At a Glance
- Tasks: Manage supplier relationships and ensure effective supplier performance across global IT.
- Company: Join Hiscox, a unique international specialist insurer with a culture of innovation.
- Benefits: Enjoy hybrid working, competitive salary, and a commitment to diversity and inclusion.
- Other info: Dynamic environment with opportunities for creative thinking and career growth.
- Why this job: Make a real impact by promoting best practices in supplier management and driving continuous improvements.
- Qualifications: 5+ years in supplier management, preferably in IT, with strong relationship-building skills.
The predicted salary is between 60000 - 75000 £ per year.
The Technology Supplier Manager sits within the Procurement Team and is responsible for contributing to and executing the Technology Supplier Management strategy, promoting supplier management best practice, creating and delivering training, providing guidance and support across global IT to ensure the proactive and effective management of suppliers.
This role is also responsible for identifying and mitigating supply risks, supporting relationship owners with monitoring compliance to agreed contractual obligations or service, and maximising value from suppliers.
Key Responsibilities- Be a key contributor and subject matter expert in establishing and embedding the Supplier Management Framework.
- Develop and maintain a series of supplier management guides and templates for training and support purposes.
- Deliver/Support training across global Technology to educate Relationship Managers in best practices in order to achieve key objectives.
- Develop and standardise supplier management techniques and approaches across Technology suppliers.
- Update and maintain a supplier management register of all Technology suppliers.
- Collaborate with Relationship Managers to produce Exit Plans and other associated documents.
- Support the implementation and testing, measuring and monitoring of supplier performance via the Procurement platform (Marketplace).
- Assist Relationship Managers with key activities, including the operation of governance processes and the evaluation of supplier risks. This would include facilitation of and attendance at Quarterly Business Reviews Meetings for Tier 1 suppliers.
- Support Relationship Managers with the management of suppliers with appropriate governance measures reflecting their importance using the Hiscox governance standards/tools.
- Provide an initial escalation point for Relationship Managers for issues relating to service, scope, quality and related costs. Lead in the resolution of issues, involving other internal and external stakeholders as necessary.
- Establish and support a regular Supplier Management forum for the Relationship Managers and a Community of Practice for all interested parties.
- Achieve “win-win” solutions with the Technology suppliers that promote innovation and the delivery of continuous improvements, whilst maintaining value for the duration of the services.
- Maximise value delivered by suppliers.
- Ensure close collaboration with the Technology Category Managers in Group Procurement for a smooth transition through each stage of the procurement lifecycle.
- As a guide, 5+ years experience in a similar role. Those with less years but the right level of knowledge will naturally be considered.
- Knowledge of supplier management processes required during the supplier lifecycle.
- Experience of managing IT suppliers and working with IT Leadership teams.
- Extensive understanding and practical use of the principles used in contract and supplier management.
- Able to influence others and build working relationships with a diverse team that extends across country boundaries.
- Analytical, numerical and fact based with a delivery focus and commitment to meeting agreed timescales.
- Creative, proactive, logical and innovative – you do not accept the status quo.
- Able to build strong working relationships at both senior management and operational team level.
- MCIPS or an SRM qualification.
- Knowledge of financial or insurance industries and their regulatory requirements.
At Hiscox, we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work-life balance.
Supplier Relationship Manager employer: Hiscox
Hiscox is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Supplier Relationship Manager. With a commitment to diversity and hybrid working, employees enjoy a flexible work-life balance while being part of a dynamic team that values creative thinking and continuous improvement. The company also offers robust training and development opportunities, ensuring that employees can grow their skills and advance their careers in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Supplier Relationship Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that Supplier Relationship Manager role.
✨Tip Number 2
Prepare for interviews by researching the company and its suppliers. Understand their challenges and think about how you can add value. This will show you're not just another candidate but someone who’s genuinely interested in making a difference.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with supplier management and how it aligns with the role. Use specific examples to demonstrate your skills and achievements – this is your chance to shine!
✨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.
We think you need these skills to ace Supplier Relationship Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Supplier Relationship Manager role. Highlight your experience with supplier management processes and how you can contribute to our Technology Supplier Management strategy.
Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills align with what we’re looking for. If you’ve got experience in managing IT suppliers or working with diverse teams, let us know!
Be Authentic:We love seeing the real you! Share your passion for supplier management and how you challenge the status quo. A bit of personality goes a long way in making your application stand out.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. It’s the easiest way for us to see your application and get you on board with our amazing team!
How to prepare for a job interview at Hiscox
✨Know Your Supplier Management Framework
Familiarise yourself with the Supplier Management Framework that the company uses. Be ready to discuss how you can contribute to its establishment and embedding, as well as share any relevant experiences you've had in similar roles.
✨Showcase Your Training Skills
Since this role involves creating and delivering training, think of examples where you've successfully trained others. Prepare to discuss your approach to educating Relationship Managers on best practices and how you can support their development.
✨Demonstrate Your Analytical Skills
Be prepared to talk about your experience with supplier performance measurement and risk evaluation. Bring examples of how you've used analytical skills to drive improvements and ensure compliance with contractual obligations.
✨Build Relationships Like a Pro
This role requires strong relationship-building skills across diverse teams. Think of instances where you've influenced others or collaborated effectively, especially in cross-border contexts. Highlight your ability to create win-win solutions with suppliers.