Procurement Delivery Lead

Lloyd's; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

Join a forward-thinking company as a leader in global procurement. This role focuses on maximizing efficiency and delivering value through strategic sourcing and supplier management. You'll be at the forefront of transforming procurement practices, advocating for best practices, and building collaborative relationships across departments. The company values diversity and inclusion, offering a supportive environment where your contributions can thrive. With a flexible hybrid working model and a comprehensive benefits package, this position is perfect for those looking to make a significant impact in a dynamic industry.

Benefits

Generous pension

Healthcare

Wellbeing programmes

Diversity and inclusion training

Employee recognition scheme

Flexible benefits allowance

Professional development investment

Qualifications

• Experience in procurement operations and vendor management.
• Strong negotiation and analytical skills are essential.

Responsibilities

• Lead global procurement delivery activities to maximize effectiveness.
• Develop procurement governance framework and oversee key projects.

Skills

Commercial instinct

Communication skills

Negotiation skills

Analytical skills

People Management

Supply management qualifications

IT skills (Excel, Word, SharePoint)

Organizational skills

Ability to multitask

Teamwork

Education

Supply management qualifications

Tools

Excel

Word

SharePoint

Job description

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

The Role

This role is responsible for developing and leading all global procurement delivery activities in order to maximise effectiveness, drive efficiencies and deliver value from all procurement operational requirements across the Corporation and Market. This role is also responsible for evolving best practices and transforming the organisation from one that is often still locally driven, to one that is led by a Procurement centre of excellence.

Principal Accountabilities

• Support the Head of Procurement with the continued development of a best in class global strategic procurement function with the long-term vision to deliver an effective and sustainable approach to all third-party sourcing and supplier management, while achieving maximum value, minimising risk and driving efficiencies to invest in the future.
• Support the Head of Procurement to define and deliver Group Procurement’s strategic growth plans; reporting and monitoring progress against these priorities.
• Develop and deliver the core operating model for procurement delivery at Lloyd’s; including effective communication of the vision, strategy and business plans to all internal and external stakeholders.
• Corporate advocacy of procurement operational practices through relationship building, resolute delivery and effective communication to ensure procurement delivery is a core strategic requirement.
• Responsible for development and oversight of the procurement governance framework, including departmental policies, central and local controls, third party risk and performance and regulatory compliance.
• Oversee the establishment and development of collaborative stakeholder and global strategic procurement operations to maximise Lloyd’s influence and to develop and implement procurement initiatives that deliver optimal value and ensure that the quality of service provision is consistently managed and challenged.
• Oversee delivery of key procurement projects and responsible for identifying opportunities to drive improvements.
• Oversee delivery of Lloyd’s critical and strategic procurement tools.
• Escalation and issues management, interpretation and dispute resolution at a senior level.
• Establish and develop cross-functional working enablement between Procurement, Risk, Compliance, Legal, Finance and Operations functions.
• Oversee the production of regular management information for senior management and risk committees.

Skills

• Strong commercial instinct and communication skills.
• Negotiation and analytical skills.
• People Management Experience.
• Understanding of risks and issues that impact the supply management process.
• Attainment of supply management qualifications.
• Strong IT skills, in particular Excel, Word and SharePoint.
• Organisational skills and ability to multitask.
• The ability to work independently and as part of a team.

Experience

• Experience within procurement operations.
• Vendor and contract management experience.
• Demonstrable record of building and implementing strategy and change (ability to make things happen, mobilise and motivate).
• Demonstrable commercial awareness and experience.
• Significant business partnering experience and a track record of innovation & influencing.
• Management of third parties and internal stakeholders.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link:

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy.