Job Title: Procurement Excellence and Data Lead
Reporting to: Head of Procurement Operations
Direct Reports: None
Position Type: Full time, permanent (based in Bridgend, 3 days a week on-site)
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC is one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, along with a desire to grow and provide creative and innovative solutions to our clients.
About Operations
Operations sits at the heart of TMHCC, we ensure the smooth running of all business processes – from policy administration and claims handling to data, technology, and delivery. We focus on driving efficiency which enables our teams across the business to deliver exceptional results every day. Our value statement: Ops makes it happen.
Operations is made up of 7 functions, this role sits within: Procurement and Workplace Management
From identifying the scope of the goods and services required to deliver business outcomes, to negotiating pricing and managing the full lifecycle of contracts and suppliers. Procurement focuses on delivering Value For Money for the organisation. We leverage market intelligence and navigate the regulatory landscape to achieve commercial outcomes and reduce risk and complexity.
Job Purpose:
The Procurement Excellence and Data Lead will be responsible for embedding and enhancing our operating model and associated frameworks, policies and processes, ensuring alignment with evolving regulatory expectations, and best practice across the Financial Services sector.
The role will act as a subject matter expert and delivery lead for systems, automation and insights.
Key Responsibilities:
1. Engagement and Training
Support the Head of Procurement Operations in driving and communicating procurement value proposition across all levels of business and supply chain, by creating and improving collateral (intranet, playbooks, self-service guidance), and running procurement clinics and 'Lunch and Learns'
Serve as the focal point and subject matter expert for Source-to-Contract processes and queries, advising on supplier and contract onboarding and due diligence, renewals and best practices
2. Operational Excellence, Optimisation and Digitisation
Lead the Procurement Demand Management and Orchestration workflow. Understanding the intake of new initiatives and the pipeline of renewals, including scope, timelines and operational impact and enhance ways of tracking and working to decrease lifecycle.
Identify opportunities and capture requirements to improve and innovate through redesigning ways of working (e.g. increasing self service), processes, automation and insights
Act as the bridge between Procurement, IT, Architecture, Compliance, Corporate and Business to capture requirements and evaluate emerging and existing technologies (CLM systems, AI chat bots, data analytics tools and system upgrades etc)
3. Data, Reporting and Insights
Support Head of Operations and Supplier Risk Manager to oversee, manage and evolve supplier and contract master data to ensure data is routinely reviewed and maintained to mitigate risk
Own and drive creation of spend, risk and operational reporting packs and insights for executive and tactical decision making, performance tracking and value tracking
Partner with Finance, Data and Office of the COO for reporting and data standards and approach
Performance Objectives:
Proactive improvement of BAU procurement operations and reporting activities
Subject matter expertise in procurement lifecycle processes and technology
Communication and engagement with stakeholder internally across business and external suppliers
Skills and Experience Specification:
Deep understanding ofprocurement governance,oversight and technologies
Demonstrable experience in procurement reporting and insights
Proven expertise in process mapping and redesign
Strong understanding of standard (e.g. Coupa, Fusion, Ivalue etc), best of breed (Zipp etc) and emerging technologies (AI)
Ability to simplify complex frameworks and risk concepts into clear, actionable outputs
Strong delivery and result-oriented mindset in complex regulatory environments.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
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