Procurement Assistant in London

Procurement Assistant in London

London Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
Apollo

At a Glance

  • Tasks: Support supplier management and contract governance in a dynamic procurement team.
  • Company: Join Apollo, an innovative insurance platform at Lloyd’s of London.
  • Benefits: Enjoy competitive salary, 31 days annual leave, and private medical insurance.
  • Other info: Flexible working environment that values diversity and inclusion.
  • Why this job: Kickstart your procurement career with exposure to diverse business functions.
  • Qualifications: Interest in procurement and strong communication skills are essential.

The predicted salary is between 30000 - 40000 £ per year.

Who we are

Apollo, a Skyward Group company, is an innovation-inspired insurance platform operating at Lloyd’s of London, delivering data-driven and creative solutions across a broad range of risks. Our name reflects our origins. Inspired by one of our founding investors, Neil Armstrong, the first person to walk on the moon, the business was built with the same pioneering mindset. Alongside Jim Hays, Neil set out to create a different kind of Lloyd’s platform, focused, agile and built around people. Since launch in 2009, we have grown into a diversified insurance group offering products across Property, Casualty, Marine, Energy and Transportation, Specialty and Reinsurance, alongside Smart Follow and digital and embedded risk programmes. Our experience and unique ecosystem give Platform Partners the best chance of success, from navigating the Lloyd’s new entrant process through to the delivery of their long-term strategy. With a team of more than 300 professionals, we continue to grow with purpose, combining underwriting excellence, innovation and collaboration to enable a more resilient and sustainable world.

Your Role

As a Procurement Assistant, you will join Apollo's Procurement team and work closely with the Procurement Manager to support supplier management, contract governance, commercial negotiations, and procurement operations across the business. This is an excellent opportunity for someone looking to develop their procurement career within the Lloyd's market. You will gain exposure to supplier relationships, contract management, third-party risk management, commercial negotiations, and procurement governance while supporting a diverse range of business functions across Apollo. Operating within an FCA and PRA regulated environment, you will help ensure supplier engagements, contractual arrangements, and procurement activities align with internal policies, regulatory expectations, and commercial objectives.

What You'll Do

  • Support the end-to-end management of supplier contract renewals, ensuring agreements are reviewed, negotiated, and renewed in a timely manner.
  • Assist with reviewing supplier contracts, terms and conditions, and commercial agreements, working closely with Legal and key business stakeholders.
  • Support supplier negotiations, preparing commercial analysis and helping secure improved pricing, contractual terms, and value from suppliers.
  • Maintain procurement records, contract registers, renewal schedules, and supporting governance documentation.
  • Support supplier onboarding, due diligence, and third-party risk management activities.
  • Assist with monitoring supplier performance and maintaining positive supplier relationships across a diverse supplier portfolio.
  • Work with stakeholders across the business to coordinate procurement activity and provide guidance on procurement processes.
  • Support compliance with procurement policies, supplier governance standards, data protection requirements, and regulatory expectations.
  • Contribute to the continuous improvement of procurement processes, controls, and supplier governance frameworks.
  • Develop a strong understanding of procurement best practice within the Lloyd's and wider financial services market.

What We Are Looking For

  • Exposure to working within an FCA and PRA regulated environment, ideally within the Lloyd's market, insurance, financial services, or another regulated industry.
  • Exposure to supplier governance frameworks, contract management processes, and third-party risk management activities.
  • Previous experience within procurement, supplier management, vendor management, commercial operations, or contract administration.
  • Strong commercial awareness, with an interest in supplier negotiations, relationship management, contract management, and delivering value through commercial and procurement activities.
  • Excellent organisational and time management skills, with the ability to manage multiple priorities and deadlines.
  • Strong stakeholder engagement and communication skills, comfortable working with colleagues at all levels of the business and confident handling supplier relationships and discussions.
  • Experience reviewing contracts, commercial agreements, or supplier documentation would be beneficial.
  • Exposure to tender processes, including obtaining quotes and supporting Requests for Information (RFI) and Requests for Proposal (RFP).
  • Attention to detail when working with data, pricing information, and commercial analysis to support decision making.
  • Proficiency in Microsoft Office, particularly Excel, Word, SharePoint, and PowerPoint.
  • Interest in pursuing or working towards Chartered Institute of Procurement & Supply (CIPS) qualifications would be advantageous.

