At a Glance
- Tasks: Lead procurement excellence and data insights to optimise operations and drive innovation.
- Company: Join Tokio Marine HCC, a leading global specialty insurer with a dynamic culture.
- Benefits: Enjoy a competitive salary, great benefits, and opportunities for professional growth.
- Other info: Be part of a rapidly growing team that values creativity and transformative thinking.
- Why this job: Make a real impact in procurement while working with cutting-edge technologies.
- Qualifications: Experience in procurement governance, reporting, and process optimisation is essential.
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 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
✨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 culture. Understand their procurement processes and be ready to discuss how your skills can enhance their operations. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your experience and how it aligns with the role of Procurement Excellence and Data Lead. A confident delivery can make all the difference in leaving a lasting impression.
✨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 our team at Tokio Marine HCC.
We think you need these skills to ace Procurement Excellence and Data Lead
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 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. We love seeing how you've made an impact in previous roles.
Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your points are easy to understand. This will help us see your thought process and communication style.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details 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 systems like Coupa or emerging tech like AI chatbots. Being able to discuss these confidently will show that you're not just a candidate, but a potential expert in the field.
✨Showcase Your Data Skills
Since this role involves a lot of data reporting and insights, prepare to discuss your experience with data management. Bring examples of how you've used data to drive decisions or improve processes in previous roles. This will demonstrate your ability to add value right from the start.
✨Engage with Stakeholders
Think about how you can communicate effectively with various stakeholders. Prepare examples of how you've successfully engaged with different teams in the past. This will highlight your ability to bridge gaps between departments, which is crucial for this role.
✨Be Ready to Innovate
The job requires a mindset geared towards innovation and process improvement. Come prepared with ideas on how you would enhance procurement operations or implement new technologies. This shows that you're proactive and ready to contribute to the company's growth.
