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    Job · 15063598

    Magma General Insurance Limited logo

    Procurement Specialist

    Magma General Insurance Limited · Mumbai · onsite · Posted 50d ago

    ₹80.0K - ₹3.0L PA2–5 yrsfulltimeSourced fromNaukri

    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 logo

    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

    Find them on

    WebsiteLinkedInAmbitionBox reviews

    Procurement Specialist · waiting for your command