Tactical Buyer

Who we are:

GIG Gulf (a Fairfax company) is part of the Gulf Insurance Group (GIG), the #1 largest regional composite insurer in the Middle East and North Africa, with presence in 12 markets including the United Arab Emirates, Bahrain, Oman, Qatar, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Kuwait, Lebanon, and Turkey. GIG Group reported consolidated assets of US$ 4.01 billion and $84 million net profit for the year 2024. The majority shareholder of GIG Group is Toronto based Fairfax Financial Holding, a global leader in insurance and reinsurance with a presence in 40 markets.

GIG Gulf is an ‘A’ rated regional insurer with a top 5 position in each of its markets (UAE, Oman, Qatar, Bahrain). GIG Gulf has been present in the region for over 70 years with a strategic focus on both growth and investments and is a one stop shop offering a wide range of insurance products and services that cater to a broad variety of needs for corporates, SMEs and individual customers throughout UAE, Oman, Bahrain, and Qatar. GIG Gulf also owns a 50% stake in GIG Saudi. Our strategic objectives and guiding principles are focused on Regional Growth, Customer Experience and Digital Transformation.

GIG Gulf has created a diverse and inclusive working environment and culture with a workforce of over 800 employees, with over 60 nationalities, across 15 branches and retail shops region-wide and over 1 million customers. GIG Gulf is a caring partner that encourages customers to achieve their goals and live an inspiring and fulfilling life. We are obsessed with customer feedback and continuously evolving to become the region’s digital insurer of reference, committed to running our operations in a responsible, sustainable way.

Job purpose:

The Tactical Buyer is responsible for supporting procurement operations through effective sourcing execution, spend analytics, supplier coordination, and Procure-to-Pay (P2P) activities. The role focuses on driving cost efficiency, ensuring timely procurement execution, and supporting strategic sourcing initiatives across indirect and/or direct spend categories.

Key Responsibilities:

Procurement & Sourcing Support

• Execute day-to-day procurement activities across Procure-to-Pay (P2P) and/or Strategic Sourcing processes.
• Support sourcing initiatives by preparing RFQs/RFPs, analyzing supplier bids, and assisting in supplier selection processes.
• Conduct spend analysis and support cost-saving initiatives through data-driven insights.
• Spend Analytics & Commercial Analysis
• Perform spend and cost modeling, including Total Cost of Ownership (TCO) analysis.
• Prepare supplier bid comparisons, balance scorecards, and contract performance reports.
• Translate contract terms and commercial data into clear analytical reports for stakeholders.
• Category & Supplier Management Support
• Support indirect sourcing categories and/or direct sourcing commodities, ensuring compliance with sourcing strategies.
• Assist in supplier performance tracking and reporting against agreed KPIs.
• Identify opportunities for process improvements, cost optimization, and supplier consolidation.

Operational & Technical Responsibilities:

Procurement Operations

• Monitor and follow up on Purchase Requisitions (PRs) and Purchase Orders (POs) to ensure timely processing and closure.
• Manage procurement escalations to expedite purchasing activities in coordination with business stakeholders.
• Provide active backup support to the team on invoice follow-ups, payment issues, and shared mailbox/email management.

Risk & Issue Management

• Proactively anticipate, identify, and highlight potential risks or challenges related to suppliers, contracts, or internal stakeholders.
• Support resolution of operational issues impacting service delivery or supplier performance.
• Ensure adherence to procurement policies, procedures, and internal controls.

Systems & Tools

• Utilize sourcing and analytics tools such as SAP, MM/SRM, SMART, Docusign and Ariba to support procurement activities.
• Develop and maintain Excel- and Access-based analytical models to support sourcing and spend analysis.
• Prepare professional PowerPoint presentations for internal reviews, management updates, and stakeholder communication.

Minimum requirements of role

Essential:

• Bachelor’s degree in Business Administration, Supply Chain, Engineering, Finance, or a related field.
• Strong proficiency in English with excellent written, verbal, listening, and comprehension skills for global stakeholder interaction.

Desirable:

• 3 to 6 years of experience in Procurement Analytics, Indirect Procurement, Spend Management, Category Management, or Strategic Sourcing support roles.
• Experience within industry, consulting, or outsourcing/shared services environments.
• Experience with Power BI or similar data visualization tools will be considered as a plus.
• Knowledge of additional languages such as Arabic or other regional/global languages will be considered a strong advantage.