Full-Time

Supplier Relationship Manager

Posted on 5/9/2026

Hiscox

Hiscox

1,001-5,000 employees

Specialized insurer for high-net-worth risks.

No salary listed

York, UK

Hybrid

Hybrid role with a minimum of 2 days in the office per week.

Category
Operations & Logistics (1)
Required Skills
Risk Management
Requirements
  • As a guide, 5+ years experience in a similar role. Those will less years but the right level of knowledge will naturally be considered
  • Knowledge of supplier management processes required during the supplier lifecycle
  • Experience of managing IT suppliers and working with IT Leadership teams
  • Extensive understanding and practical use of the principles used in contract and supplier management
  • Able to influence others and build working relationships with a diverse team that extends across country boundaries
  • Analytical, numerical and fact based with a delivery focus and commitment to meeting agreed timescales
  • Creative, proactive, logical and innovative – you do not accept the status quo
  • Able to build strong working relationships at both senior management and operational team level
Responsibilities
  • Be a key contributor and subject matter expert in establishing and embedding the Supplier Management Framework
  • Develop and maintain a series of supplier management guides and templates for training and support purposes
  • Deliver/Support training across global Technology to educate Relationship Managers in best practices in order to achieve key objectives
  • Develop and standardise supplier management techniques and approaches across Technology suppliers
  • Update and maintain a supplier management register of all Technology suppliers
  • Collaborate with Relationship Managers to produce Exit Plans and other associated documents
  • Support the implementation and testing, measuring and monitoring of supplier performance via a the Procurement platform (Marketplace)
  • Assist Relationship Managers with key activities, including the operation of governance processes and the evaluation of supplier risks. This would include facilitation of and attendance at Quarterly Business Reviews Meetings for Tier 1 suppliers
  • Support Relationship Managers with the management of suppliers with appropriate governance measures reflecting their importance using the Hiscox governance standards/tools
  • Provide an initial escalation point for Relationship Managers for issues relating to service, scope, quality and related costs. Lead in the resolution of issues, involving other internal and external stakeholders as necessary
  • Establish and support a regular Supplier Management forum for the Relationship Managers and a Community of Practice for all interested parties
  • Achieve “win-win” solutions with the Technology suppliers that promote innovation and the delivery of continuous improvements, whilst maintaining value for the duration of the services
  • Maximise value delivered by suppliers
  • Ensure close collaboration with the Technology Category Managers in Group Procurement for a smooth transition through each stage of the procurement lifecycle
Desired Qualifications
  • MCIPS or an SRM qualification
  • Knowledge of financial or insurance industries and their regulatory requirements

Hiscox is a specialized insurer that focuses on high-net-worth individuals and complex, niche risks (including fine art, kidnapping, and other unconventional coverages). It underwrites and issues insurance policies through its global operations, built on Lloyd's heritage and expanded after re-domiciling to Bermuda to operate in 13 countries. Its products work by assessing and underwriting tailored insurance contracts for specific, often hard-to-place risks, with coverage and claims handling aligned to the insured’s needs. The company differentiates itself from competitors by concentrating on specialized, hard-to-place risks rather than mass-market insurance, maintaining independence, and leveraging deep underwriting expertise and a global footprint. Its goal is to grow as a focused, independent specialist insurer that serves ambitious clients worldwide and expands its geographic reach and capabilities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1901

Simplify Jobs

Simplify's Take

What believers are saying

  • Attracted $1B ILS capital in Q1 2026, growing AUM to $2.4B in catastrophe bonds.
  • Retail premiums rose 10.2% to £1.7B in Q1 2026, driven by 8% US and UK growth.
  • Acquires US insurtech Vouch and launches Cargo API on June 30, 2025 for digital underwriting.

What critics are saying

  • Softening cat reinsurance rates cut net premiums 5.6% in Q1 2026, eroding Hiscox Re margins.
  • Pen-Zurich-Hiscox partnership floods UK non-standard home capacity, slashing quirky property premiums.
  • Vouch acquisition triggers regulatory delays and integration failures within 3-6 months.

What makes Hiscox unique

  • Hiscox specializes in insuring complex risks like fine art and kidnapping since 1970s.
  • Roots in Lloyd's of London since 1901 enable underwriting non-standard marine and specialty lines.
  • Focuses on high-net-worth quirky UK homes via April 2026 Pen-Zurich partnership.

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Benefits

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Company News

Yahoo Finance
Feb 25th, 2026
Hiscox posts record profit of $733M as retail segment drives growth with 7.5% customer increase

Hiscox reported record profitability for 2025, with group insurance contract written premiums rising 5.9% to $275 million year-on-year. The insurer's undiscounted combined ratio improved to 87.8%, its best in a decade, driving a record insurance service result of $614 million. Profit before tax reached a record $733 million, up 6.9%, whilst operating return on tangible equity stood at 20.9%. Investment results hit $443 million, supported by strong yields and higher assets under management. Retail premiums grew 6.3% in constant currency to over $2.6 billion, driven by 7.5% customer growth rather than pricing. The London Market returned to growth with premiums up 1.6%, maintaining its undiscounted combined ratio in the 80s for the sixth consecutive year. Management emphasised underwriting discipline and product innovation across the diversified portfolio.

Hiscox
Aug 14th, 2025
Hiscox appoints new Group Head of Technical Claims

London, UK (14 August 2025): Leading global specialist insurer, Hiscox, today announces the appointment of Matthew Budd to the newly created role of Group Head of Technical Claims.

Insurance Journal
Aug 6th, 2025
Hiscox Agrees to Acquire US Specialist Insurtech

As part of the transaction, Hiscox is acquiring Corix Insurance Services LLC and Vouch Insurance Company from Vouch Inc. subject to customary conditions and regulatory approvals.

Hiscox
Jun 30th, 2025
Hiscox launches Cargo API for small cargo and stock throughput risks

London, UK (30 June 2025): Leading global specialist insurer, Hiscox, has launched a new Cargo API (application programming interface) based solution, available through broker partners for underwriting small cargo and stock throughput risks.

Reinsurance News
Jun 16th, 2025
Hiscox appoints Harriet Hanna as COO of Lloyd's managing agent HSL

Based in London and reporting to Hiscox London Market CEO Kate Markham, Hanna succeeds Adam Rushin, who is retiring after more than 25 years of distinguished service with Hiscox.