Non-Motor Procurement Specialist: Short-Term Insurance at Absa Group Limited (Absa)

Job Summary

• To plan, manage and monitor the implementation of procurement management activities and processes in order to deliver on approved operational plans in an effective and efficient manner.

Job Description

Accountability:  Sourcing (30%)

Outputs to deliver this accountability:

• Sourcing, negotiating and implementing all contracts and procurement relating to Non-Motor claims in line with Absa Insurance Company overall purpose and vision.
• To execute the end-to-end procurement process for controlled commodities in line with Absa Group Procurement Policy and applicable Standards.
• Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Chanter and Absa Group Procurement Policy.

Accountability:  Commodity/Category Management (10%)

Outputs to deliver this accountability:

• Manage all Non-Motor Commodities/Categories: Plumbing, Building, Assessing, Glass, Flooring, Salvage, Electrical, Incident Managers, Specialist Services, Material Distributors, etc.
• Analyse market, consumption and projected trends by reviewing data and management information
• Review Commodity/Category strategies to align with business requirements
• Provide internal stakeholders with annual budget forecasts, by providing Procurement Commodity/Category information

Accountability:  Relationship Management (15%)

Outputs to deliver this accountability:

• Ensuring that supplier Service Level Aagreements (SLA)/Contract Obligations are met by conducting end-to-end management of the contracts, which includes supplier relationship and performance management (Turn-AroundTime, complaints performance thresholds, Reporting accuracy & completeness and adherence to agreed pricing Rates)
• Ensure all mandatory requirements are fulfilled, in accordance with the Group Procurement Policy, applicable Standards and information management systems.
• Ensure all Supplier Risk management reporting and requirements are filfilled
• Establish and build strong business relationships with service providers to achieve goals and objectives of AIC.
• Identify business requirements through engaging with internal stakeholders to understand business needs
• Manage internal and external stakeholder relationships by conducting regular engagements in-person and or virtually

Accountability: Relationship Results / Service Excellence /Complains Management (10%)

Outputs to deliver this accountability:

• Effectively build, maintain and manage sustainable usiness relationships with Suppliers, Advisors, Colleagues and Customers/Clients, through regular interaction on service issues, in line with contract obligations and or SLA.
• Ensure that Customers/Clients are treated fairly in line with TCF principles.
• Maintain high level of service standards to Customers/Cients which includes both internal and external stakeholders.

Accountability: Business Results - Cost Savings (30%)

Outputs to deliver this accountability:

• Identify new Cost Saving opportunities and develop sourcing strategies that will results in Cost Saving benefits
• Conduct benchmarking and negotiation exercises that will lead to Cost Saving by negotiating and or renegotiating contracts with Suppliers to realise improved savings and further value for AIC spend
• Review and update existing procurement processes and or implement new procurement processes that ensure improved levels of efficiencies, effectiveness, Cost Saving and industry best practices

Accountability: Reporting (5%)

Outputs to deliver this accountability: 

• Provide periodic reporting to relevant stakeholders aligned with KPI’s/ Dashboard.
• Responsible for the submission of weekly, monthly and quarterly dashboards.
• Analyse, identify and investigate unusual items and report accordingly

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)