Senior Procurement Specialist

Global Senior Procurement Specialist

This role supports multiple business partners across International and US business lines and leads the development of cost reduction and value creation strategies that align with Markel’s enterprise objectives. The position partners closely with stakeholders to design, negotiate, and manage technology‑driven sourcing solutions while ensuring strong governance over enterprise‑wide procurement policies, procedures, and third‑party risk controls.

Markel Group (NYSE – MKL) is a Fortune 500 holding company with over 60 offices in 20+ countries, providing insurance, reinsurance, specialist advisory, and investment operations worldwide.

• Partner with business stakeholders to understand requirements and deliver sourcing solutions aligned to Indirect Services and technology categories, including SaaS software, professional services, and third‑party data.
• Lead and run competitive RFx processes, developing requirements, pricing models, financial analysis, and risk assessments for technology and services agreements.
• Identify and deliver cost savings and value creation opportunities through spend analysis and close collaboration with business partners and the Global Procurement team.
• Develop and execute negotiation strategies for technology, software, data, and services contracts, ensuring favourable commercial, legal, and risk outcomes.
• Work collaboratively with Directors and Procurement Analysts to establish, maintain, and renew supplier contracts across Indirect Services categories.
• Measure supplier performance using quantitative metrics related to cost, quality, service levels, and contractual compliance.
• Lead supplier performance reviews, including quarterly business reviews for key technology and services suppliers.
• Develop deep category expertise across assigned Indirect Services spend areas, with emphasis on technology, software, professional services, and data agreements.
• Lead sourcing activities and supplier onboarding, coordinating due diligence, risk, and compliance processes for new and existing vendors.
• Improve return on investment across third‑party technology and services spend while delivering against savings targets and financial objectives.

• Experience in strategic sourcing, category management, finance operations, and analytics, focusing on Indirect Services procurement and technology‑driven spend categories.
• Strong contracting and negotiation expertise in technology‑related agreements, including SaaS software, professional services, and third‑party data contracts.
• Knowledge of third‑party supplier contractual provisions to meet regulatory requirements.
• Good understanding of the end‑to‑end Procure‑to‑Pay (P2P) process, including requisitioning, sourcing, contracting, supplier onboarding, invoicing, and payment workflows, focusing on process optimization and compliance.
• Experience using procurement technologies, analytics platforms, and AI‑enabled solutions to improve sourcing efficiency, enhance decision‑making, and drive measurable business outcomes.
• Ability to partner with cross‑functional stakeholders, including IT, Legal, Risk, Finance, and business leadership.
• Strong customer‑centric attitude with the ability to build and sustain strategic supplier relationships.

• A great starting salary plus annual bonus.
• Strong benefits package.
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
• Fantastic company pension scheme.
• Private medical and dental cover.
• Life assurance, travel insurance cover, income protection, and season ticket loan.
• Additional benefits on offer.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role, we want to hear from you. We are an equal‑opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.