At a Glance
- Tasks: Lead procurement excellence and data management to optimise operations and drive innovation.
- Company: Join a leading global specialty insurer with a focus on growth and creativity.
- Benefits: Competitive salary, dynamic work environment, and comprehensive employee benefits.
- Other info: Be part of a rapidly growing team with excellent career development opportunities.
- Why this job: Make a real impact in procurement while working with cutting-edge technologies.
- Qualifications: Experience in procurement processes, data management, and stakeholder engagement.
The predicted salary is between 60000 - 80000 £ per year.
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, ensuring 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.
Role Purpose and Responsibilities
Job Purpose: The Procurement Excellence and Data Lead will be responsible for embedding and enhancing our operating model and associated frameworks, policies and processes, ensuring alignment with evolving regulatory expectations, and best practice across the Financial Services sector.
- Engagement and Training: Support the Head of Procurement Operations in driving and communicating procurement value proposition across all levels of business and supply chain, by creating and improving collateral (intranet, playbooks, self-service guidance), and running procurement clinics and 'Lunch and Learns'. Serve as the focal point and subject matter expert for Source-to-Contract processes and queries, advising on supplier and contract onboarding and due diligence, renewals and best practices.
- Operational Excellence, Optimisation and Digitisation: Lead the Procurement Demand Management and Orchestration workflow. Understand the intake of new initiatives and the pipeline of renewals, including scope, timelines and operational impact and enhance ways of tracking and working to decrease lifecycle. Identify opportunities and capture requirements to improve and innovate through redesigning ways of working (e.g. increasing self service), processes, automation and insights. Act as the bridge between Procurement, IT, Architecture, Compliance, Corporate and Business to capture requirements and evaluate emerging and existing technologies (CLM systems, AI chat bots, data analytics tools and system upgrades etc).
- Data, Reporting and Insights: Support Head of Operations and Supplier Risk Manager to oversee, manage and evolve supplier and contract master data to ensure data is routinely reviewed and maintained to mitigate risk. Own and drive creation of spend, risk and operational reporting packs and insights for executive and tactical decision making, performance tracking and value tracking. Partner with Finance, Data and Office of the COO for reporting and data standards and approach.
Performance Objectives
- Proactive improvement of BAU procurement operations and reporting activities
- Subject matter expertise in procurement lifecycle processes and technology
- Communication and engagement with stakeholders internally across business and external suppliers
- Deep understanding of procurement governance, oversight and technologies
- Demonstrable experience in procurement reporting and insights
- Proven expertise in process mapping and redesign
- Strong understanding of standard (e.g. Coupa, Fusion, Ivalue etc), best of breed (Zipp etc) and emerging technologies (AI)
- Ability to simplify complex frameworks and risk concepts into clear, actionable outputs
- Strong delivery and result-oriented mindset in complex regulatory environments
Benefits and Closing: 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.
Procurement Excellence and Data Lead in Bridgend employer: Tokio Marine HCC
At TMHCC, we pride ourselves on being an exceptional employer that values innovation and employee empowerment. Our collaborative work culture fosters professional growth through continuous learning opportunities, including training sessions and workshops, while our commitment to delivering value for money ensures that every team member's contributions are recognised and impactful. Located in a dynamic industry, we offer a competitive salary and benefits package, making TMHCC a rewarding place to build a meaningful career in procurement excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Excellence and Data Lead in Bridgend
✨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 Tokio Marine HCC.
✨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 Excellence and Data Lead in Bridgend
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 Tokio Marine HCC:Your cover letter should read like you’re chatting directly to Tokio Marine HCC. 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 Tokio Marine HCC.
How to prepare for a job interview at Tokio Marine HCC
✨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 Tokio Marine HCC!
✨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 Tokio Marine HCC. 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 Tokio Marine HCC's culture.
