Head: Procurement at Momentum Metropolitan Holdings Limited

Role Purpose    

• Lead and optimize the procurement function within the short-term insurance environment by overseeing all claims related procurement processes, systems, and personnel. Ensure effective contract and tender management, vendor engagement, and compliance with industry regulations to drive value, efficiency, and strategic alignment.

Requirements    

• Bachelor’s degree in Business studied, Procurement, Supply Chain, Finance, or related field
• 12 years in procurement, with at least 6 years in a senior leadership role within short-term insurance or regulated financial services
• Proven experience in contract negotiation, supplier management, and cost-saving initiatives.
• Deep understanding of procurement legislation, governance frameworks, and insurance sector compliance.
• Strong strategic thinking, leadership, and stakeholder engagement capabilities.

Duties & Responsibilities    

• Lead, mentor, and develop procurement staff to achieve high performance and productivity.
• Collaborate with Actuarial and Claims Operations to align staffing and performance targets.
• Design role-specific KPIs and ensure adequate resource planning.
• Foster a culture of innovation, professionalism, and continuous improvement.
• Promote staff morale through recognition, incentives, and values-driven leadership.
• Develop and implement procurement strategies aligned to business objectives.
• Oversee day-to-day procurement operations, including vendor management and stock purchasing.
• Review contracts and supplier portfolios to identify cost-saving opportunities and improve value.
• Ensure procurement activities are fair, transparent, and compliant with BBBEE and governance standards.
• Engage with consortiums to leverage economies of scale and enhance service delivery.
• Maintain robust procurement controls, policies, and procedures.
• Monitor supplier performance and enforce service level agreements.
• Address procurement-related risks proactively and ensure regulatory compliance.
• Analyze complaints and feedback to identify trends and implement corrective actions.
• Set and monitor annual savings targets in collaboration with Claims Operations.
• Manage procurement budgets and control expenses effectively.
• Track performance metrics and ensure delivery against strategic goals.
• Conduct MIS analysis and evaluate supplier proposals for risks, trends, and opportunities.

Competencies    

• Planning and organizing
• Team Development
• Resilience
• Analytical
• Communication – verbal and written
• Persuasiveness
• Data interpretation
• Problem solving
• Financial Acumen

Deadline:22nd November,2025