At a Glance
- Tasks: Support procurement operations by analysing data and coordinating sourcing activities.
- Company: Join Tokio Marine HCC, a leading global specialty insurer with a dynamic culture.
- Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
- Other info: Exciting pathway into wider procurement roles with a focus on IT sourcing.
- Why this job: Be at the heart of procurement, making a real impact on business efficiency.
- Qualifications: Experience in business administration and strong Excel skills are essential.
The predicted salary is between 30000 - 40000 € per year.
Direct Reports: None
Position Type: Permanent, full time
Location: Bridgend, Wales
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:
We are looking for a detail-oriented and proactive Procurement Analyst to join a growing team to provide analytical and administrative support across the indirect sourcing function. This is a varied role sitting at the heart of procurement operations, working closely with category managers and the wider business to keep sourcing activity running smoothly and efficiently.
You will be someone who takes pride in accuracy, enjoys making sense of data, and is keen to grow within a procurement environment. You don't need to have all the answers — but you'll be reliable, curious, and eager to develop your understanding of how sourcing creates value for the business.
This new position is due to the team taking on additional responsibility for Enterprise wide IT agreements executing a Global Procurement service to deliver consistent, stable and high-quality IT services and cost optimization for the entire organisation across the globe. This position offers a pathway into wider Procurement roles across Sourcing, Category Management or Operations.
Key Responsibilities:
- Maintain and analyse procurement spend data, producing regular reports and ad hoc insights to support category decision-making and Enterprise agreements
- Manage internal recharge processes for Enterprise IT agreements, ensuring accurate cost allocation across business units and resolving queries in a timely manner
- Coordinate sourcing activities and ensure timely stakeholder engagement including supporting requirements gathering and documenting outcomes
- Assist in the preparation of RFx documentation, supplier evaluations, and contract summaries
- Maintain accurate contract and supplier data to support reporting, compliance, and renewal management including the Contract Management Database and owning the Enterprise IT renewal pipelines
- Coordinate Global IT Procurement stakeholder events with Procurement and IT leaders
- Support key supplier review milestones including QBR’s
- Develop and manage key internal communication for global stakeholders
- Support onboarding of new suppliers, including due diligence coordination and system set-up
- Provide some general support to the sourcing team including meeting coordination, document management, and reporting
- Opportunity to undertake IT sourcing activity
Skills and Experience Specification:
- Previous experience in a business administration role
- Strong Excel and data skills; confident working with spend reports and cost data
- Organised and methodical, with high attention to detail
- Good communicator, comfortable liaising with stakeholders across the business
- CIPS study or interest in pursuing a procurement qualification
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.
Procurement Analyst in Bridgend employer: Tokio Marine HCC
At Tokio Marine HCC, we pride ourselves on fostering a dynamic and inclusive work environment in Bridgend, where our employees are empowered to grow and innovate. As a leading Specialty Insurer, we offer competitive salaries, comprehensive benefits, and ample opportunities for professional development within the procurement field. Join us to be part of a team that values collaboration, creativity, and commitment to excellence in delivering exceptional results.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Analyst in Bridgend
✨Tip Number 1
Network like a pro! Reach out to people in the procurement field on LinkedIn or at industry events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement processes. Show us you understand their values and how you can contribute to their goals — it’ll make you stand out!
✨Tip Number 3
Practice your data analysis skills! Since this role involves working with spend reports, being able to discuss your experience with Excel and data insights will impress potential employers.
✨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, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Procurement Analyst in Bridgend
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procurement Analyst role. Highlight relevant experience and skills that match the job description, especially your analytical abilities and attention to detail.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in the role and how your background makes you a great fit. Don’t forget to mention your enthusiasm for procurement and data analysis.
Showcase Your Data Skills:Since this role involves a lot of data analysis, be sure to showcase your Excel and data management skills. Mention any specific projects or experiences where you've successfully worked with data to drive decisions.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people!
How to prepare for a job interview at Tokio Marine HCC
✨Know Your Numbers
As a Procurement Analyst, you'll be dealing with data and spend reports. Brush up on your Excel skills and be ready to discuss how you've used data to drive decisions in the past. Prepare some examples of how you've analysed procurement spend data or managed cost allocations.
✨Understand the Role
Familiarise yourself with the key responsibilities outlined in the job description. Be prepared to explain how your previous experience aligns with tasks like coordinating sourcing activities or preparing RFx documentation. Show that you understand what it takes to deliver value for money.
✨Communicate Effectively
This role requires liaising with various stakeholders, so practice articulating your thoughts clearly. Think about how you can demonstrate your communication skills during the interview, perhaps by discussing a time when you successfully engaged with different teams to achieve a common goal.
✨Show Your Curiosity
The company values individuals who are eager to learn and grow. Prepare questions about the procurement process at Tokio Marine HCC and express your interest in pursuing a procurement qualification. This will show your enthusiasm for the role and your commitment to professional development.
