Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage supplier relationships and ensure compliance with regulations.
- Company: Join LV=, a leading UK life and pensions mutual insurer.
- Benefits: Inclusive culture, flexible working, and recognition as a top employer.
- Other info: Dynamic role with opportunities for personal and professional growth.
- Why this job: Shape the future of financial confidence for over one million members.
- Qualifications: Experience in supplier management and strong relationship-building skills.
The predicted salary is between 50000 - 60000 £ per year.
We have a fantastic opportunity for an experienced Supplier Manager to join our established team at LV=. As a leading UK life and pensions mutual insurer with a proud history dating back to 1843, we exist to help people live financially confident lives – protecting their income while they work and maximising it when they stop. Today, over one million members and customers trust us to look after their futures, families and finances. Joining us means becoming part of a team that puts our members, customers and advisers at the heart of everything we do. We’re committed to creating an inclusive culture where colleagues can thrive.
This is a key role, where strong supplier oversight directly supports operational resilience, regulatory compliance, and long term business success. You’ll ensure robust governance, effective risk management and strong service performance, while enabling the business to operate safely, compliantly, and with confidence.
Key Responsibilities- Build and maintain strong working relationships with a portfolio of critical material suppliers, acting as the primary business interface.
- Ensure supplier arrangements remain compliant with regulatory requirements (including PRA/FCA outsourcing guidance and SS2/21).
- Maintain and renew supplier contracts, and re-negotiating pricing and commercial terms where required.
- Monitor supplier performance against SLAs, KPIs and contractual obligations, escalating and resolving any concerns as needed.
- Lead on proportionate supplier governance, including performance, risk and service review forums.
- Identify, manage and resolve supplier related risks, working closely with internal stakeholders and risk SMEs.
- Develop and maintain clear exit and contingency plans for critical supplier services.
We’re proud of our inclusive culture at LV= and, as an equal-opportunity employer, we continually work to remove unconscious bias from our recruitment process. We value our colleagues for what they bring to our team regardless of any protected status or characteristics they may have. Talk to us about flexible working as part of your application; if it’s right for you, our members and customers, and our business, then we’ll do everything we can to make it happen.
Supplier Manager in Somerset employer: LV=
Contact Detail:
LV= Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supplier Manager in Somerset
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Supplier Manager role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research LV= thoroughly, understand their values, and think about how your experience aligns with their mission. Practise common interview questions and be ready to showcase your supplier management skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s also a chance to reiterate why you’re the perfect fit for their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining LV= and being part of our inclusive culture.
We think you need these skills to ace Supplier Manager in Somerset
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Supplier Manager role. Highlight your experience in managing supplier relationships and any relevant compliance knowledge. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how you can contribute to our mission at LV=. Keep it engaging and personal – we love seeing your personality come through.
Showcase Relevant Experience: When filling out your application, be sure to showcase your experience with supplier governance and risk management. We’re keen on candidates who can demonstrate their ability to maintain strong supplier oversight and ensure compliance.
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’s super easy – just follow the prompts and you’ll be all set!
How to prepare for a job interview at LV=
✨Know Your Suppliers
Before the interview, research the key suppliers LV= works with. Understand their services, strengths, and any recent news about them. This will show your genuine interest in the role and help you discuss how you can build strong relationships with these suppliers.
✨Understand Compliance Requirements
Familiarise yourself with the regulatory requirements mentioned in the job description, such as PRA/FCA outsourcing guidance. Be prepared to discuss how you would ensure compliance and manage risks associated with supplier arrangements.
✨Showcase Your Negotiation Skills
Think of examples from your past experiences where you've successfully negotiated contracts or pricing with suppliers. Highlight your approach to maintaining strong relationships while ensuring the best terms for your company.
✨Prepare Questions About Governance
Come up with insightful questions regarding supplier governance and performance management. This demonstrates your understanding of the role's responsibilities and shows that you're proactive about ensuring operational resilience and compliance.