Procurement Lead - Hybrid, New York City, NY
3 days ago
New York
Job Summary: The Procurement Lead will lead the design and execution of an enterprise-wide procurement strategy across our diverse and decentralized global operations. Operating in a federated group model, the HOP should be an experience leader, skilled change agent, and consensus builder—driving synergies, governance, and long-term value while respecting the autonomy of regional and subsidiary business units. The role will be responsible for global sourcing, third-party risk management, procurement digitization, cost optimization, and ESG-aligned sourcing initiatives across corporate spend categories (e.g., IT, consulting, real estate, BPO, marketing, and financial services). Essential Job Functions: Strategic Procurement Leadership • Develop and execute a group-wide procurement strategy aligned to the company’s risk appetite, growth agenda, regulatory commitments, and digital transformation priorities, • Establish a new procurement operating model that enables center-led governance and global coordination while respecting the autonomy subsidiary entities – clarifying global, regional and local roles and responsibilities, • Leading a global, client-focused procurement organization that fully leverages and assertively sources our third-party spending, • Anticipating future procurement needs and having strategies in place to meet the needs of Tokio Marine’s business, • Serve as a trusted advisor to Group Executives and Boards on procurement strategy, third-party risk exposure, and geopolitical/supply chain trends Stakeholder & Change Management • Champion enterprise alignment, balancing global standardization with local agility, • Drive stakeholder engagement across regional CEOs, CFOs, CIOs, and Vendor Management/Legal/Compliance heads to build broad-based support for procurement modernization, • Develop and deliver clear, compelling communications and business cases for change Operational Excellence & Risk Management • Oversee global procurement processes, policies, and governance—ensuring compliance with Japanese Insurance Business Law and local regulatory requirements, • Build group-wide third-party risk and contract lifecycle management capabilities, • Leverage procurement analytics and digital platforms (e.g., SAP Ariba, Coupa, Ivalua) to create visibility, control, and value capture across the global supplier base People & Capability Development • Build and lead a high-performing team across the U.S., U.K., Japan, and key global hubs, • Foster a performance-based culture rooted in integrity, transparency, and cross-border collaboration, • Drive learning, upskilling, and procurement maturity across diverse subsidiaries ESG, Sustainability & Innovation • Embed ESG principles and supplier diversity into sourcing decisions and frameworks, • Partner with internal ESG teams to ensure procurement supports group sustainability goals and stakeholder expectations, • Lead innovation in vendor ecosystems and service delivery models Qualifications: Experience • 10+ years in procurement or supply chain leadership roles, ideally within regulated industries (insurance, financial services, healthcare), • Experience managing complex federated organizations or multi-entity groups, • Demonstrated success leading global procurement transformation programs with measurable cost, risk, and compliance outcomes, • Deep category expertise across corporate services, technology, and insurance-adjacent domains, • Familiarity with regulatory landscapes in Japan, U.S., U.K., and EU is a strong plus Education • Bachelor’s degree in Business, Law, Finance, Supply Chain, or related field, • MBA or equivalent advanced degree preferred, • Procurement certifications (e.g., CPSM, CIPS) are advantageous Salary range $182,000 to $225,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base.