At a Glance
- Tasks: Lead procurement excellence and data insights to drive operational efficiency.
- Company: Join Tokio Marine HCC, a leading global specialty insurer.
- Benefits: Competitive salary, dynamic work environment, and growth opportunities.
- Other info: Be part of a diverse team that values creativity and transformation.
- Why this job: Make a real impact in procurement and innovate with cutting-edge technologies.
- Qualifications: Experience in procurement processes and data analysis required.
The predicted salary is between 60000 - 75000 £ per year.
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. The role will act as a subject matter expert and delivery lead for systems, automation and insights.
Key Responsibilities:
- 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. Understanding 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.
Skills and Experience Specification:
- 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.
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.
Procurement Excellence and Data Lead in London employer: Tokio Marine HCC
At Tokio Marine HCC, we foster a dynamic and inclusive work culture that prioritises employee growth and innovation. Our London-based team enjoys a competitive salary and comprehensive benefits, alongside opportunities for professional development in a rapidly evolving industry. Join us to be part of a forward-thinking organisation that values creativity and empowers its employees to make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Excellence and Data Lead in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their procurement processes and think about how your skills can add value. Tailor your answers to show you're the perfect fit for their team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Procurement Excellence and Data Lead in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Procurement Excellence and Data Lead role. Highlight your relevant experience in procurement governance and data insights, as this will show us you understand what we're looking for.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that align with the key responsibilities mentioned in the job description. This helps us see how you can add value to our team.
Be Clear and Concise:When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your achievements and how they relate to the role.
Apply Through Our Website:We encourage you to apply directly 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!
How to prepare for a job interview at Tokio Marine HCC
✨Know Your Procurement Stuff
Make sure you brush up on procurement governance and technologies. Familiarise yourself with the Source-to-Contract processes and be ready to discuss how you've used data analytics tools in your previous roles. This will show that you're not just a fit for the role, but that you can hit the ground running.
✨Showcase Your Communication Skills
Since this role involves engaging with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex procurement concepts to different audiences. This will demonstrate your ability to bridge gaps between teams and ensure everyone is on the same page.
✨Be Ready to Discuss Operational Excellence
Think about times when you've improved processes or implemented new systems. Be prepared to share specific examples of how you’ve driven efficiency and optimisation in procurement operations. Highlighting your experience in process mapping and redesign will set you apart from other candidates.
✨Prepare Questions About the Company
Research Tokio Marine HCC and come up with insightful questions about their procurement strategies and future initiatives. This shows your genuine interest in the company and the role, and it gives you a chance to assess if they align with your career goals.
