Procurement Manager

I'm excited to connect with an experienced Procurement Manager. This is a fantastic opportunity to join a dynamic team within a leading Insurance organisation based in London, offering a salary of £60,000 - £70,000, a £5400 car allowance, and a hybrid working model with 2 days per week in the office.

Your Role:As a Procurement Manager, you'll collaborate with senior leaders to shape and deliver sourcing strategies that maximise value, encourage innovation, and manage supplier risks. You'll oversee key contracts across IT and non-IT areas, lead impactful negotiations with multiple vendors, and act as a trusted advisor to the business. This role is essential in driving competitive outcomes and effective risk management for a large-scale organisation with a strong footprint in financial services and telecoms.

Your Responsibilities:

• Develop and maintain proactive category plans, using market insights, business needs, and technological trends to meet or exceed savings targets.
• Identify and evaluate new sourcing opportunities, ensuring they align with organisational goals and UK/global procurement frameworks.
• Lead commercial negotiations with suppliers, promoting competitive strategies such as e-auctions and rapid RFX processes.
• Assess and mitigate supplier risks, balancing cost efficiency with robust controls amid economic, regulatory, or operational shifts.
• Maintain accurate procurement data, track pipeline activity, and deliver savings in line with internal processes.
• Work closely with stakeholders to execute sourcing initiatives and manage supplier relationships, ensuring seamless transitions to contract implementation.

Requirements:We're seeking a strategic and hands-on professional with a strong procurement background. If you bring:

• Proven experience in sourcing, contract management, and category planning, ideally within IT-related areas.
• Exceptional negotiation, critical thinking, and influencing skills, with the ability to engage senior stakeholders.
• A blend of strategic vision and tactical delivery, plus strong business planning skills to drive change.
• Excellent communication and presentation abilities to build compelling cases for investment or transformation.
• Advanced proficiency in MS Excel and PowerPoint (Word and Visio knowledge a plus).
• Solid understanding of contract law and procurement best practices.

Desirable:

• Experience in financial services, with an awareness of regulatory environments.
• MCIPS qualification (or working towards it).
• Familiarity with global or European procurement frameworks.

What's On Offer:

• A competitive salary of £60,000 - £70,000, based on experience.
• £5400 annual car allowance.
• Healthcare, life assurance, group income protection, and 30 days annual leave.
• Hybrid working with 2 days per week in the London office

In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.