At a Glance
- Tasks: Lead procurement processes and manage vendor relationships in a global insurance company.
- Company: Join a forward-thinking global insurance organisation with a strong presence worldwide.
- Benefits: Competitive salary, benefits package, and opportunities for personal development.
- Other info: Collaborative team culture with a focus on innovation and continuous learning.
- Why this job: Drive process improvements and influence commercial outcomes in a dynamic environment.
- Qualifications: 8+ years in contract and vendor management, ideally in financial services.
The predicted salary is between 60000 - 75000 £ per year.
Your new company is a global Insurance organisation with a strong presence across Europe, Asia, Australia, and North America. Known for its innovative approach to risk management and long-term thinking, the company combines over a century of financial strength with a forward-thinking culture. It values diversity, inclusion, and continuous improvement, and is committed to supporting its people with the tools and environment they need to thrive.
Your new role involves joining the Global Procurement Services team based in London as a Procurement and Vendor Manager. You will take ownership of the end-to-end procurement process, manage vendor relationships, and ensure contracts align with business goals. Your responsibilities will include:
- Negotiating contracts
- Issuing RFPs
- Monitoring vendor performance against SLAs and KPIs
- Collaborating with legal, risk, and finance teams to ensure compliance
This is a dynamic role offering the opportunity to drive process improvements and influence commercial outcomes.
What you'll need to succeed:
- 8+ years of experience in contract and vendor management, ideally within financial services
- Strong expertise in contract negotiation, vendor lifecycle management, and stakeholder engagement
- Excellent analytical, problem-solving, and decision-making skills
- High attention to detail and the ability to manage multiple priorities in a fast-paced environment
- Desirable: industry certifications (e.g., IACCM, CIPS) and experience in the reinsurance sector
What you'll get in return is a competitive salary + benefits package, joining a collaborative and inclusive team of 4 and the opportunity to work with global teams on high-profile projects. You will be joining a company culture that values innovation, flexibility, and continuous learning with many supportive opportunities for personal development and career progression.
If you're interested in this role, please contact me directly via email or call us now. Please only apply if you have checked the boxes above to a high degree.
Procurement & Vendor Manager in London employer: Hays Specialist Recruitment Limited
As a leading global insurance organisation, this company offers an exceptional work environment in London, characterised by a commitment to diversity, inclusion, and continuous improvement. Employees benefit from a competitive salary and comprehensive benefits package, alongside opportunities for personal development and career progression within a collaborative team that values innovation and flexibility.
Contact Details:
Hays Specialist Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Procurement & Vendor Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement and vendor management space. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their procurement processes and recent projects. This will help us tailor your responses and show them you’re genuinely interested in their innovative approach to risk management.
✨Tip Number 3
Practice your negotiation skills! Since this role involves contract negotiations, consider role-playing scenarios with a friend or mentor. We want you to feel confident and ready to showcase your expertise when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’ve got loads of resources to help you shine during the interview process. Let’s get you that Procurement & Vendor Manager role!
We think you need these skills to ace Procurement & Vendor Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Procurement & Vendor Manager. Highlight your experience in contract negotiation and vendor management, and don’t forget to sprinkle in those industry certifications if you have them!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for procurement and how your skills align with the company’s innovative culture. Keep it concise but impactful.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your analytical and problem-solving skills. Numbers and results speak volumes, so don’t shy away from sharing your successes!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for this exciting opportunity in our global team!
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around contract negotiation and vendor management. Familiarise yourself with the latest trends in the financial services sector, as this will show your potential employer that you're not just experienced but also up-to-date.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve problems or improve processes. Think about times when you monitored vendor performance against SLAs and KPIs, and be ready to share how you made decisions based on data.
✨Engage with Stakeholders
Since stakeholder engagement is key in this role, come prepared with examples of how you've successfully collaborated with different teams. Highlight your communication skills and how you’ve managed relationships to achieve common goals.
✨Demonstrate Attention to Detail
In a fast-paced environment, attention to detail is crucial. Be ready to discuss how you manage multiple priorities without compromising quality. You might want to share a story where your meticulousness led to a successful outcome in a project.
