Procurement Delivery Lead | London, UK

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

Job summary

An established industry player seeks a dynamic procurement leader to drive strategic initiatives and enhance operational effectiveness. This role involves developing a best-in-class procurement function, fostering stakeholder relationships, and ensuring compliance and governance across all procurement activities. You will play a pivotal role in shaping the future of procurement, advocating for best practices, and delivering optimal value through effective supplier management. If you are passionate about procurement and ready to make a significant impact in a collaborative environment, this opportunity is for you.

Qualifications

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

Responsibilities

• Develop and lead global procurement delivery activities.
• Oversee procurement governance framework and stakeholder collaboration.
• Manage procurement projects and drive improvements.

Skills

Commercial instinct

Communication skills

Negotiation skills

Analytical skills

People Management Experience

Understanding of supply management risks

Supply management qualifications

IT skills (Excel, Word, SharePoint)

Organisational 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.