Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead sourcing strategies and manage supplier relationships in a dynamic insurance team.
- Company: Join a leading insurance organisation with a strong presence in financial services and telecoms.
- Benefits: Enjoy a competitive salary, car allowance, healthcare, and 30 days annual leave with hybrid work options.
- Why this job: Be part of a collaborative culture that values innovation and strategic thinking.
- Qualifications: Proven procurement experience, strong negotiation skills, and familiarity with contract law required.
- Other info: MCIPS qualification or progress towards it is preferred.
The predicted salary is between 60000 - 70000 £ per year.
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.
- 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.
Procurement Manager employer: G-NIUS
Contact Detail:
G-NIUS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Familiarise yourself with the latest trends in procurement, especially within the insurance and financial services sectors. This knowledge will not only help you during interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in the procurement space, particularly those who have experience in IT-related areas. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss specific examples of successful negotiations you've led in the past. Highlighting your ability to drive competitive outcomes and manage supplier risks will resonate well with the hiring team.
✨Tip Number 4
Showcase your proficiency in MS Excel and PowerPoint by being ready to discuss how you've used these tools to analyse data or present procurement strategies. This practical knowledge is crucial for the role and will set you apart from other candidates.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement, especially in sourcing, contract management, and category planning. Use specific examples that demonstrate your negotiation skills and ability to engage with senior stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic vision and tactical delivery in procurement. Mention your familiarity with financial services and regulatory environments, and explain how your skills align with the company's goals.
Highlight Relevant Skills: Emphasise your advanced proficiency in MS Excel and PowerPoint, as well as your understanding of contract law and procurement best practices. These skills are crucial for the role and should be clearly stated in your application.
Showcase Your Achievements: Include quantifiable achievements in your application, such as savings targets met or successful negotiations led. This will help demonstrate your impact in previous roles and your potential value to the company.
How to prepare for a job interview at G-NIUS
✨Showcase Your Strategic Thinking
As a Procurement Manager, it's crucial to demonstrate your ability to develop and implement strategic sourcing plans. Be prepared to discuss specific examples where you've successfully shaped procurement strategies that maximised value and mitigated risks.
✨Highlight Negotiation Skills
Negotiation is key in this role. Share experiences where you've led impactful negotiations with suppliers, especially in IT-related areas. Discuss the techniques you used, such as e-auctions or rapid RFX processes, to achieve competitive outcomes.
✨Understand the Regulatory Environment
Given the financial services context, it's important to show your awareness of regulatory environments. Brush up on relevant regulations and be ready to discuss how you've navigated these in past roles to ensure compliance while achieving procurement goals.
✨Demonstrate Stakeholder Engagement
This role requires collaboration with senior leaders and stakeholders. Prepare to talk about how you've effectively engaged with various stakeholders to execute sourcing initiatives and manage supplier relationships, ensuring smooth transitions to contract implementation.
