Procurement Manager

Royal London Mutual Insurance Society; Alderley Edge; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

Join Royal London as a Procurement Manager, where you will lead sourcing activities within Professional Services. This hybrid role involves engaging with various stakeholders and driving strategic value while ensuring ethical practices. With significant annual leave and a robust employee benefits package, you can thrive in an inclusive workplace committed to diversity.

Benefits

28 days annual leave plus bank holidays

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• 5 years+ experience in category management and strategic sourcing.
• Proven experience across Professional Services, ideally in Finance / Asset Management sector.
• Ability to build and maintain effective business relationships.

Responsibilities

• Lead sourcing activity within the Professional Services category.
• Create opportunities to drive down costs and mitigate risks.
• Negotiate contracts and sourcing arrangements up to £5m.

Skills

Negotiation skills

Interpersonal skills

Commercial acumen

Analytical skills

Planning and organisational skills

Education

Degree

CIPS qualified

Job description

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Contract Type: Permanent

Location: Alderley Edge, London or Edinburgh

Working style: Hybrid 50% home/office based

Closing date: 03/06/2025

We are seeking a Procurement Manager to join our high performing team and lead sourcing activity within the Professional Services category across the Royal London Group.

Taking a Category Management approach, this role will identify strategic opportunities to drive down costs in delivering third-party services, mitigate risk, and improve service performance in third-party relationships.

Acting as a trusted procurement business partner, this role will engage directly with a wide range of internal and external senior stakeholders, ensuring that Procurement collaboratively delivers innovation, value, strategic thinking, and fit for purpose customer focused solutions that are aligned to Royal London's Purpose and strategy outcomes.

About the role
• Commercial leadership for medium spend, medium risk sourcing and contracts across the Professional Services category, with a principal focus on Consultancy.
• Working under the direction of the Senior Strategic Procurement Manager for Professional Services and Major Projects to lead and support specific projects and sourcing activity across all three business units.
• Responsible for creating new opportunities across third party spend that drives down cost and risk and delivers value to the business, at pace.
• Lead negotiator to contracts and sourcing arrangements up to £5m in value.
• Design, lead and implement category market leading sourcing arrangements for designated spend category. Technical market expertise across Professional Services.

About you
• Proven experience in category management and strategic sourcing, especially across Professional Services and ideally within the Finance / Asset Management sector.
• Excellent interpersonal and influencing skills, ability to build and maintain effective business relationships (internal and external)
• Results focussed team player
• Proven negotiation skills and comprehensive knowledge of contract law
• Strong commercial acumen analytical skills - a strong attention to detail and capability to see, assess and mitigate commercial risks
• Proven planning and organisational skills; a completer finisher
• Ability to manage a variety of projects simultaneously
• Represent the team in a wholly professional and ethical manner
• Degree and CIPS qualified, 5 years+ experience

About Royal London

We're the UK's largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.