Lloyd's Logo

Lloyd's

Procurement Manager

Posted 4 Days Ago
Be an Early Applicant
In-Office
London, England, GBR
Senior level
In-Office
London, England, GBR
Senior level
Lead procurement category strategies across indirect spend, run sourcing (RFIs/RFPs/tenders), negotiate contracts, manage supplier performance, embed sustainability and risk management, and improve procurement processes while partnering with stakeholders to deliver commercial value.
The summary above was generated by AI

Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.


Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of.


How we deliver this, matters. We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.

Procurement Manager

Make the market better. It starts with you.

At Lloyd’s, we’re the world’s leading insurance and reinsurance marketplace. We bring together the best minds in risk to help businesses, communities and economies move forward.

We’re looking for a Procurement Manager to help us get the best from the suppliers, services and partnerships that support Lloyd’s. You’ll play a key role in shaping procurement category strategies, delivering commercial value and helping us build a procurement function that’s focused, trusted and fit for the future.

This is your opportunity to influence how we buy, how we partner and how we deliver value across Lloyd’s.

What you’ll be doing

You’ll support the Chief Procurement Officer and wider Procurement team to deliver our procurement strategy across indirect spend categories. You’ll work closely with stakeholders across the business, using insight, data and market knowledge to shape sourcing decisions and supplier relationships.


  • Develop and deliver category strategies that support Lloyd’s commercial goals and wider business priorities.
  • Analyse spend, supplier markets and cost drivers to identify opportunities for value, savings and better performance.
  • Lead sourcing activity, including RFIs, RFPs, RFQs, tenders, supplier assessments and contract negotiations.
  • Build strong supplier relationships and manage performance across cost, service, quality and innovation.
  • Work with internal teams to prepare tender documents, shape requirements and support confident decision-making.
  • Help embed sustainability, risk management and good governance throughout the procurement process.
  • Support improvements to procurement processes, systems and ways of working.
  • Keep stakeholders informed, involved and confident in procurement decisions.

What you’ll bring

We’re looking for someone with strong procurement experience, sound commercial judgement and the confidence to work with a wide range of stakeholders. You’ll be comfortable using data to make decisions, negotiating with suppliers and helping others adopt new ways of working.


  • Relevant procurement experience, ideally with category management responsibility.
  • Strong knowledge of commercial contracts and supplier negotiations.
  • Experience in sourcing, business partnering and third-party management.
  • Strong analytical skills, with the ability to turn insight into action
  • Confidence influencing stakeholders at different levels.
  • Good planning, organisation and project management skills.
  • Strong working knowledge of Microsoft Word, Excel and PowerPoint.
  • A practical, collaborative approach to solving problems and delivering results.

It would also be useful if you have experience delivering a new procurement strategy, managing procurement in a complex organisation, or a CIPS qualification. But if you don’t meet every point, we’d still like to hear from you.

Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact.
We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.

We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.

We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‑to‑day — not just talked about.

We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.

Should you require any additional support with your application, or any adjustments, please click the following link;


https://urldefense.com/v3/__http:/ctir.cleartalents.com/apply/experiencedhires__;!!BHksnLxjsWnPVFM!Zw-sfFLbBNwtuHUIxAmJhLtq95RHC4LwVQ7lnk_w-3aFwpTfsLqE3qds0B5si5JOpqnfgYCoarWa3kTt1ET-Wfj94vZY_A$


Please note, clicking on this link does not register your application for the vacancy
HQ

Lloyd's London, England Office

One Lime Street, London, United Kingdom, EC3M 7HA

Similar Jobs

4 Days Ago
Hybrid
Mid level
Mid level
Digital Media • Gaming • Software • Esports • Automation
Own and manage key supplier relationships, negotiate high-value contracts and SLAs, drive strategic sourcing and cost-saving initiatives, evaluate supplier performance, mitigate supply chain risks, maintain contract records, and resolve escalated supplier issues to ensure commercial value and operational continuity.
Top Skills: Proactis
2 Days Ago
Hybrid
Senior level
Senior level
Greentech • Utilities • Industrial
Lead end-to-end procurement, inventory and logistics for Cathelco Limited. Develop sourcing strategy, manage supplier relationships and contracts, optimise inventory and transport, ensure import/export compliance, drive cost and service improvements, and lead the Supply Chain team while reporting to the Managing Director.
Top Skills: CathelcoErpEvacHemImport/Export RegulationsIncoterms 2020Transvac
4 Days Ago
Hybrid
London, Greater London, England, GBR
Mid level
Mid level
Energy
Manage the UK flex power procurement portfolio and customer accounts: execute trading positions, produce daily/monthly market reports, negotiate and deliver power pricing and contracts, support sales/renewals and product development, liaise with analytics and suppliers, validate invoices, resolve queries, and help scale procurement offerings internationally while improving processes and tools.
Top Skills: ExcelPowerPoint

What you need to know about the London Tech Scene

London isn't just a hub for established businesses; it's also a nursery for innovation. Boasting one of the most recognized fintech ecosystems in Europe, attracting billions in investments each year, London's success has made it a go-to destination for startups looking to make their mark. Top U.K. companies like Hoptin, Moneybox and Marshmallow have already made the city their base — yet fintech is just the beginning. From healthtech to renewable energy to cybersecurity and beyond, the city's startups are breaking new ground across a range of industries.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account