This job posting has expired
Expired on April 3, 2026
Sr. Insurance & Non-Trade Procurement Specialist
Job Description
We are currently looking for a dynamic, detail-oriented Sr. Insurance & Non-Trade Procurement Specialist to join our team.
The ideal candidate is someone who’s capable of performing the below responsibilities:
• Manage and administer the company’s insurance portfolio, including but not limited to health, assets, property, maritime, liability, and other operational insurance policies.
• Conduct annual insurance program renewals including negotiations with insurers and brokers.
• Assess business risks in collaboration with internal stakeholders and ensure insurance coverage is adequate, cost-effective, and aligned with operational and regulatory requirements.
• Assess and provide guidance on risk mitigation measures to reduce claims frequency and improve premiums.
• Evaluate insurer performance including premiums, claim trends and coverage and recommend alternative providers where needed.
• Serve as main point of contact for all insurance partners.
• Lead and coordinate the insurance claims process, including claim notification, documentation, follow-up, and settlement with insurers and brokers.
• Prepare and manage annual insurance budget with cost optimization.
• Manage end-to-end non-trade procurement activities, including Facilities and office services, IT hardware, software, licenses, and IT services, Professional and consulting services, Marketing, logistics support, travel, and other indirect spend categories.
• Identify, Source, evaluate, and negotiate with suppliers and service providers to ensure best value, service quality, and commercial terms.
• Support the preparation, review, administration, and renewal of contracts, service agreements, and SLAs, in coordination with Legal and relevant stakeholders.
• Support budgeting and forecasting for non-trade spend categories.
• Ensure procurement activities comply with company policies, approved budgets, ethical standards, and governance frameworks.
• Monitor supplier performance, service delivery, and contractual compliance, addressing issues and driving continuous improvement.
• Liaise with Finance, Legal, HR, IT, Operations, and external providers on insurance and non-trade procurement matters.
• Prepare and maintain reports, dashboards, and analyses related to: Insurance coverage, premiums, and claims and Non-trade procurement spend, supplier performance, and savings initiatives.
• Identify opportunities to improve processes, controls, supplier management, and cost efficiency across insurance and non-trade procurement activities.
Responsibilities
- Manage and administer the company’s insurance portfolio
- Conduct annual insurance program renewals including negotiations with insurers and brokers
- Assess business risks in collaboration with internal stakeholders
- Assess and provide guidance on risk mitigation measures to reduce claims frequency and improve premiums
- Evaluate insurer performance including premiums, claim trends and coverage
- Serve as main point of contact for all insurance partners
- Lead and coordinate the insurance claims process
- Prepare and manage annual insurance budget with cost optimization
- Manage end-to-end non-trade procurement activities
- Identify, Source, evaluate, and negotiate with suppliers and service providers
- Support the preparation, review, administration, and renewal of contracts, service agreements, and SLAs
- Support budgeting and forecasting for non-trade spend categories
- Ensure procurement activities comply with company policies, approved budgets, ethical standards, and governance frameworks
- Monitor supplier performance, service delivery, and contractual compliance
- Liaise with Finance, Legal, HR, IT, Operations, and external providers
- Prepare and maintain reports, dashboards, and analyses
- Identify opportunities to improve processes, controls, supplier management, and cost efficiency
Qualifications
- Min. 3 years of experience in Insurance Management or similar position
- Bachelor’s degree in business administration, Finance, Supply Chain, Risk Management, Insurance, or a related field
- Professional certifications in Procurement (CIPS, CPSM) or Insurance/Risk Management is a plus
- Good command of English and Arabic, French is a plus