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- Tasks: Lead procurement strategies and manage supplier relationships to drive value and innovation.
- Company: Join a leading financial services company focused on strategic growth.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a real impact by optimising supplier contracts and driving business success.
- Qualifications: Experience in procurement, strong negotiation skills, and a degree or equivalent.
- Other info: Dynamic role with a focus on collaboration and strategic thinking.
The predicted salary is between 36000 - 60000 £ per year.
The Procurement Manager will proactively engage with the business to understand and support their strategy through the sourcing and management of third-party suppliers to extract maximum value, bring innovation and mitigate supplier risk for new and existing contracts and relationships including Intragroup Agreements (IGAs).
Responsibilities include:
- Identifying and leading commercial discussions for the IGAs with other contracting parties.
- Driving a culture of competitiveness and effective risk management, becoming a trusted advisor to the business.
- Supporting Canada Life Business Leaders and Contract business owners for key IGAs.
- Leading and executing deals according to business policy and agreed timelines.
- Creating a proactive pipeline that brings savings and value to the business.
- Ensuring that products and services contracted for are received and that key suppliers are effectively managed.
- Meeting contractual obligations and internal governance and risk processes.
- Using competitor and industry knowledge to drive innovation and commercial value.
- Leading on specific IGA knowledge in the creation and continual review of a robust and forward-looking roadmap.
- Providing forward-looking data driven opportunities based on business needs, supply market dynamics, and technological changes.
- Collaborating with global Procurement teams on Global / European agreements.
- Assessing supplier associated risks inherent to the business at the point of contract.
- Ensuring an appropriate balance of risk with cost of control.
- Maintaining robust data integrity in systems and ensuring appropriate procurement methodology for each initiative.
- Managing any out of governance contract actions ensuring timely closure.
- Delivering a clear handover between market sourcing to contract handover.
Required skills include:
- Strong evidence of leading category planning development, sourcing and contract management.
- Excellent strategic agility, critical thinking, communication and influencing skills.
- Excellent senior level negotiation skills.
- Ability to think strategically as well as tactically.
- Strong written and verbal communication including presentation skills for engaging stakeholders.
- Strong business planning skills, able to drive change.
- Good knowledge of contract law.
- Advanced user of MS Word / Excel / PowerPoint / Visio, especially Excel and PowerPoint.
Qualifications:
- Desirable Financial Services experience - knowledge of the regulatory environment.
- MCIPS qualified (or studying towards).
- Educated to a degree level or equivalent.
- Procurement experience in a similar role.
Procurement Manager in Westminster employer: Canada Life Limited
Contact Detail:
Canada Life Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager in Westminster
✨Tip Number 1
Network like a pro! Get out there and connect with people in the procurement field. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your skills! When you get the chance to chat with hiring managers or recruiters, make sure to highlight your strategic agility and negotiation skills. Share specific examples of how you've driven value and managed supplier risks in past roles.
✨Tip Number 3
Prepare for interviews by researching the company’s procurement strategies and recent projects. This will help you tailor your responses and demonstrate that you’re not just a fit for the role, but also genuinely interested in their business.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Procurement Manager in Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Procurement Manager role. Highlight your experience with supplier management, contract negotiations, and any relevant financial services background. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've driven innovation and managed supplier risks in the past. Let us know how you can support our strategy!
Showcase Your Skills: Don’t forget to highlight your strategic agility and communication skills. We’re looking for someone who can engage stakeholders effectively and make a strong business case for change. Make sure these skills stand out in your application!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining StudySmarter!
How to prepare for a job interview at Canada Life Limited
✨Know Your IGAs Inside Out
Make sure you understand Intragroup Agreements (IGAs) thoroughly. Be prepared to discuss how you've managed similar contracts in the past and how you can bring innovation and value to the table. Research the company's existing agreements and think about how you can improve them.
✨Showcase Your Negotiation Skills
Prepare examples of successful negotiations you've led, especially in a procurement context. Highlight your strategic agility and critical thinking by discussing how you balanced risk with cost control in previous roles. This will demonstrate your ability to be a trusted advisor.
✨Demonstrate Data-Driven Decision Making
Be ready to talk about how you've used data to drive procurement decisions. Discuss specific instances where you identified opportunities based on market dynamics or technological changes. This shows that you can create a proactive pipeline that aligns with business needs.
✨Engage Stakeholders Effectively
Prepare to discuss your communication and presentation skills. Think of ways you've successfully engaged stakeholders in the past, particularly when making a business case for change. This is crucial for ensuring that you can collaborate effectively with global teams and local business leaders.
