Discover your dream Career
For Recruiters
Michael Page Hong Kong

IT Procurement Manager - Insurance, Regional

Michael Page Hong Kong
Posted 15 hours ago Permanent Competitive

IT Procurement Manager - Insurance, Regional

Michael Page Hong Kong
  • experience in FSI will be a plus
  • candidate from all category is welcomed!
About Our Client

Our client is a well-established international insurance company with a strong presence across Asia. As part of their continued investment in digital transformation and technology modernization, they are seeking an experienced IT Procurement Manager to drive strategic sourcing initiatives, manage key vendor relationships, and support complex technology procurement projects across the business.

Job Description
  • Lead strategic sourcing projects covering software, hardware, cloud services, cybersecurity, telecommunications, and professional services.
  • Develop and execute category strategies to optimize cost, quality, risk, and supplier performance.
  • Manage the full procurement lifecycle, including RFx processes, supplier evaluation, contract negotiation, and onboarding.
  • Collaborate with internal stakeholders to understand technology requirements and ensure procurement solutions align with business objectives.
  • Negotiate commercial terms, service level agreements (SLAs), pricing models, and contractual provisions.
  • Drive supplier relationship management activities and conduct regular vendor performance reviews.
  • Ensure procurement activities comply with company policies, regulatory requirements, and governance standards.
  • Identify opportunities for cost savings, value creation, process improvement, and risk mitigation.
  • Support technology transformation projects and major sourcing initiatives across the organization.
  • Monitor market trends, emerging technologies, and supplier developments within the insurance and financial services sectors.
The Successful Applicant
  • Bachelor's degree in Business, Supply Chain, Procurement, Information Technology, or a related discipline.
  • Minimum 7-10 years of procurement experience, with a strong focus on IT sourcing and vendor management.
  • Experience within insurance, banking, financial services, or other highly regulated industries is preferred.
  • Strong knowledge of software licensing, cloud contracts, SaaS agreements, cybersecurity procurement, and technology services sourcing.
  • Proven track record of managing complex contract negotiations and delivering measurable commercial outcomes.
  • Excellent stakeholder management and influencing skills with the ability to engage senior business leaders.
  • Strong analytical, commercial, and problem-solving capabilities.
  • Familiarity with procurement governance, third-party risk management, and regulatory requirements.
  • Professional certifications such as CIPS, CPSM, or equivalent will be advantageous.
  • Fluent English communication skills; Cantonese and/or Mandarin would be beneficial.
What's on Offer
  • Competitive salary and performance bonus.
  • Opportunity to join a leading insurance organization undergoing significant digital transformation.
  • Regional and strategic procurement exposure.
  • Strong career progression opportunities within a growing procurement function.
  • Comprehensive employee benefits package.
  • Collaborative and dynamic working environment.
Job ID  JN-082026-7081820
ABOUT COMPANY
Hong Kong
HR & Recruitment
We help organisations find and develop the talent that matters most. From experienced professionals and executive search to scaled recruitment and out...
More Jobs From Michael Page
Michael Page
IT Quality Assurance Manager (Insurance,QA Governance)
Michael Page
Hong Kong
12 days ago Full time Competitive
Michael Page
Senior Procurement Associate
Michael Page
New Kowloon, Hong Kong
2 days ago Full time Competitive
Michael Page
IT Support, Assistant Manager (Asset Management, 40k)
Michael Page
Hong Kong
10 days ago Full time Competitive
Michael Page
Assistant Finance Manager, Fintech, 38k
Michael Page
Hong Kong
10 days ago Full time Competitive
Michael Page
IT Production Control Manager (BatchRun)- Bank 40-50k
Michael Page
Hong Kong
12 days ago Full time Competitive
Michael Page
Product Manager | AI & FinTech
Michael Page
Hong Kong
12 days ago Full time Competitive
Michael Page
Procurement Manager - Property & Construction
Michael Page
Hong Kong
3 days ago Full time Competitive
Michael Page
Regional Head of IT (Financial Markets)
Michael Page
Singapore
24 days ago Full time Competitive
Michael Page
Assistant Manager - IT Applications : UAE National
Michael Page
Dubai, United Arab Emirates
6 days ago Full time Competitive
Michael Page
Automated QA IT Officer (1-yr contract, renewable)
Michael Page
Hong Kong
2 days ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This
Bank Of China (Hong Kong) Limited
(Assistant) IT Procurement Manager
Bank Of China (Hong Kong) Limited
Hong Kong
Gravitas Recruitment Group
Senior IT Sourcing Manager
Gravitas Recruitment Group
Hong Kong