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 To support the Procurement Delivery Lead in achieving agreed objectives in line with the procurement strategy, providing a commercial procurement category management function for all spend categories with external suppliers. Principal Accountabilities

Supporting the development and delivery of category strategies Lead complex sourcing activities which generate benefits and achieve financial savings targets through insight and analysis of category and sub‑categories areas Development of savings opportunities and benchmarking of industry standards and practices to identify quick‑win opportunities Preparation of pre‑tender and tender documents in conjunction with key stakeholders Use leading practice procurement tools to develop and implement the sourcing strategies including:

Supply market positioning Supply base profiles Supplier assessment Supplier financial analysis Request For Information (RFI), Request For Proposal (RFP) Request for Quotation (RFQ) Service level agreements e‑Auctions Summary of quotations Cost analysis Objective decision making

Negotiate contractual agreements with suppliers to ensure that service, quality, added value, total cost, security of supply and the deployment of the suppliers' capabilities in innovation are secured Manage and develop supplier relationships and ongoing negotiations for the procurement category and sub‑categories Negotiation of complex contracts within a regulatory environment

Skills

Commercial Acumen Providing business partnering support across procurement related activity Influencing senior stakeholders and building collaborative sourcing plans Negotiating and influencing skills at all levels Sourcing and supplier relationship management skills

Diversity & Inclusion 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. We support workplace adjustments, offer health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment in professional development. Benefits We understand that our work/life balance is important. A hybrid working model offers flexibility. Benefits include a generous pension, healthcare, wellbeing provisions, financial support for training, education & development, a benefit allowance (for gym membership, dental insurance, extra holiday or cycle‑to‑work scheme), employee recognition scheme and various discount schemes. Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Purchasing and Supply Chain Insurance

Should you require any additional support with your application or any adjustments, please refer to the following link: https://cleartalents.com/apply/lloyds-msa1645695881 This link does not register your application for the vacancy. #J-18808-Ljbffr