Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

The role:

This role will support robust governance, risk and process for Procurement across Lloyd’s. This role will be responsible for evolving best practices, delivering projects, supporting risk management within procurement and coordinating activities related to supplier onboarding, audits, compliance and meeting regulatory requirements.

Principal Accountabilities

Assisting the Procurement Governance and Process Manager and Head of Procurement Governance to continue to develop a best in-class function with long term vision to deliver a sustainable approach to all third party sourcing and supplier management whilst minimising risk and driving efficiencies.
Supporting the delivery of procurement governance and process projects on time and in-full and identifying areas for process improvement.
Facilitating the procurement risk management activities including bi-annual review of the departments risk register, facilitating the risk control self attestation (RCSA) process and coordinating the quarterly supplier risk groups with the relevant subject matter experts. This includes tracking and coordinating the completion of associated actions.
Coordinating onboarding activities for material/critical third parties including due diligence to meet internal and external requirements.
Provide expert, authoritative advice to key stakeholders on all aspects of procurement governance, policy and process.
Support the delivery of procurement training to the business and internal procurement team.
Production of ad-hoc management information for procurement team and other key stakeholders for appropriate committees and forums.
Support on all compliance and internal audit exercises on behalf of Procurement to ensure actions are completed within timelines along with the relevant sign-off and attestations are met within the appropriate timeframes.
Continuing to work collaboratively with Risk Management, Regulatory Engagement, Compliance, Internal Audit, Legal, Financial Crime and Operations to implement procurement initiatives and ensure the governance framework is fit for purpose.
Keep procurement materials up to date and correct including MyLloyd’s pages, Lloyds.com, Playbook and supporting with the annual policy review.

Skills

Strong stakeholder management and communication skills
Analytical skills and attention to detail
Ability to drive continuous improvement and identify opportunities for improvement
Understanding of risks and issues that impact the procurement process
Strong IT skills, in particular Excel, Word and SharePoint
Strong interpersonal skills
Good organisational skills and ability to multi task
Ability to work independently and as part of a team

Experience

Experience in understanding risk within an organization
Experience of working with stakeholders to drive change
Experience of working with third parties and internal stakeholders
Experience on delivering projects in full and on time.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link;

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy

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