Overview

Job Title : Procurement and Vendor ManagerRole : We are currently seeking to recruit a Procurement and Vendor Manager to join our Global Technology Services (GTS) team in London. This role involves commercial management of projects, monitoring third party performance, negotiating contracts, and mitigating risks. The Procurement and Vendor Manager is responsible for managing contracts and relationships with third party vendors to ensure compliance, cost efficiency and alignment to the business objectives.

Responsibilities

Oversee the end-to-end procurement process, from requisition to paymentDevelop, issue and manage Requests for Proposal (RFPs)Develop, review, negotiate and manage vendor contracts in accordance with company policiesEnsure contract terms align with business objectives and mitigate risks effectivelyWork closely with business teams to understand the appropriate terms and conditions of contractsEnsure that contract requirements are resolved in appropriate timeframesCollaborate effectively with legal, risk and finance teams to ensure compliance to company policy and proceduresContinuous review and monitoring of contract changes and identify gaps and improvement opportunitiesMonitor vendor performance against SLAs and KPIsConduct regular vendor reviews to ensure adherence to contract terms and company guidelinesBuild strong relationships with vendors to enhance service quality, cost effectiveness and continuous improvementDrive process improvements to enhance operational efficiencies and reduce vendor related risksUndertake other responsibilities as required for the proper performance of the role

Skills / Experience

Essential8+ years of experience in contract and vendor management, preferably within the financial services sectorStrong knowledge and experience in contract and vendor life-cycle management, contract negotiation and managing vendor relationshipsExcellent analytical, problem solving and decision-making skillsStrong communication and stakeholder management abilitiesExceptional attention to detailDesirableExperience of specific re-insurance industry would be desirable but other industries would be considered.Contract related certification preferred – IACCM and/or CIPS

Personal Characteristics

Collaborates well with all levels of management and employeesGood Communicator – succinctly communicates product vision to all stakeholders in a compelling and effective wayData Driven – values evidence, research and customer feedbackDecisive – makes effective customer centric decisionsFlexible – adapts and thrives under change and ambiguity in an independent and flat structureExcellent internal customer service and communication skillsAbility to understand and communicate data design and patterns to non-technical audiencesAbility to work in a fast-paced environment with multiple prioritiesAbility to produce accurate work under pressure with frequent deadlinesDemonstrate critical thinking and analytical skills with attention to detailExcellent problem-solving skills, with the ability to work independently and collaborating with othersAbility to exercise confidentiality and professionalism in the performance of duties

Working For Pacific Life Re

We value the unique qualities our global team brings and support their ambitions. We work under pressure, strive for achievement, and also foster opportunities to connect, relax and collaborate. We provide a healthy work-life balance with employee benefits, social activities and wellbeing initiatives, and support community involvement through fundraising, volunteering and charitable activities.

Benefits (For Permanent and Fixed Term Employees)

Leave25 days of annual leave with option to buy/sell more daysAdoption and fertility leaveGenerous enhanced parental leaveHealthcareComprehensive private insurance coverage for employee and dependentsGroup Life Insurance Coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salaryOptical benefitsSavings and Retirement15% combined employee/employer contributionsWellnessSubsidized gym membershipAccess to Employee Assistance ProgramCycle to Work and Electric Car Salary Sacrifice SchemeTime off for volunteeringCharitable matching of employee donationsDiversity and inclusion: We provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss suitable adjustments where possible.

Pacific Life Re Values

View our company values through the provided link.

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