Assistant Procurement Manager

About Mutakamela Insurance

Mutakamela Insurance is a growing leader in the insurance sector within Saudi Arabia. The company focuses on attracting and developing talent to support its continued success and expansion. Mutakamela operates with a culture rooted in professionalism, innovation, and collaboration.

Position Overview

Mutakamela Insurance is seeking an Assistant Procurement Manager to join its procurement team in Riyadh, Saudi Arabia. This full-time role requires 5-10 years of experience, with a strong background in the insurance industry. The successful candidate will manage the end-to-end procurement lifecycle, from strategic vendor sourcing to supplier performance management, operating with autonomy to establish vendor relationships and drive cost-effective strategies.

Key Responsibilities

• 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 (*, loss adjusters, medical networks, IT infrastructure, legal counsel, and third-party administrators).
• Conduct commercial negotiations on pricing, payment terms, SLAs, and contract conditions to secure optimal value.
• 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 all commercial registrations (CR), 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.
• Leverage domain knowledge of insurance operations to align procurement practices with local regulatory standards, including SAMA/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.
• Manage daily procurement operations independently with minimal supervision, taking initiative on complex sourcing tasks.
• Collaborate with internal business units 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.

Qualifications and Experience

• 5-10 years of experience in procurement.
• Strong background and understanding of the Insurance Industry.
• Demonstrated ability to manage the full procurement lifecycle autonomously.
• Knowledge of local market dynamics and regulatory standards in Saudi Arabia.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role involves operating with a high degree of autonomy within the procurement team.

Application Process

Mutakamela Insurance is committed to building a strong, capable workforce. Qualified candidates are encouraged to apply.