Procurement Manager

Procurement Manager

Full-Time 50310 - 61490 £ / year (est.) No working from home possible
Oliver James

At a Glance

  • Tasks: Lead the design and implementation of a global procurement function in a dynamic insurance environment.
  • Company: Join a leading Lloyd's insurance client with a focus on innovation and strategic growth.
  • Benefits: Competitive salary, professional development, and a collaborative team culture.
  • Other info: Based in London, with 4 days in-office for a vibrant work experience.
  • Why this job: Make a significant impact on procurement strategies while working with cutting-edge technology.
  • Qualifications: Experience in technology procurement and vendor management within regulated financial services.

The predicted salary is between 50310 - 61490 £ per year.

Oliver James is searching on behalf of a leading Lloyd's insurance client to source a Procurement Manager to join the business to assist in the design, build out, and implementation of a global procurement function.

This role will work closely with the Head of Procurement to contribute to strategic vendor & commercial management, category & commercial strategy, procurement capability build and stakeholder engagement.

The role will have a strong focus on technology and data categories due to the large spend area.

  • Ideal candidates will have experience with the following
  • Working on technology and data categories
  • Experience working within Insurance companies or complex regulated financial services
  • Experience in global procurement functions
  • Preferable for experience in greenfield projects
  • Diverse experience across multiple areas including vendor management, sourcing, contract renewal / negotiation and procurement capability build.
  • CIPS qualifications preferred but not required

This role is based in London and will require in-office working 4 days a week.

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Procurement Manager employer: Oliver James

Join a leading UK life insurer that prioritises employee development and collaboration within a dynamic actuarial environment. As a Life Actuary, you'll not only enhance your technical skills in capital modelling and stress testing but also engage with senior stakeholders, contributing to impactful business decisions. With a strong focus on career growth and a supportive team culture, this role offers a unique opportunity to shape your future while making a meaningful contribution to the organisation.

Oliver James

Contact Details:

Oliver James Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Procurement Manager

Get Savvy with Industry Perks

Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!

Show Off Your Skills

Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Oliver James.

Tap into Your Network

Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!

Keep Your Eyes on Job Boards

With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!

We think you need these skills to ace Procurement Manager

Vendor Management
Sourcing
Contract Renewal
Negotiation Skills
Procurement Capability Build
Global Procurement Experience
Technology and Data Categories Expertise

Some tips for your application 🫡

Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!

Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!

Tailor Your Cover Letter to Oliver James:Your cover letter should read like you’re chatting directly to Oliver James. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!

Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Oliver James.

How to prepare for a job interview at Oliver James

Show Off Your Negotiation Skills

In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!

Know Your Tools

Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Oliver James!

Understand Market Trends

As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Oliver James. Bringing a current perspective will show your enthusiasm for the industry.

Demonstrate Your Team Player Attitude

A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Oliver James's culture.