Join to apply for the Procurement Manager role at Apollo.
Who we are:
Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name "Apollo" was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.
Since its inception, Apollo has significantly broadened its portfolio of insurance solutions. Today, Apollo continues to grow with a team of over 270 professionals dedicated to fulfilling the company’s mission of enabling a resilient and sustainable world.
Your Role:
We are seeking an experienced Procurement Manager to join our Finance team in this new and exciting role, working closely with all our internal teams including Technology, Change, Underwriting, Claims, and more.
The role covers all aspects of Procurement from new contracts and suppliers to renewals and negotiations. This role is ideal for those who are looking to mature and set up a new function and want hands-on impact on Apollo’s bottom line.
What you’ll do:
* Lead engagements with new and potential suppliers.
* Own and run the due diligence process including ESG, finance, data, technology, and contractual compliance.
* Maintain and report on the core suppliers and contracts list responding to stakeholder enquiries as required.
* Co-ordinate and manage any RFP/RFI or negotiation processes.
* Co-ordinate and manage the financial projections across all our contracts.
* Maintain and manage renewals with cost centre owners and contract owners.
* Provide regular reports to governance committees and executive committees providing insights and escalations for critical suppliers.
* Work with core departments to understand their procurement strategies and requirements.
* Acts as a first point of contact for procurement internally and externally.
* Own, utilise and mature the Apollo Procurement processes and policy.
Cross-Functional Collaboration:
* Own the procurement relationship with all departments.
* Input to the business continuity and operational resilience processes and standards.
* Work closely with other business teams to ensure alignment and synergy across the organisation.
* Establish respect and trust with colleagues, internal and external stakeholders to ensure outcomes are realised within agreed timescales and within budget.
Risk Management:
* Identify potential risks and develop mitigation strategies.
* Stay informed about industry regulations and compliance requirements related to procurement.
* Understand and apply Operational resilience and wider resilience standards.
What we are looking for:
* Proven track record of successfully managing procurement processes.
* Experience managing third parties.
* Knowledge of contract standards and structures.
* Knowledge of due diligence standards and practices.
* Technical familiarity and experience dealing with technical teams.
* Adept at translating business requirements into technical deliverables/ Statements of Work.
* Appreciation of data security principles and how they translate into contractual controls.
* Experience managing RFP and RFI processes.
* Able to instill a sense of urgency and a desire to deliver key objectives.
* Relationship management and Stakeholder management skills.
What you will get in return:
Our compensation package is designed to attract top talent. In addition to a fair and attractive salary, this role offers a discretionary bonus and a comprehensive range of benefits, including 31 days of annual leave, a non-contributory pension, and private medical insurance.
Hybrid & flexible working:
At Apollo, hybrid and flexible working is fully embraced. We understand that no two colleagues are alike, and we support the ability to remain agile and achieve a home and work balance to best suit business and personal commitments.
Thank you!
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