Procurement Specialist
Magma General Insurance Limited · Mumbai · onsite · Posted 50d ago
₹80.0K - ₹3.0L PA2–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
1. Strategic Sourcing & Category Management
- Lead sourcing across indirect spend categories: Marketing, Admin, Facilities, Events/MICE and IT.
- IT Procurement: hardware (laptops, desktops, servers, network equipment), software licenses & renewals, subscriptions, AMC/ATS, IT services, cloud, security.
- Run RFQ/RFP processes, evaluate proposals, negotiate commercials, and ensure best value.
- Ensure cost optimization while maintaining quality, timelines, and compliance.
2. Supplier/Vendor Management
- Identify, onboard, evaluate, and manage suppliers across indirect and IT categories.
- Perform annual performance reviews and ensure SLA adherence.
- Manage renewals, AMC/ATS discussions, pricing negotiations, and long-term partnerships.
- Resolve operational issues and drive vendor governance.
Sourced from naukri
Skills
IT procurementProcurement ManagementProcurement Planning
About Magma General Insurance Limited

Magma General Insurance Limited
Insurance
1.9k+
employees
2012
14 years old
Mumbai,Maharashtra
India
₹9L PA avg
Avg at Magma General Insurance Limited
₹80K – ₹3L PA
This role
About
A joint venture focused on providing comprehensive insurance solutions, addressing the diverse needs of the insurance industry.
Industries
InsuranceFinancial Services
Employee ratings
10 reviews
3.7/ 5
Culture
3.2
Career growth
2.9
Work-life
3.6
Employees rate it well for
Work-Life Balance37Overall Company37
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