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- Tasks: Lead procurement strategies and manage supplier relationships to drive value and innovation.
- Company: Join Canada Life UK, a modern and agile organisation focused on building better futures.
- Benefits: Enjoy a competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact by optimising supplier contracts and driving business success.
- Qualifications: Experience in procurement and strong negotiation skills are essential.
- Other info: Be part of a supportive team with a focus on innovation and risk management.
The predicted salary is between 36000 - 60000 £ per year.
6 Month Fixed Term Contract
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
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). The Procurement Manager will need to be able to identify and then lead commercial discussions for the IGAs with other contracting parties and drive a culture of competitiveness and effective risk management becoming a trusted advisor to the business.
The role will support Canada Life Business Leaders, Contract business owners for key IGAs. They will support key stakeholders in leading and executing deals according to business policy and agreed timelines and create a proactive pipeline that brings savings and value to the business. Ensuring that we receive the products and services that we have contracted for and that key suppliers are effectively managed, and contractual obligations and internal governance and risk processes are met.
The successful candidate/s must be able to use competitor and industry knowledge to drive innovation and commercial value to Canada Life.
Lead on specific IGA knowledge in the creation and continual review of robust and forward-looking roadmap that uses the full range of demand, specification and supply levers. Plans to provide forward-looking data driven opportunities based on business needs, supply market dynamics, and technological changes in the marketplace to achieve or exceed agreed annual savings targets.
To collaborate with the global Procurement teams on Global / European agreements to ensure that the requirements of the UK business are captured in IGAs. Support the assessment of supplier associated risks inherent to the business at the point of contract.
Procurement Manager in London employer: Canada Life UK
Contact Detail:
Canada Life UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching Canada Life UK and their approach to procurement. Understand their values and how they engage with suppliers. This will help you tailor your responses and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your negotiation skills! As a Procurement Manager, you'll need to lead commercial discussions. Role-play with a friend or mentor to get comfortable with articulating your value and driving competitive conversations.
✨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 Canada Life UK and contributing to their mission of building better futures.
We think you need these skills to ace Procurement Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Manager role. Highlight relevant experience and skills that align with the job description, especially around supplier management and commercial discussions. We want to see how you can bring value to Canada Life!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific examples of how you've driven innovation or managed supplier relationships in the past. Let us know what makes you tick!
Showcase Your Industry Knowledge: We love candidates who are in the know! Make sure to include any insights or knowledge about the procurement industry and how it relates to Canada Life's goals. This shows us you're not just applying for any job, but you’re genuinely interested in this one.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about Canada Life and what we stand for!
How to prepare for a job interview at Canada Life UK
✨Know Your Procurement Stuff
Make sure you brush up on procurement strategies, especially around supplier management and risk mitigation. Familiarise yourself with the latest trends in the industry and be ready to discuss how you can bring innovation to Canada Life's procurement processes.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've led, particularly those involving contracts or IGAs. Highlight your ability to drive competitive discussions and how you've successfully managed supplier relationships to extract maximum value.
✨Understand the Business Needs
Research Canada Life UK and its business model. Be prepared to discuss how you can align procurement strategies with their goals, especially in terms of financial planning and risk management. This shows that you’re not just a procurement expert but also a strategic partner.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company’s future direction. Inquire about their current challenges in procurement and how they envision the role of the Procurement Manager evolving. This demonstrates your genuine interest and strategic thinking.
