INDUSTRY: FINANCIAL SERVICES

Role Purpose

• On a global basis, lead strategy and planning for a Procurement sub-category to deliver competitive advantage for the business through cost savings, lifecycle value generation, demand management and innovation.
• The role will support the Global Category Manager in a specific sub-category area, covering all commodities within their respective sub-category with primary focus on Insurance and Marketing areas. With specific category knowledge, this will be achieved through the creation and continual review of robust and forward-looking category plans that use the full range of supply and demand-side levers.
• The role is required to identify new outsourcing opportunities and assess their relevance and potential value to the organization in conjunction with and under the guidance of the Global Category Manager.
• The role will develop influential senior level relationships (generally at a level below those held by the Global Category Manager) with designated businesses and functions on behalf of all of the Procurement sub- functions including ownership of both Buying Channel and PSL compliance.
• Key to success are advanced skills in analysis/synthesis in the application of a range of commercial models, with a focus on Total Cost of Ownership (TCO).

Key accountabilities of the role

• The Category Manager will sit on relevant stakeholder committees and positively influence appropriate forums of the businesses/ functions.
• Supporting the creation of sub-category strategies and plans to achieve or exceed agreed savings targets for the category.
• Driving business outcomes and behaviours with subject matter expertise to drive value through the category planning lifecycle.
• Constantly monitoring supplier market and identify opportunities resulting from new product offerings and/or market shifts (e.g. entry or exit of suppliers, changes in pricing, risk on category).
• Seeking alternatives to current category specifications/ demand parameters.
• Continually monitoring buying channel compliance for the business/ function with whom they own the Procurement relationship and driving corrective action as necessary.

Knowledge & Experience / Qualifications

• Experience across the Insurance and Marketing commodities
• Financial Services industry experience preferred
• Experience in leading negotiations and managing large value procurement
• Having worked within complex, multi layered organisations and worked to the pace and drive required.
• Has degree or CIPS related qualifications.

Job ID IDIBU-61457

Role Purpose

• On a global basis, lead strategy and planning for a Procurement sub-category to deliver competitive advantage for the business through cost savings, lifecycle value generation, demand management and innovation.
• The role will support the Global Category Manager in a specific sub-category area, covering all commodities within their respective sub-category with primary focus on Insurance and Marketing areas. With specific category knowledge, this will be achieved through the creation and continual review of robust and forward-looking category plans that use the full range of supply and demand-side levers.
• The role is required to identify new outsourcing opportunities and assess their relevance and potential value to the organization in conjunction with and under the guidance of the Global Category Manager.
• The role will develop influential senior level relationships (generally at a level below those held by the Global Category Manager) with designated businesses and functions on behalf of all of the Procurement sub- functions including ownership of both Buying Channel and PSL compliance.
• Key to success are advanced skills in analysis/synthesis in the application of a range of commercial models, with a focus on Total Cost of Ownership (TCO)

Key accountabilities of the role

• The Category Manager will sit on relevant stakeholder committees and positively influence appropriate forums of the businesses/ functions.
• Supporting the creation of sub-category strategies and plans to achieve or exceed agreed savings targets for the category.
• Driving business outcomes and behaviours with subject matter expertise to drive value through the category planning lifecycle.
• Constantly monitoring supplier market and identify opportunities resulting from new product offerings and/or market shifts (e.g. entry or exit of suppliers, changes in pricing, risk on category).
• Seeking alternatives to current category specifications/ demand parameters.
• Continually monitoring buying channel compliance for the business/ function with whom they own the Procurement relationship and driving corrective action as necessary