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.

1. 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.

1. 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.

1. 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.

Minimum Qualifications:

• Bachelor’s degree or above.
• 2+ years of experience in corporate procurement or within the insurance industry (brokerage or carrier), including hands-on experience with employee insurance operations.
• Familiarity with employee benefits and property insurance products, pricing logic, claims processes, and the market landscape.
• Full professional proficiency in both English and Mandarin, as the role will collaborate closely with cross-functional stakeholders based in China.
• Solid grounding in core procurement methodologies, including strategic sourcing, bidding management, supplier evaluation, and contract negotiation.
• Skilled in leveraging data analysis to back up procurement decisions and conduct cost-versus-solution comparisons.
• A results-oriented mindset with the cross-cultural communication skills needed to coordinate effectively with internal and external global stakeholders.

Preferred Qualifications:

• Academic background with a major in Insurance, Finance, Supply Chain Management, or a related field.
• Prior experience working within a multinational insurance brokerage firm or managing insurance procurement for a large global enterprise.
• Familiarity with the nuances of insurance regulatory requirements and compliance differences across various countries and regions.
• A highly curious, proactive learner who enjoys integrating cross-domain knowledge to adapt to diverse regional insurance ecosystems and product innovations quickly.
• A strong desire to explore complex problems, push past "good enough," and find optimal solutions that balance broad coverage quality with rigorous cost efficiency.