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Vendor Manager

2 months ago

Hampshire, United Kingdom Procurement Heads Full time

Procurement Heads are partnering with a market-leading insurance company to support with the appointment of a Vendor Manager. This is a newly created role, leading the management of a handful of business-critical, Tier-1 IT suppliers.


Experience with the assurance associated with IT vendors will be key as this role works to increase the value the business gets from these suppliers. Experience of working within a heavily regulated/audited environment is desired.


After having a the best year yet last year, this role represents one of many new positions that the organisation is investing in, so it's a great time to be joining


The role will be based in the Southampton office, with flexibility to work remotely.


Main Responsibilities:


  • To oversee SaaS vendor performance, developing and managing supplier relationships to protect business interests and ensure costs reflect fair market value
  • Develop and maintain SaaS assurance models for vendors within the allocated portfolio, supporting areas such as Information Security, Compliance and Data Governance
  • Ensure any negotiation of commercial terms for strategic IT contracts provides beneficial outcomes for the business and the customer
  • Provide subject matter input to facilitate commercial terms discussions and value of contracts alongside or supporting the Central Procurement Team as appropriate
  • Maintain an awareness of innovation and opportunities in the SaaS Vendor market, translating these into strategic business outcomes
  • Identify and report of risks associated with existing or potential SaaS vendors
  • Build effective strategic relationships with SaaS vendors ensuring sustainable business value is achieved


Benefits of the SaaS Vendor Manager:

  • Up to £60,000 salary
  • Flexible hybrid working policy
  • A minimum of 35 days holiday (inc. bank holidays)
  • Annual bonus schemes
  • Competitive private pension contribution
  • Health benefits include dental insurance and health cash plan
  • 16 weeks of full pay for maternity/paternity/adoption entitlement
  • Life insurance and critical illness cover
  • Retail discounts and Tech schemes