Group Procurement Adviser

Ecclesiastical Insurance Group; Gloucester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider based in Gloucester is looking for a Group Procurement Adviser to manage supplier relationships and enhance procurement strategies. The ideal candidate will possess strong negotiation skills, experience in stakeholder management, and an understanding of critical regulations. This role offers a competitive salary, hybrid working, and various health benefits, supporting a positive work-life balance.

Benefits

Competitive salary

Hybrid working

Annual bonus scheme

Health benefits

Employee Assistance Programme

Study support for qualifications

Charity donation grant

Qualifications

• Proven negotiation skills with suppliers to drive best value.
• In-depth knowledge of due diligence processes and risk mitigation.
• Experience in stakeholder management at various levels.

Responsibilities

• Oversee supplier selection and contract management.
• Collaborate with stakeholders for procurement decisions.
• Identify cost-saving opportunities through strategic planning.
• Monitor supplier performance and ensure compliance.

Skills

Effective negotiation skills

Risk identification

Stakeholder management

Financial assessment experience

Regulatory knowledge

Job description

Group Procurement Adviser – Ecclesiastical Insurance UK

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: Gloucester

Job Ref: 204361

About the role

Benefact Group are looking for a Group Procurement Adviser to join our Gloucester office. You’ll be responsible for the operational management of the goods and services portfolio of suppliers across the Group, with a key emphasis on driving out performance and gaining best value for on‑going operational spend.

Why join us?

Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group – where all profits go to charity and good causes.

What you'll be doing

• Supplier and Contract Management: Oversee supplier selection, tendering, contract drafting, and due diligence, ensuring alignment with the SRM Framework and regulatory requirements
• Stakeholder Engagement: Collaborate with key stakeholders, contract managers, and budget holders to define requirements, monitor supplier performance, and support procurement decisions
• Cost Optimization and Strategic Planning: Identify opportunities for cost savings through aggregation, benchmarking, and contract consolidation; support budget planning and roadmap development
• Performance Monitoring and Compliance: Track supplier performance, financial credit ratings, and contract data accuracy; ensure systems provide reliable management information and invoice coding
• Process Oversight and Support: Manage the Procure to Pay (P2P) process, support requisitions, and lead reporting activities to maintain compliance and operational efficiency

What you'll need to have

• Effective negotiation skills utilised with suppliers to drive the best value out of contracts
• Proven ability to identify risks to the group and in‑depth knowledge of the due diligence process to mitigate these
• Confident in managing stakeholders at all levels and providing appropriate challenge
• Experience of assessing the financial state of organisations by reference to published records such as credit rating and report and accounts along with other sources of information such as site visits, industry trends and market data
• Understand and have knowledge in the various regulations required for critical / important contracts, including PRA SS2/21 Material Outsourcing and Third Party Risk Management, PRA SS1/21 Operational Resilience, FCA Rulebook, EIOPA DORA, CBI Guidance on Outsourcing and EBA Outsourcing to Cloud

What makes you stand out

• Financial services experience preferred, but not essential

What we offer

• A competitive salary – lets discuss it
• Hybrid working
• Group Personal Pension – up to 12% employer contribution
• Generous annual bonus scheme between 6% and 24%
• 25 days annual leave plus bank holidays, and a holiday buy and sell scheme
• An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
• £200 annual personal grant to a charity of your choice
• Encouraged to take at least one volunteering day per year
• Employee Assistance Programme
• Full study support to gain professional qualifications
• Access to virtual GP
• Enhanced maternity and paternity pay

About us

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135‑year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We welcome applications from everyone. If you need any additional support during the recruitment process, please let us know.

Seniority level

Not Applicable

Employment type

Other

Job function

Purchasing and Supply Chain

Industries

Insurance