Supplier Assurance Manager
Listed on 2026-06-23
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Business
Regulatory Compliance Specialist
Somerset Bridge Group is one of the UK’s fastest‑growing insurance businesses, supporting brands such as GoSkippy and Vavista. With offices in Bristol, Newcastle and Gibraltar, we provide straightforward motor insurance to over 740,000 customers each year, backed by a friendly, customer‑focused team.
Department: SBSS Procurement
Location: Newcastle
Compensation: £65,000 - £75,000 / year
OverviewWe’re proud of our award‑winning success, including Personal Lines Broker of the Year, MGA of the Year and Digital Initiative of the Year. We’ve planted more than 419,000 trees through our environmental partnership with Vavista. We’re now evolving our risk‑based supplier assurance framework and are looking for a high‑calibre professional to lead this transition as our Group Supplier & Assurance Manager.
This strategic role goes far beyond administration – you will own the group‑wide audit schedule, manage our automated control environment and act as a key partner to divisional MDs. Reporting to the Head of Legal Services, you’ll provide the governance, insight and commercial guidance needed to support safe, compliant and high‑performing supplier relationships across the business.
- Ensure all third‑party suppliers meet the customer, regulatory and governance standards required by the SBG Supplier Assurance Framework (SAF)
- Own and continuously improve the Supplier Assurance Framework tools – the RACI, risk‑based supplier assessment, the assurance schedule and system
- Lead the transition to the automated, "always‑on" monitoring system
- Support business owners to achieve market‑leading supplier commercial performance, mitigate risk and maintain high standards of customer protection within a regulated insurance environment
- Partner with supplier business owners and compliance teams to ensure local autonomy remains safely within SAF "guardrails" throughout the entire supplier lifecycle
- Protect SBG and its customers by maintaining a state of ‘always‑on’ audit‑readiness
- Maintain and evolve the Supplier Assurance Framework (SAF), ensuring the Group RACI remains accurate and effective across all decentralised business units
- Own the Risk‑Based Assessment process, conducting annual and event‑driven re‑assessments of the supplier landscape to ensure oversight remains proportional to risk/value
- Act as the primary administrator for the Supplier Management System, ensuring the "Single Source of Truth" is accurate and that automated guardrails are functioning correctly
- Maintain a centralised repository of evidence for FCA, PRA and Insurer TOBA reviews
- Provide regular reporting to the Exco and Risk Committees on the "health" of the supplier landscape and any breaches of systemic guardrails
- Design and lead the Audit & Assurance Schedule, coordinating with business owners to ensure all required reviews are completed on time
- Conduct desk‑based and on‑site supplier audits for "Critical" and "Important" third parties, focusing on operational resilience, data security and customer outcomes
- Manage the remediation of audit findings, tracking supplier progress against corrective action plans and escalating significant risks to the Head of Legal and relevant Risk Committees
- Serve as the Lead Administrator for the Group’s procurement technology stack (SIM/GRC platform)
- Monitor and act upon automated alerts regarding supplier insolvency, data breaches and sanctions, ensuring immediate escalation of "Red" flags
- Continuously refine the "Golden Rules" within the system to move away from manual spreadsheet tracking toward 24/7 systemic monitoring
- Partner with Business Owners throughout the entire supplier lifecycle, from initial due diligence and selection to contract negotiation and eventual exit
- Provide commercial insights to help business units achieve market‑leading performance, identifying opportunities for consolidation or process efficiency within the decentralised model
- Review and optimise supplier reporting and SLAs to ensure they drive the right behaviours and align with SBG strategy
- Support the…
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