Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
We’re looking for a Procurement Specialist to join our Group Procurement team in London. Someone who’s curious, commercially sharp, and ready to make things happen.
You’ll work closely with our business teams and suppliers to deliver smart sourcing decisions, manage risk, and unlock value across our external spend. And you’ll help us build a procurement centre of expertise we’re proud of.
What you’ll be doing
You’ll support our Procurement Delivery Lead to deliver sourcing activity that drives value and meets regulatory expectations. That means:
Analysing spend, suppliers, and markets to shape strong sourcing strategies
Running RFIs, RFPs and RFQs with confidence and clarity
Preparing tender documentation and commercial analysis that stands up to scrutiny
Assessing suppliers financially and commercially, using objective decision-making
Negotiating and managing supplier relationships to improve service, quality and value
Partnering with internal teams so they’re informed, involved, and supported
Improving procurement processes and helping shape how we work
What you’ll bring
We’re open to different backgrounds and experiences. What matters most is how you think and how you work.
You’ll bring:
Experience working in a procurement function
Knowledge of sourcing and category management activities
Experience running RFI and RFP processes
Commercial awareness and confidence reviewing contracts and statements of work
Strong organisation and planning skills
Great interpersonal skills and attention to detail
Confidence using Word, Excel (including pivot tables) and PowerPoint
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancySkills Required
- Experience working in a procurement function
- Knowledge of sourcing and category management activities
- Experience running RFI and RFP processes
- Confidence reviewing contracts and statements of work
- Strong organisation and planning skills
- Great interpersonal skills and attention to detail
- Confidence using Word, Excel and PowerPoint
What We Do
Lloyd’s is the world’s leading marketplace for insurance and reinsurance. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world.
