Strategic Supplier Relationship Lead

Strategic Supplier Relationship Lead

Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid

About the Job

As a specialty insurance firm, sourcing the right suppliers and managing our supply chain ecosystem is fundamental to everything we do. We’re looking for an experienced, motivated and organised individual to join our evolving team. The Strategic Supplier Relationship Manager will work closely with various departments and senior stakeholders to align business and supplier objectives as well as balancing performance, value and risk in the most critical and material parts of our supply chain.

This role is responsible for overseeing and managing our most strategic supplier relationships, driving value and operational excellence. This role involves collaborating with senior internal stakeholders and external suppliers to maximize the performance of our existing contracts. You will play a key role in supporting the implementation of a category strategy by providing insightful market analysis, building effective relationships and establishing effective commercial and contractual structures. As a Strategic Supplier Relationship Lead, you will ensure that our outsourcing initiatives deliver exceptional value and efficiency. Your expertise will help MS Amlin maintain its competitive edge and achieve its strategic goals.

What you’ll spend your time doing:

•  Collaborate with senior business stakeholders to manage strategic suppliers across the organisation.
• Lead Supplier Relationship Management (SRM) activities in accordance with the MS Amlin and best practice view of SRM frameworks.
• Manage risk in partnership with risk subject matter experts (SME teams).
• Oversee the contract governance process in collaboration with business stakeholders.
• Lead contractual negotiations and changes, collaborating with Group Legal and the Procurement Category Managers.
• Leverage understanding of market dynamics and cost drivers specific to the suppliers’ markets to support the category strategy.
• Establish a plan for procurement activities, considering new business requirements, business strategy, emerging risks, and expiring contracts with suppliers.
• Foster collaboration across the Procurement Function to enhance the overall stakeholder experience.
• Manage and maintain supplier governance requirements, ensuring governance materials are shared in a timely manner and include the required information;
• Produce timely and relevant reporting and management information across business-as-usual services, transitions and project related activities with strategic suppliers
• Provide insights and recommendations to senior management based on data-driven analysis
• Liaise with the finance department to manage procurement budgets, track spending, and find opportunities to reduce cost

What you’ll need:

• Proven track record of delivering long-term value within a procurement environment.
• Ideally a Degree in procurement, business, or a related field, or equivalent relevant work experience (5+ years in a scale procurement organisation).
• Experience in outsourcing is beneficial but not mandatory.
• MCIPS certifications are beneficial but not mandatory.
• Capability to manage key suppliers to sustain value gained through negotiation and sourcing.
• Strategic thinking abilities and the capacity to align category strategy with business needs.
• Strong knowledge of navigating market dynamics effectively.
• Proficiency in commercial skills and negotiation tactics.
• Effective stakeholder management skills.
• Proficiency in influencing without direct authority.
• Competence in managing upward relationships.
• Demonstrates enthusiasm, decisiveness, strategic thinking, and proactiveness.
• An understanding of the insurance lifecycle would be a genuine plus

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?

As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin

Hybrid Working

At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.

About MS Amlin

MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.

DE&I at MS Amlin

We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.

MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.