PHI - Associate- Procurement-2

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Procurement Analyst at Prudential Health India (PHI)

At Prudential Health India (PHI), we are on a mission to make Indians healthier while bridging the health protection gap. This is a Zero to One team undertaking a greenfield health insurance deployment in India, committed to building journeys that will truly empathize with the customer and offer a differentiated, bespoke experience.

Position : Procurement Analyst

Responsibilities :

• Work with Functional Users :
• Understand the capabilities / products / services required to deliver their plans.
• Identify important product or service attributes for vendor selection.
• Determine expected timelines and costs.
• Advise on the procurement approach for each sourcing activity under applicable policies and procedures.
• Guide on issuance of Purchase Orders and coordinate with approvers for PO approval.
• Coordinate and guide on due diligence processes.
• Vendor Engagement :
• Approach and engage vendors to share RFP / RFQ / RFI.
• Coordinate to answer queries and provide clarifications as needed.
• Complete vendor onboarding and due diligence processes on the P2P tool.
• Ensure Procurement Governance :
• Arrange training sessions for team members as needed.
• Ensure compliance with Group procurement policies for each vendor procurement, including process, documentation, vendor due diligence, commercial and contractual protections, and purchase order issuance with appropriate approvals and reviews.
• Work with Functional Users :
• Coordinate with global colleagues to progress on procurement.
• Resolve technical issues with the support team.
• Maintain weekly cadence with global colleagues, track progress, and inform functional users of any delays.
• Project Management and Team Oversight :
• Ensure the business’s procurement requirements are met in a timely and orderly manner.
• Publish procurement status dashboards for the wider team.

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