Job summary The IT Asset Manager will be responsible for overseeing the lifecycle management of all IT assets within the organisation, including hardware, software, and to work closely with Group Procurement to ensure associated licenses and support agreements are in place. This role involves developing and implementing strategies for asset procurement, tracking, maintenance, and disposal. The IT Asset Manager ensures compliance with vendor contracts, licensing agreements, and internal policies, while optimising asset utilisation and cost efficiency. Key Responsibilities Asset Lifecycle Management: Develop and implement policies and procedures for the effective management of IT assets from acquisition through disposal. Manage the inventory of all IT assets, ensuring accurate records of ownership, location, and configuration. Oversee the deployment, maintenance, and retirement of hardware and software assets. Ensuring all deployed IT assets have valid support and maintenance agreements. Procurement & Vendor Management: Collaborate with procurement teams to source IT assets that meet organisational needs at optimal costs. Manage vendor relationships and monitor performance against service level agreements (SLAs). Compliance & Audit: Ensure compliance with software licensing agreements and legal requirements. Conduct regular audits of IT assets to verify compliance and optimise asset usage. Prepare for and support internal and external audits related to IT assets. Financial Management: Develop and manage the IT asset budget, including forecasting and cost analysis. Monitor and report on IT asset expenditures and identify opportunities for cost savings. Implement processes to track and reduce total cost of ownership (TCO) of IT assets. Data & Reporting: Maintain a comprehensive and accurate IT asset management database. Generate regular reports on asset status, utilization, compliance, and financials for senior management. Use data analysis to inform decision-making and improve asset management processes. Policy Development & Implementation: Develop and enforce IT asset management policies, procedures, and standards. Ensure that asset management practices align with the organization’s overall IT strategy and business objectives. Educate and train staff on IT asset management policies and best practices. Risk Management & Security: Identify and mitigate risks associated with IT assets, including security vulnerabilities and compliance risks. Work with IT security teams to ensure that assets are protected against unauthorized access and data breaches. Continuous Improvement: Evaluate and improve asset management processes to enhance efficiency and effectiveness. Stay current with industry trends and best practices in IT asset management. Implement new tools and technologies to support asset management objectives. Skills & Competencies Previous relevant experience in ITAM Related roles. Proven experience with IT asset management tools and software. e.g. SNOW and ServiceNow. Proven track record of building and controlling ITAM Processes. Line Management Experience. Self-Starter, able to roll their sleeves up and get involved in the detail of ITAM in Chaucer. Good Data Analytical Skills. Able to understand the commercial aspects for Asset Management. Excellent organisational and project management abilities. Strong communication and interpersonal skills. Ability to work independently and collaboratively within a team. Understanding of Hardware concepts including Cloud and how this affects IT Attention to detail and high level of accuracy. Ability to manage multiple projects and priorities in a fast-paced environment. Strong financial acumen and budget management skills. Knowledge of IT infrastructure, hardware, software, and licensing agreements. Experience in vendor management and contract negotiation. Education ITAM certification. Degree qualified (or equivalent experience). Relevant certifications such as ITIL, Certified Hardware Asset Management Professional (CHAMP), or Certified Software Asset Manager (CSAM) are preferred. ABOUT US Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website. Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.