Procurement Specialist

About Allianz

We are proud to be one of the world’s most trusted insurance companies, and Ireland’s #1 Property & Casualty Insurer serving over 900,000 customers across Ireland, for over 100 years. Our success is driven by the incredible people we employ, with over 800 people in Allianz Ireland, we are committed to supporting our employees' individual needs and aspirations.

This role is officially based in Elm Park, Dublin 4, but we embrace a hybrid working model that offers you the flexibility and support you need to excel in your role.

We are incredibly proud to be recognised as a Great Place to Work having won the Super Large Category in 2025, as well as being one of Ireland’s Best Workplaces for Women and Best Workplaces for Health & Wellbeing. If you're ready to take the next step in your career, apply now and become part of the team!

The Opportunity

We are hiring a Procurement Specialist to join our Operations Team at Allianz. You'll manage end-to-end procurement processes, develop sourcing strategies, and ensure compliance with Irish regulatory requirements. Your role will involve vendor risk management, contract negotiation, and performance tracking. Collaborate with cross-functional teams to enhance operational resilience and support governance activities.

This is a flexible hybrid working role, working from Allianz’s office in Elmpark, Dublin 4. 

Key Responsibilities:

1. Strategic Procurement & Sourcing

• Lead end-to-end procurement processes (RFI, RFP, RFQ, negotiation, contract award).
• Develop sourcing strategies aligned to business objectives and regulatory obligations.
• Deliver cost optimisation and value generation across key spend categories based on regular spend reviews.
• Conduct supplier market analysis and benchmarking.
• Support the management of project pipeline.

2. Vendor & Third-Party Risk Management (Irish Regulatory Focus)

• Support and develop the implementation and maintenance of the company’s Third-Party Risk Management Framework.
• Identify and assess critical or important outsourcing arrangements in line with:

•  Central Bank of Ireland Outsourcing Requirements
•  EIOPA Guidelines on Outsourcing
• DORA requirements

•  Support vendor due diligence, including:

•  Financial stability assessments
• Information security reviews
•  Data protection compliance (GDPR)
• Business continuity and disaster recovery capabilities
• Concentration risk analysis

• Maintain and update the Outsourcing Register.
• Support CBI notification requirements for critical or important outsourcing.
• Support the monitoring of ongoing vendor performance, risk indicators, and compliance obligations.
•  Participate in periodic vendor reviews and risk reassessments.

3. DORA Compliance & Operational Resilience

• Support the implementation of DORA requirements relating to ICT third-party risk.
• Ensure ICT service providers meet DORA resilience standards.
• Collaborate with IT, Risk, and Compliance to:

• Assess ICT criticality
•  Document resilience testing requirements
• Ensure contractual alignment with DORA provisions

• Assist in mapping ICT third-party dependencies.
• Support regulatory reporting and incident coordination where third-party providers are involved.

4. Contract & Performance Management

• Support the negotiation of commercial contracts, SLAs, and KPIs.
• Track vendor performance metrics and service delivery standards.
• Manage contract renewals, renegotiations, and exit processes.
• Drive performance improvement plans where required.

5. Governance & Stakeholder Engagement

• Work closely with all functions within the business to support both Procurement and Third-Party Risk Management.
• Prepare documentation for governance committees (Outsourcing Committee / Risk Committee).
• Support internal and regulatory audits relating to outsourcing and vendor oversight.

Key Requirements / Skills & Experience

Essential:

• Bachelor’s degree in Business, Finance, Supply Chain, Risk, or related field.
• 4–6 years’ experience in procurement, vendor management, or third-party risk within:

• Insurance
• Financial services
• Regulated Irish environment

• Strong understanding of:

• Central Bank of Ireland Outsourcing Requirements
• EIOPA Outsourcing Guidelines
• DORA (ICT third-party risk focus)
• GDPR in outsourcing contexts

• Experience maintaining outsourcing registers and conducting vendor due diligence.
• Risk or compliance exposure highly advantageous.
• Demonstrated experience in process or procedural improvement within a regulated environment.
• Taking Ownership of tasks and collaboratively working with different of the organisation to overcome obstacles.
• Strong commercial negotiation capability.
• Regulatory awareness and governance mindset.
• Excellent stakeholder management skills.
• Analytical with strong risk assessment capability.
• High attention to detail and documentation standards.
• Ability to balance commercial outcomes with regulatory obligations.

Desirable:

• CIPS qualification or working towards desirable.
• Experience in ICT vendor management.
• Familiarity with operational resilience frameworks.
• Experience supporting CBI regulatory inspections.
• Knowledge of Solvency II governance requirements.
• At Allianz Ireland, we are committed to staying at the forefront of technological advancements. While this role may not require specific expertise in Data Analytics or AI technologies, having an understanding of their principles and practical uses would be advantageous.

Our Benefits:

We offer a competitive remuneration package, generous pension scheme contributions, health insurance, working from home allowance, numerous wellbeing and family benefits, an onsite gym, and a well-connected, accessible location with onsite staff parking and free lunches.

#LI-Hybrid This is a hybrid remote/in-office role

Allianz plc. is regulated by the Central Bank of Ireland.

94515 | Procurement | Professional | Non-Executive | Allianz Ireland | Full-Time | Permanent