Senior Sourcing Manager

Senior Sourcing Manager

Leeds Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead sourcing strategies and manage complex supplier negotiations to drive business growth.
  • Company: Direct Line Group is a customer-focused powerhouse in insurance and procurement.
  • Benefits: Enjoy 50% off insurance, health perks, EV car leasing, 30 days leave, and more!
  • Why this job: Join a dynamic team that values innovation and collaboration while making a real impact.
  • Qualifications: Experience in strategic sourcing, excellent negotiation skills, and a passion for mentoring others.
  • Other info: Embrace a hybrid work model and bring your authentic self to a diverse workplace.

The predicted salary is between 48000 - 72000 £ per year.

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

Group Procurement is at the heart of this change agenda. As a strategic commercial function, we’re helping to shape the group\’s third party approach and be a key driver of competitive advantage for the business. As a centre for excellence in Procurement and Partnering, we support all business functions to manage performance and risk, along with driving value in the service of the end customer. As a result, it is incredibly fast-paced, dynamic, and diverse, with suppliers ranging from critical IT platforms and software to marketing agencies, HR supply chains and professional services.

This exciting Senior Sourcing Manager opportunity will lead and implement the commercial strategy focussed on categories within our Professional Services and Marketing team. Managing sourcing of high-value and complex external supplier spend, you will be responsible for helping Direct Line Group deliver on its ambition to support profitable growth, reduce costs, and simplify, through effective development and delivery of sourcing and contracting strategies.

What you\’ll be doing:

  1. Lead on the development of sourcing strategies for complex or high-risk categories to identify demand, specification, and supply chain opportunities, by understanding the key category cost drivers, markets, innovation, and risks.
  2. Engage with senior partners to understand their business needs, along with influencing the commercial outcomes.
  3. Manage your own strategic sourcing portfolio and deliver a pipeline of savings aligned to the business strategy.
  4. Lead complex end-to-end sourcing activity including sourcing plan, tenders (RFI/RFP), complex supplier negotiations and implement contract arrangements.
  5. Support the Business to shape the future by bringing in market insight and innovation to be at the forefront of the category.
  6. Ensure our approach and the outcomes align to our Group controls and risk appetite.
  7. Coach/manage sourcing managers to set goals, manage workload, and conduct performance reviews.

What you\’ll need:

  1. Experience in leading complex strategic sourcing, including end-to-end market reviews.
  2. Be data-led in the development of Sourcing and Category Plans using insight to shape and influence commercial outcomes.
  3. Good commercial acumen, with a natural curiosity and an ability to simplify the complex.
  4. Excellent negotiation skills, with experience in leading both complex commercial and contractual negotiations.
  5. Coaching skills: leading through mentoring – the ability to support the development of junior members as they progress their sourcing career.

Ways of Working:

Our hybrid model offers a \’best of both worlds\’ approach. The perfect blend between connection and flexibility combining the best parts of home and office working. When you\’ll be in the office depends on your role and team, but colleagues spend 2 days a week in the office to collaborate and connect.

What we’ll give you:

  1. 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  2. Additional optional Health and Dental insurance.
  3. AIP bonus.
  4. Private Medical Care.
  5. EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  6. 30 days annual leave.
  7. Buy as you earn share scheme.
  8. Employee discounts and cashback.
  9. Plus many more!

Be yourself:

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you.

Here at DLG we believe that there’s no one else like you. No one with the exact same mix of strengths, quirks, skills, and thoughts. We all work together to be brilliant for our customers every day. We\’re proud of who we are, of what we do, and what every single one of us brings to the team.

Like what you see? When we all come together, we can achieve great things. The question is, are you one of a kind too?

Be Yourself

Here at Direct Line Group, we recognise that AI tools are becoming increasingly popular and are often used by candidates during the recruitment process. While these tools can be helpful for checking spelling and grammar, we strongly encourage you to Be Yourself. We want to see your authentic self by hearing your unique voice and genuine experiences. As you prepare for your interviews, remember to answer questions in your own words, sharing your true experiences. At Direct Line Group, we believe in Owning It and Winning Together, and your authentic perspective is what will help us determine if you’re a great fit for our team!

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Senior Sourcing Manager employer: Direct Line Insurance Group

At Direct Line Group, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our hybrid working model offers the perfect balance of flexibility and collaboration, while our commitment to employee growth is evident through coaching opportunities and a supportive environment. With competitive benefits like generous annual leave, health insurance options, and a focus on diversity, we empower our team members to thrive both personally and professionally.
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Contact Detail:

Direct Line Insurance Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Sourcing Manager

✨Tip Number 1

Familiarize yourself with the latest trends in procurement and sourcing, especially in professional services and marketing. This knowledge will help you engage effectively with senior partners and demonstrate your understanding of the market.

✨Tip Number 2

Prepare to showcase your negotiation skills by practicing complex scenarios. Highlight your past experiences where you successfully led negotiations, as this will be crucial in demonstrating your capability to manage high-value supplier contracts.

✨Tip Number 3

Develop a clear understanding of data-driven decision-making in sourcing. Be ready to discuss how you've used data insights to shape sourcing strategies and influence commercial outcomes in previous roles.

✨Tip Number 4

Emphasize your coaching and mentoring experience. Be prepared to share examples of how you've supported junior team members in their development, as this aligns with the role's requirement for leadership in sourcing management.

We think you need these skills to ace Senior Sourcing Manager

Strategic Sourcing
Complex Negotiation Skills
Commercial Acumen
Data Analysis
Category Management
Supplier Relationship Management
Market Insight
Risk Management
Coaching and Mentoring
Performance Management
End-to-End Sourcing Process
Stakeholder Engagement
Cost Reduction Strategies
Project Management

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Senior Sourcing Manager position. Understand the key responsibilities and required skills, such as leading complex strategic sourcing and excellent negotiation skills.

Showcase Relevant Experience: In your application, highlight your experience in leading complex strategic sourcing and any relevant achievements. Use specific examples that demonstrate your ability to manage high-value supplier spend and deliver savings aligned with business strategies.

Emphasize Your Data-Driven Approach: Since the role requires a data-led development of sourcing and category plans, make sure to mention your experience with data analysis and how it has influenced your commercial outcomes in previous roles.

Be Authentic: Direct Line Group values authenticity. When writing your application, let your unique voice shine through. Share your genuine experiences and perspectives, especially regarding your coaching skills and how you've supported junior team members in their careers.

How to prepare for a job interview at Direct Line Insurance Group

✨Understand the Business Needs

Before the interview, take time to research Direct Line Group's business model and its procurement strategies. Be prepared to discuss how your experience aligns with their goals, especially in managing complex supplier relationships and driving value.

✨Showcase Your Negotiation Skills

Prepare examples of past negotiations you've led, particularly those that were complex or high-stakes. Highlight your approach to achieving favorable outcomes while maintaining strong supplier relationships.

✨Demonstrate Data-Driven Decision Making

Be ready to discuss how you have used data to inform your sourcing strategies in the past. Provide specific examples of how insights shaped your decisions and influenced commercial outcomes.

✨Emphasize Coaching and Mentoring Experience

Since the role involves coaching junior sourcing managers, share your experiences in mentoring others. Discuss how you set goals, manage workloads, and conduct performance reviews to support their development.

Senior Sourcing Manager
Direct Line Insurance Group
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