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Assistant Procurement Manager

Mutakamela Insurance
Riyadh Region, KSA
Full-time
Mid-Senior
Onsite
Discovered Today
Full-cycle purchasing and sourcingVendor qualification and onboardingPrice negotiationContract managementRFP/RFQ managementVendor performance management (KPIs/SLAs)

Full Job Posting

About Mutakamela

Mutakamela Insurance is a growing leader in the insurance sector in Saudi Arabia.

The company is committed to attracting and developing top talent to support continued success and expansion.

Its culture is rooted in professionalism, innovation, and collaboration.

Position Overview

Seeking an experienced Assistant Procurement Manager with a strong background in the insurance industry to join the procurement team in Riyadh.

The role takes full ownership of the end-to-end procurement lifecycle, from strategic vendor sourcing and purchasing to supplier qualification and performance management.

The role operates with high autonomy, working individually to establish vendor relationships, manage insurance-specific vendor registrations, and drive cost-effective sourcing aligned with local market dynamics and regulatory standards in Saudi Arabia.

Full-Cycle Purchasing & Sourcing

  • Execute the complete purchasing lifecycle, including requisition review, RFP/RFQ management, negotiation, purchase order issuance, and contract administration.
  • Identify, evaluate, and onboard strategic vendors and service providers tailored to insurance and corporate requirements.
  • Conduct commercial negotiations on pricing, payment terms, SLAs, and contract conditions to secure optimal value without compromising quality.

Vendor Management, Qualification & Registration

  • Direct the end-to-end vendor onboarding process, including registration, pre-qualification, financial screening, and compliance verification.
  • Establish and maintain a comprehensive database of qualified vendors, ensuring commercial registrations, certifications, and licenses remain up to date.
  • Implement vendor performance evaluation frameworks (KPIs/SLAs) and conduct periodic reviews to ensure continuous service quality and compliance.

Insurance & Saudi Compliance Alignment

  • Leverage domain knowledge of insurance operations to align procurement practices with local regulatory standards, including SAMA and Insurance Authority guidelines where applicable.
  • Assess third-party vendor risks, ensuring data privacy, information security, and financial stability standards are met.
  • Coordinate with internal risk, compliance, and legal teams to draft, review, and finalize vendor agreements.

Autonomous Operations & Stakeholder Engagement

  • Work independently to manage daily procurement operations with minimal supervision, taking initiative on complex sourcing tasks.
  • Collaborate with internal business units across the organization to understand procurement needs, define specifications, and manage expectations.
  • Track procurement metrics, maintain accurate records, and generate regular spend and sourcing analysis reports for senior management.

Key Qualifications & Requirements

  • Bachelor's degree in business administration, supply chain management, finance, insurance, or a related field.
  • 5-8 years of progressive procurement/sourcing experience, with direct experience in insurance or financial services in Saudi Arabia or the GCC strongly preferred.
  • Proven track record in full-cycle purchasing, vendor qualification, price negotiation, and contract management.
  • Familiarity with insurance-related vendor landscapes, commercial registration requirements, and local financial compliance standards in KSA.
  • Strong ability to work individually, prioritize tasks, and manage end-to-end procurement projects independently.
  • Experience with ERP/procurement software such as SAP, Oracle, or Coupa and proficiency in MS Office (Excel, Word, PowerPoint).
  • Exceptional interpersonal and negotiation skills in English; Arabic fluency is a strong advantage.

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