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    Procurement Lead - Toronto, Canada - Resonaite

    Resonaite
    Resonaite Toronto, Canada

    2 weeks ago

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    Description
    Our client in the Insurance sector is looking for a Procurement Lead on a contract basis to help with management of selection of vendor for insurance products

    Duration:

    3 months to startLocation:

    Hybrid preferred downtown TorontoResponsibilities:RFP Management: Work with internal stakeholders to draft, issue, and manage Requests for Proposal for insurance rating systems.

    Ensure clarity, compliance, and alignment with business requirements.


    Vendor Selection:

    Facilitate the evaluate potential vendors based on criteria such as technical capabilities, cost, customer service, and alignment with company's goals.

    Coordinate and lead vendor meetings, demonstrations, and evaluations.


    Project Coordination:

    Work closely with the IT and Insurance departments to define system requirements and ensure the selected solution meets these needs.

    Manage timelines and coordinate efforts between vendors and internal teams.


    Contract Negotiation:
    Assist in negotiating contracts with chosen vendors, working alongside legal and finance teams to ensure favorable terms

    Stakeholder Communication:
    Regularly update stakeholders on the status of the procurement process. Address concerns and ensure alignment across departments.


    Requirements:
    5+ years of experience in procurement or project management, ideally within the insurance or technology sectors

    Knowledge of Insurance Systems:
    Understanding of the functionalities and technical requirements of modern insurance rating systems

    Strong Analytical Skills:
    Ability to analyze proposals and vendor capabilities critically and make informed recommendations

    Project Management Skills:
    Proficient in managing large-scale projects from inception to completion.
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