Category Buyer

Posted 20 Days Ago
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Lime Street, Malvern Hills, Worcestershire, England
In-Office
Mid level
Financial Services
The Role
The category buyer will manage indirect procurement, supporting procurement strategies, supplier relations, compliance, and performance monitoring.
Summary Generated by Built In

Location: London

Contract Type: Permanent

Work Pattern: Full time and Hybrid (2/3 days a week in the office)

About The Role

We are seeking a highly skilled category buyer, with a strong background in multi entity category management to join the sourcing team. This role will focus on the end-to-end sourcing lifecycle for both MS Amlin Business Services (ABS) and its customers, the other Amlin Legal Entities.

Your primary focus will be on supporting the procurement activity related to all indirect procurement categories, responsible for delivering cost savings across the supplier base and creating commercial frameworks with suppliers to benefit the wider Amlin Group. You will maintain effective relationships with suppliers and internal stakeholders to deliver top-tier sourcing and supplier management services, while supporting the wider sourcing team.

MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering Global Reinsurance, Lloyds Franchise, Local Specialty Insurer, and Business Services.

MS Amlin Business Services (MS ABS) supports our entire organisation through IT, Cyber, Procurement, Legal, HR, Facilities Management, and Finance. Our vision is to be a trusted partner and solution provider of choice.

What You’ll Spend Your Time Doing

  • Working with the wider sourcing team to ensure the effective management of indirect spend across the company and other Legal Entities, which will involve helping customers to define requirements, researching the supply market, running market exercises to select suppliers, negotiating commercial terms and putting appropriate contracts in place.

  • Supporting the development and implementation of procurement strategies, focusing on cost optimisation, supplier management, and risk mitigation.

  • Acting as a trusted advisor to stakeholders, communicating complex procurement concepts clearly and effectively.

  • Ensuring compliance with industry regulations and internal policies, maintaining high standards of integrity and accountability.

  • Fostering strong relationships with suppliers, negotiating favourable terms and ensuring reliable supply chains.

  • Monitor and support supplier performance against key performance indicators, helping to identify and address any performance issues or risks

You’re Going To Enjoy This Job If You…

  • Thrive in a complex environment where you can make a difference by figuring out the best solutions to issues, and have the tenacity to push pieces of work through to successful conclusion

  • Excel at building and maintaining relationships, and have a strong focus on making sure that we deliver for customers

  • Have a passion for cost optimisation and efficiency, with a keen eye for identifying opportunities to deliver cost savings and create commercial frameworks.

What We Need From You                    

  • A track record of delivering indirect procurement projects, covering the end-to-end lifecycle of indirect categories

  • An solid understanding of the financial services market and strong commercial acumen to negotiate contracts, manage supplier relationships and deliver optimal commercial value across indirect category spend

  • Experience of working in a complex multi-entity environment that is undergoing significant change is an advantage but not necessary.

  • Strong intellectual and analytical abilities, with a demonstrated ability to identify commercial opportunities across third-party relationships

We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?

  • Competitive Base Salary

  • Performance Related Discretionary Bonus

  • Holiday: 28 days core annual leave, and you can buy up to 5 days

  • Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)

  • Private Medical: cover for yourself. Family members/dependants can be added

  • Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits

  • Life Assurance: 5x annualised base salary

  • Bank Holidays: To support the diverse backgrounds and beliefs of our team, we offer employees the flexibility to exchange bank holidays for alternative dates that better reflect their personal, cultural, or religious preferences.

Each one of us is unique because of our backgrounds, what we have learned so far and how we express that. Establishing an inclusive attitude helps us, organisationally, to ‘think outside the box’ because it calls on that diverse range of ideas, perspectives and lived experiences.
We commit to continuing our work towards a more diverse and inclusive future by recognising that our business, our teams and every colleague has a part to play in driving the positive change we all want to see.
Our values demonstrate our commitment to providing an environment in which each and every colleague is respected for who they are and what they can contribute to the business, regardless of nationality, race, ethnicity, religion/faith, sexual orientation, gender identity, gender expression, disability, socio-economic background, sex or age.

#LI-Hybrid

#MSABS

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The Company
HQ: New York, NY
3,759 Employees
Year Founded: 1989

What We Do

Millennium is a global alternative investment management firm, founded in 1989, which manages $54.9 billion in assets. We seek to pursue a diverse array of investment strategies across industry sectors, asset classes, and geographies.

Our four primary strategies are RV Fundamental Equity, Equities Arbitrage, Fixed Income Strategies, and Quantitative Strategies.

Millennium was founded on the belief that innovation and results come from empowering talented, independent-minded individuals. To us, success is the combination of drive and discipline.

See our community guidelines at: mlp.com/guidelines

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