Senior Manager of Commercial Partnerships Analytics

4 weeks ago

Edinburgh, Edinburgh, United Kingdom Phoenix Group Holdings Full time

Job Type: Permanent

Location: Ideally based in our Edinburgh office with flexibility for remote work. Applications from other locations will also be considered.

Flexible working: We support various working arrangements including part-time and job-sharing options. We will explore your preferences and align them with business needs during the recruitment process.

Salary and Benefits: Competitive salary range of £75,000-£90,000 with potential for an annual bonus of 30-60%, comprehensive private medical coverage, 38 days of annual leave, a 10% non-contributory pension scheme, life assurance, career break options, income protection, and volunteering days.

We are excited to present a remarkable opportunity within our newly established Commercial Partnerships division for a Senior Manager specializing in Analytics and Insights.

Role Overview

The successful candidate will leverage data analytics to enhance procurement strategies, drive operational efficiency, and foster innovation. Responsibilities include collecting, analyzing, and interpreting procurement data to uncover trends, identify cost-saving opportunities, and pinpoint areas for enhancement. The role serves as the primary liaison between Finance and Strategy departments, ensuring accurate documentation and reporting of all third-party savings. Additionally, the Senior Manager will lead a team and oversee cross-functional groups to achieve outstanding outcomes.

Key Responsibilities:

Data Management: Establish and maintain robust systems for the collection and storage of procurement data, ensuring precision, completeness, and accessibility. This includes the verification, tracking, and reporting of all third-party savings.

Analytics and Reporting: Utilize data analytics tools to derive insights, generate comprehensive reports, and present findings to senior leadership to support informed decision-making.

Trend Analysis: Continuously monitor and assess market trends, supplier performance, and procurement processes to discover improvement opportunities and mitigate risks.

Cost Reduction: Employ data-driven strategies to identify potential cost savings and enhance efficiency within the procurement function.

Supplier Management: Evaluate supplier performance data to manage relationships, renegotiate contracts as necessary, and promote ongoing improvements.

Strategy Development: Contribute to the strategic planning process by offering data-informed insights and recommendations.

Compliance and Governance: Ensure that procurement data practices adhere to applicable laws, regulations, and corporate policies.

Cross-Functional Collaboration: Collaborate closely with other departments, such as Finance and Operations, to align procurement strategies with broader organizational objectives.

Technology Implementation: Spearhead the selection and deployment of procurement technologies and tools that enhance data analysis capabilities.

Team Leadership: Lead and develop a team of data analysts or specialists, fostering a culture of continuous improvement and innovation.

Desired Qualifications:

Proven leadership and management capabilities with a history of guiding teams through transitions.

Exceptional negotiation skills with the ability to influence and communicate effectively with both internal and external stakeholders.

Strong analytical and problem-solving abilities with a data-centric approach to decision-making.

Excellent numerical proficiency.

Familiarity with contracting models, commercial terms, and the confidence to negotiate them.

Understanding of financial services regulations.

Experience with procurement tools and systems.

About Us:

Our aim is to be the most rewarding workplace for our 6,600 employees.

As the UK's largest long-term savings and retirement organization, we provide a diverse range of products through our leading brands, including Standard Life, SunLife, Phoenix Life, and ReAssure. Approximately 20% of the UK population holds a pension with us. We are a FTSE 100 company addressing critical challenges, such as transitioning our portfolio to net zero by 2050, and we are committed to ongoing progress.

Inclusion Commitment:

We strive to create an environment where everyone feels valued and welcome, encouraging applicants from all backgrounds. If your experience differs from our requirements but you believe you can contribute to the role, we would be eager to hear from you.

If you need any adjustments to the recruitment process, please inform us so we can support you in showcasing your best self.

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