At a Glance
- Tasks: Lead strategic sourcing for Professional Services and manage complex contract negotiations.
- Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package, including health, wellbeing, and professional development.
- Other info: Inclusive culture that values diversity and fosters continuous learning.
- Why this job: Make an impact by driving value through strategic sourcing and supplier relationships.
- Qualifications: Bachelor's degree and significant experience in strategic sourcing and contract negotiations.
The predicted salary is between 60000 - 75000 £ per year.
Join as a Senior Sourcing Specialist to take your career to the next level with a global market leader.
Making your mark in Global Sourcing & Procurement Services
Our Global Sourcing & Procurement Services (GS&PS) colleagues manage all AIG third party spend, ensuring maximized productivity and quality. Our global team includes Category Strategy, Negotiations and Execution, Transformation, Operations, Productivity, Environmental Sustainability, Supplier Diversity, Analytics, Tools and Program Governance. GS&PS is committed to providing value to our stakeholders through building trust, providing a best-in-class procurement experience, maximizing profit, minimizing risk and enabling sustainable growth for AIG.
How you will make an impact
As the Senior Sourcing Specialist for Professional Services (IT & Non-IT) in UK & EMEA, you will be responsible for executing category strategy and leading sourcing initiatives in partnership with business leadership. Success in this role requires building strong relationships with both internal stakeholders and strategic suppliers to deliver optimal value. You will manage multiple complex and time-sensitive projects, ensuring alignment with AIG's policies and strategic goals.
Some of the key responsibilities include:
- Lead end-to-end strategic sourcing processes for Professional Services, encompassing contract negotiations, RFP management, and sourcing strategy development.
- Take ownership of complex contract negotiations, driving favourable business and pricing terms and conditions based on comprehensive market research and benchmark analysis.
- Spearhead cross-functional teams to define precise Professional Services supplier requirements and facilitate collaborative supplier selection, ensuring successful contract completion by business-critical deadlines.
- Assess supplier performance to ensure compliance with contractual obligations and high-quality service delivery to business stakeholders.
- Establish strong relationships with business leaders and stakeholders, gaining a deep understanding of their strategic direction, requirements, and priorities across assigned spend categories.
- Serve as a trusted advisor to leadership on procurement best practices and strategies, upholding AIG's global procurement ethics and policies.
- Maintain expertise on market trends, supplier dynamics, and regulatory changes impacting the Professional Services category to inform strategic sourcing decisions.
What you’ll need to succeed
- Bachelor's degree in a relevant field such as Business, Supply Chain Management, Finance, or equivalent practical experience.
- Significant experience in strategic sourcing and complex contract negotiations specifically within Professional Services (IT and non-IT).
- Proven ability to draft, negotiate, and effectively manage a portfolio of supplier agreements in the Professional Services category.
- Strong analytical skills with the ability to identify potential issues, propose solutions, and balance interests to achieve mutually beneficial agreements.
- Excellent communication and stakeholder management skills, including the ability to influence cross-functional teams and senior leadership.
- Demonstrated ability to work independently and collaboratively with senior management.
- In-depth knowledge of best-in-class Sourcing, Contracting, and Vendor Management processes, ideally within a complex organizational environment.
- Customer-centric approach, with a strong focus on understanding business needs and delivering solutions that provide maximum value.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Senior Sourcing Specialist, Professional Services employer: American International Group
AIG is an exceptional employer that prioritises the growth and wellbeing of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. With a strong emphasis on collaboration and inclusion, AIG fosters a vibrant work culture in London where diverse talents are celebrated, and employees are empowered to make impactful contributions in the field of Global Sourcing & Procurement Services.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Sourcing Specialist, Professional Services
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the lookout for opportunities. A personal recommendation can go a long way in landing that Senior Sourcing Specialist role.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Understand their values and how you can contribute to their goals. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice your negotiation skills! As a Senior Sourcing Specialist, you'll need to demonstrate your ability to drive favourable terms. Role-play with a friend or mentor to sharpen your approach before the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Sourcing Specialist, Professional Services
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Sourcing Specialist role. Highlight your experience in strategic sourcing and contract negotiations, especially within Professional Services. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your understanding of AIG's values and how you can contribute to our goals.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to manage complex projects and build strong relationships. We love numbers, so if you can quantify your successes, even better!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at AIG!
How to prepare for a job interview at American International Group
✨Know Your Stuff
Before the interview, dive deep into the specifics of strategic sourcing and contract negotiations within Professional Services. Familiarise yourself with AIG's values and how they align with your experience. This will help you speak confidently about how you can contribute to their goals.
✨Build Relationships
Since this role involves managing relationships with internal stakeholders and suppliers, think of examples from your past where you've successfully built rapport. Be ready to discuss how you approach collaboration and influence others, as this will be key in demonstrating your fit for the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific instances where your analytical skills have led to successful outcomes in sourcing or contract negotiations. Highlight how you identify issues and propose solutions, as this will resonate well with the expectations of the Senior Sourcing Specialist position.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions that show your interest in AIG’s procurement strategies and market trends. This not only demonstrates your enthusiasm but also gives you a chance to engage in a meaningful conversation about the role and the company.
