Technology & Data Procurement Manager

Posted 4 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Senior level
Insurance
The Role
Lead strategic commercial engagement and hands-on procurement for Technology and Data vendors. Manage renewals, negotiations, sourcing, vendor consolidation, and risk related to vendor concentration. Support category strategy, pricing analysis, benchmarking, and procurement capability building. Partner with Technology, Finance, Legal and business stakeholders to improve vendor visibility, governance, and enterprise leverage while embedding procurement into strategic decisions.
Summary Generated by Built In
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

About RenaissanceRe

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).

POSITION SUMMARY:

The Technology & Data Procurement Manager will contribute to strategic commercial engagement while also supporting practical procurement delivery and sourcing activities where required across Technology, Data and related vendor categories.  The role will support both ongoing vendor and renewal activities, and

the phased development of Procurement’s broader category management, commercial governance and enterprise vendor management capability.

This role will work closely with Procurement leadership to help improve commercial visibility, renewal coordination, vendor governance and enterprise leverage across strategically important vendor relationships. This role extends beyond traditional transactional IT Procurement activities and requires a balance of commercial capability, stakeholder engagement and practical procurement delivery experience.

The Technology & Data Procurement Manager combines commercial engagement with practical procurement delivery responsibilities across Technology and data-related vendor activities. The focus includes vendor coordination, sourcing support, renewals, commercial negotiations and contributing to the long-term development of Procurement capability across the organization.

PRINCIPAL ACCOUNTABILITIES:

Strategic Vendor & Commercial Management

  • Support commercial engagement across strategic Technology, Data and related vendor categories
  • Lead or support complex renewals, negotiations and commercial structuring activities
  • Support sourcing, procurement and vendor engagement activities across Technology and Data-related business and stakeholder groups
  • Improve visibility of vendor commitments, renewal timelines and pricing exposure
  • Support vendor consolidation and enterprise leverage opportunities
  • Help manage commercial risk relating to vendor concentration, contract structures and long-term pricing exposure
  • Contribute to improved commercial governance across strategically important vendor relationships

Category & Commercial Strategy

  • Support development of category approaches across Technology and Data spend areas
  • Contribute to pricing analysis, benchmarking and commercial governance activities
  • Support future-facing procurement approaches relating to SaaS, AI, data and platform vendors
  • Assist in establishing scalable vendor governance and commercial management practices
  • Help shape Procurement engagement models across strategic vendor ecosystems

Procurement capability build

  • Contribute to development of Procurement operating standards and category engagement models
  • Support creation of vendor, renewal and opportunity visibility frameworks
  • Participate in procurement technology roadmap and workflow evolution discussions
  • Help embed Procurement earlier into strategic vendor decision-making processes
  • Support broader operating model and Procurement maturity initiatives as the capability evolves

Stakeholder engagement

  • Partner with Technology, Architecture, Finance, Legal and business leadership teams
  • Provide commercially pragmatic procurement support to business stakeholders
  • Support balanced commercial decision-making without disrupting business agility
  • Help align vendor strategy with broader enterprise priorities
  • Build trusted relationships across business and technology stakeholder groups
  • Support commercially pragmatic decision-making within evolving governance structures

EXPECTED COMPETENCIES:

  • A university degree
  • A professional accounting designation (e.g. CIPS -Chartered Institute of Procurement & Supply) is preferred, not required.
  • Approximately 8–12 years relevant experience within Technology Procurement, Data Procurement, strategic sourcing or enterprise vendor management environments – including hands-on procurement delivery and commercial engagement activities.
  • Deep experience within insurance, reinsurance or complex regulated financial services environments strongly preferred
  • Strong commercial understanding of enterprise technology and data vendor environments
  • Experience supporting software, SaaS, platform or strategic vendor negotiations
  • Comfortable operating within evolving structures and partially mature governance environments
  • Strong stakeholder management and relationship-building capability
  • Commercially pragmatic with strong analytical capability
  • Interested in helping build and mature Procurement capability over time
  • Broader commercial and stakeholder engagement experience preferred in addition to sourcing capability
  • Strong communication capability across Technology, Finance and business stakeholder groups
  • Comfortable operating within ambiguity and change
  • Self-directed and capable of establishing structure where limited precedent exists
  • Commercially pragmatic and strategically minded
  • Strong relationship builder and influencer
  • Able to balance strategic thinking with operational execution
  • Comfortable operating across competing priorities and evolving structures
  • Curious, adaptable and enterprise-oriented in approach
  • Interested in growing with the Procurement capability as it matures

We are an equal opportunity employer.  We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Additional Information:

Business Development:

RenRe is establishing a scalable global Procurement capability designed to improve enterprise visibility, commercial coordination, vendor governance and strategic management of external spend across the organization.

Candidate Profile:

The position is well suited to a commercially minded individual who combines strong stakeholder engagement capability with the adaptability and pragmatism required to help build scalable Procurement capability over time.

What Success Looks Like

  • Improved commercial outcomes across strategic Technology and Data vendor engagements
  • Technology & Data stakeholders experience practical, commercially effective and responsive procurement support
  • Better visibility of vendor commitments, renewals and commercial exposure
  • Earlier and more consistent Procurement involvement in strategic vendor decisions
  • Reduced fragmentation across Technology and Data vendor management activities
  • Stronger enterprise leverage across strategic vendors and commercial relationships
  • Procurement increasingly viewed as a strategic commercial partner to the business
  • Foundational category and commercial governance capability established to support future Procurement maturity and scale-up

We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.

At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.


Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Skills Required

  • University degree
  • Approximately 8-12 years relevant experience in Technology/Data procurement, strategic sourcing, or vendor management
  • Experience supporting software, SaaS, platform or strategic vendor negotiations
  • Experience with vendor management, renewals, commercial structuring and contract negotiations
  • Strong stakeholder management and relationship-building capability
  • Strong commercial and analytical capability
  • Strong communication capability across Technology, Finance and business stakeholder groups
  • Comfortable operating within ambiguity, evolving governance, and partially mature structures
  • Self-directed with ability to establish structure where limited precedent exists
  • Deep experience within insurance, reinsurance or complex regulated financial services environments
  • Professional procurement designation (e.g., CIPS) or broader commercial/category management experience
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Pembroke
916 Employees
Year Founded: 1993

What We Do

RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business

Similar Jobs

Taboola Logo Taboola

Managing Director - EMEA Publishers

AdTech • Big Data • Digital Media • Marketing Tech
Hybrid
London, Greater London, England, GBR
1900 Employees
Hybrid
London, Greater London, England, GBR
289097 Employees
Hybrid
Bournemouth, Dorset, England, GBR
289097 Employees

BlackRock Logo BlackRock

Associate, Compensation

Fintech • Information Technology • Financial Services
In-Office
London, Greater London, England, GBR
25000 Employees

Similar Companies Hiring

Globe Life Thumbnail
Insurance • Financial Services
McKinney, TX
3000 Employees
MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account