What you’ll get in return

We offer a competitive and thoughtfully designed reward package that reflects the value of our people. This includes a fair and attractive salary, discretionary bonus, and a comprehensive benefits package - including 31 days’ annual leave, a non-contributory pension and private medical insurance.

Our commitment to inclusion

At Apollo, people are at the heart of everything we do. We are a diverse, growing team of empowered experts who bring collaboration, innovation and data-driven thinking to every relationship and every risk. We believe diversity and inclusion go far beyond targets. They are essential to understanding the global communities we serve and to making better decisions. That’s why we are committed to developing diverse talent at every level and creating an environment where different perspectives are genuinely valued, supported and celebrated. We also run a programme of events, training and initiatives designed to recognise both the challenges and opportunities that come with building an inclusive workplace.

Hybrid & flexible working

Flexible and hybrid working are fully embraced at Apollo. We do not believe in presenteeism. Instead, we trust our people to work in ways that allow them to perform at their best, balancing professional responsibilities with personal commitments.

Supporting your application

Apollo is committed to creating an inclusive recruitment experience where every candidate feels supported and able to perform at their best. To help us do this, we invite you to complete a confidential ClearTalents profile. It takes just a few minutes and allows you to share any adjustments that may support you during the recruitment process. Your information remains private, and the recruitment team is only notified if an adjustment is requested.

Procurement Assistant in London employer: Apollo

Apollo, a Skyward Group company, is an exceptional employer that fosters a culture of innovation and collaboration within the dynamic Lloyd's of London environment. With a commitment to employee growth, we offer comprehensive benefits including 31 days of annual leave, a non-contributory pension, and private medical insurance, all while promoting flexible working arrangements that empower our team to thrive both professionally and personally. Join us to be part of a diverse team dedicated to making a meaningful impact in the insurance industry.

Apollo

Contact Details:

Apollo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Procurement Assistant in London

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already working at Apollo or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.

Tip Number 2

Prepare for interviews by researching Apollo's values and recent projects. Show us you’re not just another candidate; demonstrate your passion for procurement and how you can contribute to our innovative culture.

Tip Number 3

Practice your negotiation skills! Since supplier negotiations are key in this role, brush up on your techniques. Role-playing with a friend can help you feel more confident when discussing terms during interviews.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at Apollo.

We think you need these skills to ace Procurement Assistant in London

Supplier Management
Contract Governance
Commercial Negotiations
Procurement Operations
Third-Party Risk Management
Stakeholder Engagement
Organisational Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Procurement Assistant role. Highlight relevant experience in supplier management, contract governance, and any exposure to regulated environments like FCA or PRA. 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 procurement and how your background makes you a great fit for Apollo. Don’t forget to mention your interest in working within the Lloyd's market!

Showcase Your Skills:Be sure to highlight your organisational skills and attention to detail. Mention any experience with Microsoft Office tools, especially Excel, as these are crucial for managing procurement records and data analysis. We love seeing candidates who can manage multiple priorities!

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 that you’re genuinely interested in joining our team at Apollo!

How to prepare for a job interview at Apollo

Know Your Procurement Basics

Before the interview, brush up on procurement principles and practices, especially within regulated environments like Lloyd's. Familiarise yourself with supplier governance frameworks and contract management processes to show you understand the role.

Showcase Your Negotiation Skills

Prepare examples of past experiences where you've successfully negotiated contracts or managed supplier relationships. Highlight your commercial awareness and how you delivered value through these activities, as this will resonate well with the interviewers.

Be Organised and Detail-Oriented

Demonstrate your organisational skills by discussing how you manage multiple priorities and deadlines. Bring up specific tools or methods you use to maintain procurement records and ensure compliance with policies, as attention to detail is crucial in this role.

Engage with Stakeholders

Prepare to discuss how you've effectively communicated and engaged with various stakeholders in previous roles. Share examples that illustrate your ability to coordinate procurement activities and provide guidance, as strong communication skills are key for a Procurement Assistant.