Procurement Business Partner

Vitality; Bournemouth; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading insurance brand in the UK is seeking a Sourcing Business Partner to lead the supplier strategy for HR and Facilities. This hybrid role combines strategic sourcing with supplier management to drive value and innovation. The ideal candidate will possess strong negotiation skills and a proven track record of savings delivery. Responsibilities include building stakeholder relationships, negotiating contracts, and managing supplier performance. Attractive benefits include a competitive salary and a bonus scheme.

Benefits

Bonus Schemes

Pension contributions up to 12%

Health insurance with rewards

Life Assurance

Qualifications

• Proven track record in a sourcing environment with savings delivery.
• Experience in negotiations with suppliers to deliver value.
• Strong understanding of contract drafting and management.

Responsibilities

• Lead sourcing and supplier strategy for HR and Facilities.
• Build relationships with stakeholders to define sourcing strategies.
• Negotiate contracts and manage supplier relationships.

Skills

Supplier negotiation skills

Relationship building with senior stakeholders

Understanding business risk

Job description

Team Sourcing

Working Pattern - Hybrid 2 days per week in the Vitality Bournemouth Office. Full time 35 hours per week. We are happy to discuss flexible working!

Top 3 skills needed for this role

• Supplier negotiation skills
• To be able to build strong relationships with senior stakeholders within a function
• Can understand the bigger picture when managing Risk to the business

What this role is all about

Join our dynamic Sourcing team and take the lead in shaping how Vitality partners with the market. As a Sourcing Business Partner (Business Services) you’ll own the end‑to‑end sourcing and supplier strategy for our People function. This will cover Human Resources and Property / Facilities delivering solutions that drive value, innovation and impact. From identifying and onboarding the right partners to managing supplier relationships and optimising spend across key categories you’ll play a critical role in ensuring Vitality gets the best from its partnerships.

Key Actions

Sourcing / Category Management

• Build strong relationships with key stakeholders to define category focused sourcing strategies
• Meet sourcing and business objectives in terms of assurance of supply quality service performance cost innovation and regulatory compliance
• Identify and deliver value through spend reduction opportunities, supplier consolidation and value‑adding activities
• Utilise existing knowledge and conduct market research to identify potential suppliers, define the preferred sourcing solution and manage any competitive (RFI / RFP) exercises to meet business and commercial requirements
• Negotiate the best deals possible with short‑listed suppliers to achieve the best value for Vitality
• Draft and implement robust contracts and service schedules with selected suppliers in order to maximise business value
• Mitigate risk with supplier onboarding and liaise with Legal as required

Supplier Management

• Provide effective management of supplier relationships within Vitality’s defined supplier management framework managing all associated risk and compliance activities driving post‑contract value and stakeholder management
• Act as an escalation point for issues with suppliers and support the business in the resolution of issues

Contract Management

• Effectively manage a portfolio of contracts via the Contract Lifecycle Management process. Identify efficiency improvements and cost savings whilst enabling the business to maintain required service levels and mitigate risk

What do you need to thrive

• Possess specific knowledge within one or more sourcing categories
• Have a proven track record in a sourcing environment with a history of savings delivery
• Have impressive experience of negotiations with suppliers to deliver value and mitigate contractual risk
• Show a broad understanding of contract drafting, service definition, performance and commercial structures
• Have a proven record of effective category management demonstrating the implementation of sourcing strategy, supplier rationalisation and supplier innovation
• Show a strong understanding of supplier management including analysis to mitigate risk through contingency planning and driving initiatives to seek greater performance
• Be able to communicate influence and network with stakeholders at all levels both internally and externally

So what’s in it for you

• Bonus Schemes – a bonus that regularly rewards you for your performance
• A pension of up to 12% – we will match your contributions up to 6% of your salary
• Our award‑winning Vitality health insurance with its own set of rewards and benefits
• Life Assurance – four times annual salary

These are just some of the many perks that we offer! To view the extensive range of benefits we offer please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!

We promise to you we will

• Help you to be the healthiest you’ve ever been.
• Create an environment that embraces you as you are and enables you to be your best self.
• Give you flexibility on how, where and when you work.
• Help you advance your career by playing to your strengths.
• Give you a voice to help our business grow and make Vitality a great place to be.
• Give you the space to try, fail and learn.
• Provide a healthy balance of challenge and support.
• Recognise and reward you with a competitive salary and amazing benefits.
• Be there for you when you need us.
• Provide opportunities for you to be a force for good in society.

About You

Ready to find out if we’re the right fit for you? We can’t wait.

About Us

We’re really excited to announce that we have recently been awarded Top 10 Best Places To Work in the Sunday Times Awards 2024!

Vitality is a multi‑award‑winning UK insurance brand here to make the world a healthier, happier place. We’ve been a purpose‑and‑values‑driven business from day 1 – long before it became fashionable. Our core purpose is to make people healthier and protect their lives. Vitality pioneered shared‑value insurance. We incentivise people to live healthier, longer lives and benefit our business, society, and them.

Plus you get to join our 1.7 million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.

Diversity & Inclusion

At Vitality we’re committed to diversity and inclusion because it’s good for our employees, our business and society. We welcome applications from individuals of all backgrounds, experiences and perspectives.

Vitality’s approach to sustainability

Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. #LI‑Hybrid

If we are fortunate in receiving a high volume of quality applications, we may need to close this vacancy early. If you are interested please submit your application as soon as possible.

Employment Type: Full‑Time

Vacancy: 1

Monthly Salary: 40,000 – 50,000