Procurement Manager

Procurement Manager - FTC

Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of. How we deliver this, matters. We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.

Make the market better. It starts with you. At Lloyd’s, we’re the world’s leading insurance and reinsurance marketplace. We bring together the best minds in risk to help businesses, communities and economies move forward. We’re looking for a Procurement Manager to help us get the best from the suppliers, services and partnerships that support Lloyd’s. You’ll play a key role in shaping procurement category strategies, delivering commercial value and helping us build a procurement function that’s focused, trusted and fit for the future.

This is your opportunity to influence how we buy, how we partner and how we deliver value across Lloyd’s.

You’ll support the Chief Procurement Officer and wider Procurement team to deliver our procurement strategy across indirect spend categories. You’ll work closely with stakeholders across the business, using insight, data and market knowledge to shape sourcing decisions and supplier relationships. Develop and deliver category strategies that support Lloyd’s commercial goals and wider business priorities. Analyse spend, supplier markets and cost drivers to identify opportunities for value, savings and better performance.

Lead sourcing activity, including RFIs, RFPs, RFQs, tenders, supplier assessments and contract negotiations. Build strong supplier relationships and manage performance across cost, service, quality and innovation. Work with internal teams to prepare tender documents, shape requirements and support confident decision-making. Help embed sustainability, risk management and good governance throughout the procurement process. Support improvements to procurement processes, systems and ways of working.

Keep stakeholders informed, involved and confident in procurement decisions.

We’re looking for someone with strong procurement experience, sound commercial judgement and the confidence to work with a wide range of stakeholders. You’ll be comfortable using data to make decisions, negotiating with suppliers and helping others adopt new ways of working.

• Relevant procurement experience, ideally with category management responsibility.
• Strong knowledge of commercial contracts and supplier negotiations.
• Experience in sourcing, business partnering and third-party management.
• Strong analytical skills, with the ability to turn insight into action.
• Confidence influencing stakeholders at different levels.
• Good planning, organisation and project management skills.
• Strong working knowledge of Microsoft Word, Excel and PowerPoint.
• A practical, collaborative approach to solving problems and delivering results.

It would also be useful if you have experience delivering a new procurement strategy, managing procurement in a complex organisation, or a CIPS qualification. But if you don’t meet every point, we’d still like to hear from you.

Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact. We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential. We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.

We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an…