The opportunity

This Procurement Sr. Specialist is responsible in procurement of goods and services including providing support to the business in maximize the value of the investment in a third party product or service and sustain such value with minimum risk to the organization as a whole.

Responsibilities:

Intake Review and Contract Creation

Intake review and ensuring conformance to established policiesSourcing, evaluating bids/quotations and vendor selection ensuring conformance to established policiesNegotiate pricing, terms and conditions of sale, warranties of goods and products with key suppliers and vendorsPurchase Order / Contract processing/administration, including acquiring resources within budgetRelated follow-up / administration, ensuring timely deliveries

Strategic Project Management

Perform data gathering, perform spend/business analysis and recommendationCollaborate with stakeholders/BU’s for the sourcing requirements and specification  including seeking support from subject matter experts, i.e., VGM, VISM, Risk, L&C, etcGo to supply market and source for qualified vendorsPerform RFx (Request for Information, Request for Proposal or Request for Quotation)     Prepare and present result of RFP evaluation and supplier selection.Negotiate contracts with vendorAward contract to vendor. Coordinate with the contract owners the updating of the contracts.

Cost Savings / Process Improvement

Identification and implementation of cost-saving initiatives & process improvementsMonitoring of progress and results of procurement initiatives/projectsDevelop project pipelines and work with BU to anticipate/forecast requirements of the company

Vendor Management

Interview, identify and accredit potential new vendors to secure more cost effective sources of products and servicesMaintaining / updating vendor informationCompletion of Accreditation Requirements of suppliersUpdate Preferred Vendor Master ListPayment terms improvement and establishing credit linesContinuously measure and manage supplier performanceValidate vendor related incidents and collaborate the resolution with BU, vendor management supervisor and vendor.

Training and Communications

Provide communications for all purchasing related policies and processesProvide update on daily work performance progressAssist in the roll out of procurement tools & best practicesAssist in ensuring compliance with the Procurement Policy and other global / local proceduresProvide support & manage requests regarding business issues or inquiriesParticipation in other purchasing initiatives/tasks that may be assigned 

How will you create impact?

The role will report to the Director, Procurement Lead Philippines & EM Category SME.

What motivates you?

You obsess about customers, listen, engage and act for their benefit.

You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.

You thrive in teams and enjoy getting things done together.

You take ownership and build solutions, focusing on what matters.

You do what is right, work with integrity and speak up.

You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for

Min. 5 years of experience in Procurement (preferably in insurance, banking or similar industry)

Graduate of a 4-year Business Course or relevant course

Good working knowledge on products, principles of supply management and related Technology

Skills and competencies: analytical Ability, negotiation, interpersonal, customer focus, strong communication skills and ability to deal with and manage change

What can we offer you?

A competitive salary and benefits packages.

A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.

A focus on growing your career path with us.

Flexible work policies and strong work-life balance.

Professional development and leadership opportunities.

Our commitment to you

Values-first culture
We lead with our Values every day and bring them to life together.

Boundless opportunity
We create opportunities to learn and grow at every stage of your career.

Continuous innovation
We invite you to help redefine the future of financial services.

Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives.

Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Working Arrangement

Hybrid