Procurement & Outsourcing Manager

Social network you want to login/join with:col-narrow-leftClient:CFCLocation:London, United KingdomJob Category:Other-EU work permit required:Yescol-narrow-rightJob Reference:6fc0930c188dJob Views:17Posted:18.06.2025Expiry Date:02.08.2025col-wideJob Description:Procurement & Outsourcing ManagerDue to CFC\’s continued growth we are looking for an experience Procurement professional to lead CFC’s central processes and initiatives relating to procurement and outsourcing.Procurement & Outsourcing ManagerDue to CFC\’s continued growth we are looking for an experience Procurement professional to lead CFC’s central processes and initiatives relating to procurement and outsourcing.This role will develop and execute centralised processes to oversee all procurement and outsourcing arrangements across CFC. This includes formulating sourcing strategies, conducting RFPs, negotiating favourable contracts, and consolidating purchases to maximise cost savings while maintaining high quality standards.This is a collaborative role that will require you to build a strong network of internal relationships and gain a deep understanding of all aspects of CFC. Department Products & Operations Employment Type Permanent – Full Time Location London Workplace type Hybrid Reporting To Glen BaldacchinoAbout the roleYou will establish robust vendor governance, managing relationships with key suppliers alongside business owners through performance reviews and continuous improvement efforts. Responsibilities include creating reports and updates for leadership, maintaining compliance through gap analyses and ongoing process reviews, and collaborating cross-functionally to mitigate risks.Develop and implement centralised processes to manage procurement and outsourcing arrangementsDevelop and implement sourcing strategies to procure goods and services at the best possible cost, quality, and termsCreate and issue reports on procurement & outsourcing arrangements, including board and committee updates as requiredMaintain and manage the annual review process with business owners, including setting out KPIs for all outsourcing contractsConduct a gap analysis and perform ongoing reviews between the outsourcing process and regulator requirements to ensure complianceLead the RFP process for major purchases, negotiating favorable contracts with suppliers and service providersIdentify opportunities to consolidate purchases across the company to leverage spend and increase cost savingsManage relationships with key vendors and suppliers alongside business owners, conducting performance reviews and driving continuous improvementCollaborate with other departments (Compliance, Legal, IT etc.) to ensure proper risk mitigationAbout youWe are looking for someone with extensive experience in progressive procurement with supply chain and outsourcing experience. You will ideally have MCISPS or another similar industry recognised certification and membership. Experience of setting up a procurement function or working in a start up/scale up company would be preferred.You will be as strategic thinker with strong leadership skills and negotiation and contract management abilities. These skills along with excellent stakeholder management and relationship building are critical for this roles success.Core ValuesLove what you do:We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.Challenge everything:We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.Have fun, be good:Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.About CFCCFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today\’s most critical business risk.Headquartered in London with offices in New York, Austin, Brussels and Brisbane, CFC has over 800 staff and is trusted by more than 100,000 businesses across 90 countries.At CFC, insurance isn\’t just about underwriting. From data science to software development, and digital marketing design, we\’ve got something for everyone. We\’re passionate about pushing boundaries, thinking differently and building the insurance company of the future.CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way. Should you require any reasonable adjustments at any stage of the recruitment process please let us know.Our Hiring ProcessStage 2:Phone screeningStage 3:First stage interviewStage 4:Second stage interviewStage 5:HiredStage 1:AppliedStage 2:Phone screeningStage 3:First stage interviewStage 4:Second stage interviewStage 5:HiredStage 1:AppliedStage 2:Phone screeningStage 3:First stage interviewStage 4:Second stage interviewStage 5:HiredDon\’t worry if you don\’t see any roles you want to apply for now. Register your interest so we can contact you when a suit role comes along #J-18808-Ljbffr