make recommendations and take decisions on Procurement functions within mandates while ensuring full compliance to all processes, policies and procedures and identify areas for improvement.
• Customer Service: Ensure customers are treated fairly and that TCF management is done in conjunction with the Academy. Maintain a high level of service to customers (internal and external) according to the service standards as set by the company.

Required Knowledge and Experience    

• 3 - 5 years Procurement or relevant experience
• Financial Services or Insurance Industry Experience is highly advantages

Educational Requirements    

• Matric
• Degree or Diploma in Supply Chain or relevant equivalent qualification
• Registered with a relevant accredited professional body
• CIPS, MCIPS

Closing Date: 16th, March 2022