Lloyd’s is the world’s leading insurance andreinsurance 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 lead the development and execution of category strategies while contributing to the improvement and maturity of the procurement function.
Principal Accountabilities
1. Develop and deliver robust, insight-led category strategies that align with business objectives and stakeholder needs.
2. Lead strategic sourcing initiatives, including market analysis, supplier selection, negotiation, and contracting.
3. Build and maintain strong relationships with internal stakeholders to ensure procurement is embedded in planning and decision-making.
4. Monitor supplier performance and manage key supplier relationships to drive value and mitigate risk.
5. Identify and implement opportunities for cost savings, innovation, and process efficiencies.
6. Support the evolution of procurement policies, tools, and templates to improve consistency and compliance.
7. Contribute to the development of procurement capability across the team through coaching and knowledge sharing.
8. Collaborate with legal, finance, and risk teams to ensure contracts and procurement activities meet governance and control requirements.
9. Lead or support cross-functional projects that improve procurement’s contribution to strategic goals.
Skills
10. Proven experience in strategic procurement and category management.
11. Strong commercial acumen and negotiation skills.
12. Deep understanding of procurement governance, risk, and compliance.
13. Experience in leading change and contributing to functional improvement plans.
14. Excellent stakeholder engagement and influencing skills.
15. Proficiency in procurement systems and data analysis tools.
16. Excellent negotiating and influencing skills, at all levels
17. Strong commercial acumen and negotiation skills.
18. Deep understanding of procurement governance, risk, and compliance.
19. Proficiency in procurement systems (e.g., ERP, e-sourcing tools) and data analysis.
20. Excellent communication, stakeholder engagement, and influencing skills.
21. Ability to coach and mentor team members to build capability.