Strategic Procurement Manager

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Date: 24-Nov-2022

Location: Macclesfield, GB Edinburgh, GB Glasgow, GB

Company: Royal London Group

Job Title: Strategic Procurement Manager

Contract Type: Permanent

Location: Nether Alderley, Edinburgh or Glasgow

Closing date: 30th November 2022

 

At Royal London we believe your difference is our strength and our organisation benefits from the different perspectives that diversity brings. Studies have shown that people from under-represented groups are less likely to apply unless they meet every requirement. So, if you’re excited about this role but your past experience isn't a perfect fit with the job description, we encourage you to apply anyway as you may be the right candidate for this or other opportunities.

 

About the role

We have an exciting opportunity for someone to join a team shortlisted for the CIPS Procurement Team of the Year Award 2021. We have delivered on our 3 year transformation plan, now the focus is on driving further value from deeper supplier relationships and enabling the business to make the shift in to digital customer communications whilst increasing customer engagement and advocacy.

 

Within this role you will be responsible for driving the fullest overall commercial value, in collaboration with the business, from key third party facing procurement opportunities, suppliers and contracts specifically within our Brand and Marketing function. You can be based at Nether Alderley, Edinburgh or our Glasgow office

 

Key responsibilities

  • Drive and develop supplier relationships to unlock a deeper value, understanding supplier capability and building out mutually agreed long term plans
  • Negotiate and draft contract agreements to achieve the delivery of significant annual cost reduction and cost avoidance benefit
  • Involvement in bids and tendering activity
  • Implement robust procurement processes and controls
  • Identify opportunities and risks and ensure these are documented
  • On-going pro-active review of existing category arrangements

 

Criteria

  • Experience in total cost analysis / cost to serve analysis
  • Strategic mindset to join the dots to unlock greater value
  • Demonstrable experience across procurement and supplier management, preferably within the financial sector
  • Brand and Marketing experience, perhaps in print, digital marketing and/or marketing technologies
  • Strong knowledge of commercial models and approaches/techniques necessary to achieve best in class procurement deals
  • Proven ability to achieve substantial cost benefit
  • Proven negotiation skills and comprehensive knowledge of contract law

 

What we offer

We've always been proud to reward our employees by offering a number of great benefits including:

  • A generous group pension scheme (up to 14% matching employer contribution)
  • 28 days annual leave plus bank holidays with the option to buy/sell up to 5 days
  • Annual company and performance based bonus
  • Life assurance (up to 8 x annual salary)
  • Enhanced parental leave policies
  • Private medical insurance
  • Employee Assistance Programme - Access 24/7 to confidential health, legal & financial advice

Full details can be found on our benefits page

 

About Royal London

Royal London is the largest mutual life insurance, pensions and investment company in the UK.  Since its foundation 160 years ago, Royal London has supported millions of people to protect and provide for themselves and their families.

 

At Royal London, our People Promise is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This promise has been at the heart of our approach to hybrid working, ensuring a balance of time working in our offices, supporting the culture of collaboration and inclusion and some working time from home, so we can all continue to benefit from the flexibility this brings. Our hybrid working approach is built around our mutual mindset, thinking about what is good for us as individuals (the ‘me’) and in the context of what is right for our customers, our colleagues and The Royal London group (the ‘we’). Together we belong - collaborate – learn and perform.

 

Our expectation is that colleagues working in hybrid roles will come into the office for 50% of their time, and the rest from home. We want to be as consistent as we can with our approach but we also appreciate some colleagues need adjustments based on personal circumstances. (e.g. to support a disability, or caring responsibility) and / or may wish to formally seek a flexible working pattern in line with our flexible working policy.

 

We appreciate the world of work continues to evolve and we will continue to listen to our colleagues views on this whilst ensuring our on-going approach is right for our business and customers

We are an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.


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