Procurement Manager

Tesco Insurance & Money Services; City of Edinburgh; Hybrid; GBP 50,000 - 60,000; Full time

Job summary

A leading insurance firm in Edinburgh seeks a Procurement Manager for a 12-month contract to manage sourcing activities across IT and non-IT services. The role involves engaging with stakeholders, negotiating complex agreements, and ensuring compliance while delivering high savings targets. Ideal candidates will have procurement experience and excellent stakeholder engagement skills. This position offers a hybrid work environment with competitive benefits including private medical insurance and an annual bonus.

Benefits

Private Medical Insurance

Performance related annual bonus

Generous holiday allowance

Employee discount on products

Ongoing learning opportunities

Qualifications

• Previous experience in Procurement ideally in a related field.
• Experience in a transformation program involving mergers or new organization setups.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Align procurement activities with the transformation program.
• Engage stakeholders to drive cost efficiencies and strategic value.
• Manage supplier relationships ensuring compliance with requirements.

Skills

Negotiation skills

Stakeholder engagement

Commercial acumen

Cross-functional working

Adaptability

Education

Experience in Procurement

CIPS qualified

Job description

Tesco Insurance • Edinburgh - 2 South Gyle Crescent, Edinburgh, EH12 9FQ • Apply by 31-Oct-2025
About the role

Serving our customers, communities, and planet a little better every day.
Salary - from £50,240 + annual bonus & benefits
Work Level - 2
Location - Edinburgh
Fixed Term Contract - 12 months
Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh 2 days per week for this position.
Closing Date - Applications close Friday 3rd October 2025.

We deal in the personal - from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for. And that means we always work with heart. Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do.

Tesco Insurance & Money Services (IMS), we are undergoing an exciting transformation program, setting up our new organisation to drive innovation and efficiency. Procurement plays a crucial role in shaping this transformation, ensuring we have the right suppliers, contracts, and strategies to support our evolving business.

We're looking for a Procurement Manager to join our Insurance Money and Services team on a 12-month Fixed Term Contract. Please note at Tesco Insurance and Money Services this role is known as a Procurement Manager. This is a dynamic, fast-paced role that requires strong procurement expertise, adaptability, and the ability to manage multiple priorities simultaneously.

This is a broad, hands-on role for a procurement generalist who can confidently manage sourcing activity across both IT and non-IT services. As a Procurement Manager covering a broad range of services across both IT and non-IT categories, you'll be expected to negotiate complex supply agreements for the delivery of technology, professional services, and operational support. This includes (but isn't limited to) IT hardware and software, business support services, facilities, and other operational needs across Insurance & Money Services sites in the UK. You'll work with stakeholders from technology, operations and other business areas to deliver value, negotiate complex agreements and build strong supplier relationships that support our transformation.

You'll be provided with the opportunity to work on some of the biggest contracts for the business, which shape the future of the Technology Insurance and Money Services. We're looking for someone to support Tesco Group stakeholders, by negotiating commercial and legal terms with new and incumbent suppliers and managing supplier relationships.

You'll be challenged in this role due to the fast and exciting pace and the role you'll play in closing out key contracts/agreements that make a difference for our customers and colleagues.

Our Procurement colleagues enjoy that they are accountable for leading their category and are given the opportunity to work with senior stakeholders across the business. Our colleagues also enjoy the fact that we work closely with our Technology colleagues and are viewed as an extension of their team.

What you'll be doing

• Aligning procurement activities with the transformation program, ensuring supplier agreements and contract dates support the overall strategy.
• Engaging with stakeholders across Tesco Group, leveraging group-wide contracts to drive cost efficiencies and strategic value.
• Managing supplier relationships, ensuring compliance with regulatory and business requirements.
• Supporting the procurement team with procurement activities, including contract administration, tracking, and reporting to maintain governance and efficiency.
• Build stakeholder engagement and proactively collaborate with various cross functional stakeholders to deliver procurement activities.
• Delivering high savings targets through implementation of robust sourcing events, ensuring that suppliers meet all operational requirements whilst providing best value for Tesco Insurance and Money Services.
• Consistently track and report on savings targets for project using the agreed process.
• Using sound judgement build new and develop existing supplier relationships to ensure continued suitability and create greater value across the organisation.
• Support the business to achieve compliance with legal, ethical, and social procurement policies with integrity and good judgement.

We need you to have

• Previous experience in Procurement ideally in a related field.
• Experience working in a transformation program, particularly in environments involving mergers, acquisitions, or the setup of a new organisation.
• Excellent stakeholder engagement skills, with experience collaborating across multiple teams and business functions.
• A proactive, self-sufficient approach, with the ability to take ownership, drive initiatives, and work independently without the need for constant direction.
• Ability to manage multiple priorities in a fast-paced, evolving environment, ensuring procurement activities align with the organisation's strategic objectives
• Cross functional working and stakeholder engagement.
• Strong negotiation skills and commercial acumen.
• Knowledge of Supplier relationship and performance management.
• Category Planning experience.

And if you have any of these, even better

• CIPS qualified.
• Experience in IT and software Industry.
• Experience working inside a large corporate entity with global reach.
• We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us.

What's in it for you?

• Private Medical Insurance (WL2+), critical illness cover and virtual GP Service for you and your family 365 days a year.
• Performance related annual bonus.
• Green Car Leasing Scheme.
• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we'll give you a second card to share with someone else.
• A place to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want.
• Take part in our Buy as you Earn and Save as your Earn share schemes.

Everyone's welcome

We want all our colleagues to always feel welcome and be themselves. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

Why Tesco Insurance and Money Services?

Seeing your impact all around you: there's no better feeling.

Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.

We deal in the personal - from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you've worked hard for.

Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.

So, if you want a career where you can do good and feel good, you've found it.

Let's make everyday a little better.

Our story

Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.

We began life in 1997 and now help more than 2 million customers protect what matters to them.

We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.

Delivering great customer service means having great people behind the scenes - people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!