At a Glance
- Tasks: Manage procurement and sourcing for technology, driving strategic initiatives and negotiations.
- Company: Join Legal & General, a leading UK financial services group with a global impact.
- Benefits: Enjoy competitive salary, performance bonuses, generous holidays, and a healthcare plan.
- Other info: Flexible working with a mix of office and remote days, plus career growth opportunities.
- Why this job: Be part of a transformative team that shapes the future of procurement in tech.
- Qualifications: Experience in technology procurement and strong negotiation skills required.
The predicted salary is between 60000 - 75000 £ per year.
About Legal & General
Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, striving to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.
We’re recruiting a Sourcing Manager to join our Technology team with knowledge and experience of Technology and Outsourcing procurement. The role is part of the Group Procurement team’s 3‑year transformation strategy launched in 2023. We are looking for a Sourcing Manager who brings experience and knowledge, can work flexibly, and will prioritise engagement and collaboration with our L&G colleagues to ensure great business partnering and deliver the best outcomes. A typical working week is two days in an office and three days at home.
What you’ll be doing
- Managing a variety of procurement/sourcing engagements
- Leading and conducting sourcing activities and negotiations for renewals, in‑life negotiations and new supplier engagements ensuring relevant control and governance requirements are met
- Collaborating with senior stakeholders and cross‑functional teams to drive strategic procurement initiatives
- Monitoring adherence to established contracts and realising savings, collaborating with contract management and supplier relationship management (SRM) teams as required
- Actively identifying and leading opportunities to drive value and improve performance of potential supply base while seeking to reduce cost and risk and improve performance and value
- Supporting the development and implementation of procurement strategies
- Ensuring all contracting and commitment to spend is undertaken and governed in accordance with procurement policies and procedures
- Contributing to the continuous improvement of procurement processes and tools
- Providing guidance and support to junior team members
- Participating in the transformation and optimisation of supply spend
Qualifications
- In‑depth knowledge of technology category management, sourcing execution and using procurement technology
- Experience of undertaking and managing activities and negotiations in a regulated environment
- Good knowledge of contracting principles and associated legal frameworks, understanding of spend categories, financial models, regulatory landscape, and impact on commercial agreements; working knowledge of Master Services Agreements is essential
- Solid knowledge of tools and techniques to execute strategic sourcing (e.g., RFI and RFP processes, spend analytics, e‑RFQ tools, etc.)
- Adaptable, collaborative and able to drive good business outcomes
- Willingness to learn and drive for continuous improvement
- Strong judgement, communication and influencing skills
- Excellent oral and written skills
Benefits
- Annual performance‑related bonus plan and share schemes
- Generous pension contribution
- Life assurance
- Healthcare plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service; option to buy and sell holiday
- Competitive family leave
- Electric car scheme (permanent employees only)
- Discounts on our own products and at a range of high street stores and online
- Net‑zero carbon workplaces by 2030 – investment in sustainable modern offices across the UK
Technology Sourcing Manager – Procurement employer: Legal & General
Legal & General is an exceptional employer, offering a dynamic work culture that prioritises collaboration and engagement within its Technology team. With a strong focus on employee growth through a comprehensive transformation strategy, staff enjoy flexible working arrangements, generous benefits including a competitive pension scheme and healthcare plan, and the opportunity to contribute to sustainable practices in modern offices. Join us to be part of a leading financial services group dedicated to safeguarding futures while fostering a supportive and innovative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Technology Sourcing Manager – Procurement
✨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. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. We want you to show them that you’re not just a fit for the role, but for the team too!
✨Tip Number 3
Practice your negotiation skills! As a Sourcing Manager, you’ll need to demonstrate your ability to negotiate effectively. Role-play with a friend or use online resources to sharpen those skills before your interview.
✨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 are proactive and engaged with our brand.
We think you need these skills to ace Technology Sourcing Manager – Procurement
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Technology Sourcing Manager role. Highlight your experience in technology procurement and any relevant achievements that showcase your skills in sourcing and negotiations.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to demonstrate your understanding of our business and how your background aligns with our goals, especially in driving strategic procurement initiatives.
Showcase Your Collaboration Skills:Since this role involves working closely with senior stakeholders and cross-functional teams, make sure to highlight examples of successful collaboration in your application. We love seeing how you can engage and partner with others!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Legal & General.
How to prepare for a job interview at Legal & General
✨Know Your Procurement Stuff
Make sure you brush up on your knowledge of technology category management and sourcing execution. Familiarise yourself with procurement technology and be ready to discuss how you've successfully managed negotiations in a regulated environment.
✨Show Off Your Collaboration Skills
This role is all about working with senior stakeholders and cross-functional teams. Prepare examples of how you've engaged with different departments to drive strategic procurement initiatives and achieved great business outcomes.
✨Understand the Legal Framework
Get a good grasp of contracting principles and the legal frameworks that come into play. Be prepared to talk about your experience with Master Services Agreements and how you've navigated complex commercial agreements in the past.
✨Be Ready for Continuous Improvement
Demonstrate your willingness to learn and drive for continuous improvement. Think of specific instances where you've identified opportunities to enhance procurement processes or tools, and be ready to share those insights during the interview.
