Procurement Specialist, Insurance Category (Mandarin Speaker)

Team Overview:

Our team is responsible for the procurement and management of employee insurance (group life, medical, accident, etc.) and property/liability insurance globally. Through professional insurance knowledge and procurement capabilities, we secure optimal coverage solutions for the company, effectively controlling risks and costs.



Responsibilities:

1. Insurance Procurement Management

- Manage the end-to-end procurement process for employee insurance (group life, medical, accident, long-term/short-term disability, etc.) and corporate property/liability insurance across all global regions.

- Assist in developing annual insurance procurement plans and strategies, ensuring procurement solutions meet regional compliance requirements and business needs.

2. Supplier Management

- Establish and maintain a global insurance broker and insurance company supplier database, conduct regular supplier evaluations and performance assessments, promote service improvement and optimize supplier selection.

- Lead insurance broker and insurer bidding, price comparison, negotiations, and contract execution, drive competitive pricing to secure optimal terms and rates.

3. Cross-functional Collaboration

- Collaborate closely with HR, Legal, Finance, Tax, Risk Control and other departments to ensure compliant implementation of insurance solutions.

- Support regional localization needs while leveraging global insurance procurement experience to enhance regional insurance renewal outcomes and supplier management effectiveness.

4. Contract and Risk Management

- Manage insurance contract signing, renewal, and amendments, monitor contract execution, ensure timely renewals and optimal terms.

- Design compliant and reasonable renewal timelines based on regional conditions, identify and address risks in the insurance renewal management process, proactively and effectively coordinate internal and external resources, and properly handle emergency cases.