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 lead the development and execution of category strategies while contributing to the improvement and maturity of the procurement function.
Principal Accountabilities
Develop and deliver robust, insight-led category strategies that align with business objectives and stakeholder needs.
Lead strategic sourcing initiatives, including market analysis, supplier selection, negotiation, and contracting.
Build and maintain strong relationships with internal stakeholders to ensure procurement is embedded in planning and decision-making.
Monitor supplier performance and manage key supplier relationships to drive value and mitigate risk.
Identify and implement opportunities for cost savings, innovation, and process efficiencies.
Support the evolution of procurement policies, tools, and templates to improve consistency and compliance.
Contribute to the development of procurement capability across the team through coaching and knowledge sharing.
Collaborate with legal, finance, and risk teams to ensure contracts and procurement activities meet governance and control requirements.
Lead or support cross-functional projects that improve procurement’s contribution to strategic goals.
Skills
Proven experience in strategic procurement and category management.
Strong commercial acumen and negotiation skills.
Deep understanding of procurement governance, risk, and compliance.
Experience in leading change and contributing to functional improvement plans.
Excellent stakeholder engagement and influencing skills.
Proficiency in procurement systems and data analysis tools.
Excellent negotiating and influencing skills, at all levels
Strong commercial acumen and negotiation skills.
Deep understanding of procurement governance, risk, and compliance.
Proficiency in procurement systems (e.g., ERP, e-sourcing tools) and data analysis.
Excellent communication, stakeholder engagement, and influencing skills.
Ability to coach and mentor team members to build capability.
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. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
Lloyd's London, England Office
One Lime Street, London, United Kingdom, EC3M 7HA
