M

Markel

Diversified specialty insurer with tailored solutions

Lead Procurement Analyst

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeLondon, UKIn-person

About the Job

Requirements

  • International global procurement experience, including knowledge of regulatory requirements.
  • Experience negotiating and leading technology agreements, including SaaS agreements, software licensing, cloud services, professional services, and Statements of Work.
  • Proficiency using AI-enabled tools and solutions to improve efficiency, productivity, reporting, and procurement processes.
  • Project management skills and knowledge of sourcing practices to handle complex projects.
  • Extensive knowledge of legal contracts and financial disciplines.
  • Strong understanding of procurement guidelines, supplier management, and category management principles.
  • Knowledge of modern sourcing and procurement systems.
  • Proficiency with procurement technologies, reporting tools, and data analysis.
  • Ability to handle multiple projects at a time, often under tight timeframes.

Responsibilities

  • Handle or lead complex strategic sourcing efforts and contract negotiations.
  • Develop and drive category strategies by partnering with International leadership and key business units to develop long-term supplier strategies.
  • Consult with business leaders to identify business and vendor needs, deliver category strategies, increase vendor performance, reduce costs, and reduce risk.
  • Lead key strategic supplier quarterly and annual business reviews.
  • Strategically manage indirect spend using sourcing processes that engage stakeholders in developing business requirements, align business objectives, and ensure supplier performance.
  • Manage the life cycle of strategic suppliers, including evaluation, selection, and governance, to ensure service delivery and quality, relevance, and commercial value.
  • Develop, align, and implement critical metrics to manage strategic supplier relationships in line with organizational requirements and processes, achieving high levels of quality and service while maintaining competitive pricing.
  • Conduct market research, supplier assessments, and benchmarking activities to support informed procurement decisions.
  • Evaluate supplier risks and ensure appropriate due diligence activities are completed.
  • Collaborate with stakeholders to ensure suppliers meet contractual commitments, performance expectations, and business objectives.
  • Partner with internal stakeholders to identify and address operational, financial, security, privacy, and regulatory risks associated with third-party relationships.
  • Develop business cases and recommendations that balance cost, value, risk, and operational requirements.

About the Company

Markel

Diversified specialty insurer with tailored solutions

Markel sells specialized insurance, reinsurance, and risk-solutions through divisions like Markel Specialty, Markel International, Markel Global Reinsurance, State National, and Nephila. Its products bundle underwriting, tailored policy structures, and risk-transfer tools, including insurance-linked securities, to fit complex client needs. The company differentiates itself by operating multiple complementary lines as one group and following the Markel Style to focus on long-term partnerships with brokers and clients. Its goal is to be a dependable, long-term partner that provides customized risk transfer solutions and support.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Glen Allen, Virginia
Founded
1930

Recently Posted Jobs

Explore more opportunities at Markel

See more jobs