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    Procurement Lead - Toronto, Canada - Resonaite

    Resonaite
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    Insurance
    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 start

    Location: Hybrid preferred downtown Toronto

    Responsibilities:

    • 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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