At a Glance
- Tasks: Manage procurement processes and vendor relationships to drive business success.
- Company: Global insurance leader known for innovation and a supportive culture.
- Benefits: Competitive salary, inclusive team, and opportunities for personal development.
- Other info: Flexible work environment with excellent career progression opportunities.
- Why this job: Join a dynamic team and influence high-profile projects globally.
- Qualifications: 8+ years in contract management with strong negotiation skills.
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 City of London employer: Hays
Join a global insurance organisation renowned for its innovative approach and commitment to diversity and inclusion. As a Procurement & Vendor Manager in London, you'll thrive in a collaborative environment that prioritises continuous improvement and personal development, offering you the chance to influence high-profile projects while enjoying a competitive salary and benefits package.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement & Vendor Manager in City of 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 those interviews by researching the company inside out. Understand their procurement processes and recent projects. We want you to show them you’re not just another candidate; you’re the one who can drive improvements and influence outcomes!
✨Tip Number 3
Practice your negotiation skills! Since this role involves contract negotiations, we suggest you role-play with a friend or mentor. Get comfortable discussing terms and conditions, so you can 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 love seeing candidates who take the initiative to engage directly with us. Let’s get you that Procurement & Vendor Manager role!
We think you need these skills to ace Procurement & Vendor Manager in City of 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 tell us why you're the perfect fit for our team. Mention specific examples from your past that demonstrate your analytical skills and ability to manage multiple priorities.
Showcase Your Achievements:When detailing your experience, focus on achievements rather than just responsibilities. Use metrics where possible to show how you've improved processes or driven commercial outcomes in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role as quickly as possible!
How to prepare for a job interview at Hays
✨Know Your Procurement Stuff
Make sure you brush up on your procurement and vendor management knowledge. Understand the end-to-end procurement process, and be ready to discuss your experience with contract negotiations and vendor performance monitoring. This will show that you're not just familiar with the role but are genuinely passionate about it.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving abilities. Think of specific situations where you've used data to make decisions or improve processes. This is crucial in a fast-paced environment, and demonstrating this skill can set you apart from other candidates.
✨Engage with Stakeholders
Be ready to talk about your experience in stakeholder engagement. Share stories about how you've collaborated with different teams, like legal or finance, to ensure compliance and drive successful outcomes. This shows that you can work well in a team and understand the importance of cross-functional collaboration.
✨Emphasise Continuous Improvement
Since the company values innovation and continuous improvement, come prepared with ideas on how you could drive process improvements in the procurement function. This could be anything from streamlining vendor management to enhancing contract negotiation strategies. It demonstrates your forward-thinking mindset and commitment to growth.
