Sourcing Business Expert
3 days ago
About Vitality Corporate Services Limited
This exciting new role has direct responsibility for sourcing, contract, and supplier management for Group Insurance. Ensuring the right levels of cover are in place to protect the organisation is crucial.
The successful candidate will oversee the identification, engagement and onboarding of third parties for products and services, as well as manage the ongoing supplier base and drive best value through category management.
Key Responsibilities:- Evaluate potential risks to the company's assets, operations, and personnel, and assess their impact and likelihood.
- Serve as the primary point of contact for corporate insurance claims and queries, advising on best practices and collaborating with internal and external stakeholders.
- BUILD STRONG RELATIONSHIPS WITH KEY STAKEHOLDERS TO DEVELOP CATEGORY-FOCUSED SOURCING STRATEGIES THAT ALIGN WITH BUSINESS OBJECTIVES.
- Conduct market research to identify potential corporate insurance suppliers, define the preferred sourcing solution, and lead RFI/RFP exercises to meet business requirements.
- Draft and implement robust contracts and service schedules with selected suppliers to maximise business value, while mitigating risk and liaising with Legal.
Requirements:
- Possess expertise in Corporate/Group Insurance management strategy and implementation primarily in General Insurance corporate coverage.
- Experience negotiating with suppliers to deliver value and mitigate contractual risk.
- Show a broad understanding of contract drafting, service definition, performance, and commercial structures.
- Proven record of effective category management, demonstrating sourcing strategy implementation, supplier rationalisation, and innovation.
- Ability to communicate, influence, and network with stakeholders at all levels, both internally and externally.
- Proficiency in desktop applications including Excel, Word, SharePoint, and PowerPoint.
Benefits:
- A bonus that regularly rewards your performance.
- A pension of up to 12% We will match your contributions up to 6% of your salary.
- Vitality health insurance.
- LIFE ASSURANCE: Four times annual salary.
We commit to creating an inclusive environment that empowers you to advance your career by playing to your strengths, offering flexibility, giving you a voice to help our business grow, and making Vitality a great place to be. Estimated salary: £50,000 - £60,000 per annum depending on experience.
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