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Assistant Buyer

Posted 14 March by Robert Walters Easy Apply Ended

A market leading insurance provider is currently recruiting for an assistant buyer to support the sourcing and procurement team for their Birmingham operation. Paying up to £29k.

A market leading insurance provider is currently recruiting for an assistant buyer to support the sourcing and procurement team for their Birmingham operation. Paying up to £29k.

Key Responsibilities of Assistant Buyer:

  • Support the Sourcing & Procurement Team in the development and implementation of the supplier category strategies
  • Manage a small portfolio of category spends to develop opportunities and negotiate deals that will drive value and mitigate risk
  • Develop relationships and influence stakeholders and suppliers to ensure delivery of objectives and required targets
  • Effective administration of the Sourcing & Procurement processes and controls demonstrating on-going compliance across the business to the Sourcing & Procurement Policy and Framework
  • Develop supply market expertise and business intelligence for the portfolio
  • Identify and manage all sources of data to support Commercial Partnerships in supply market intelligence (e.g. spend, industry intelligence, benchmarking, market dynamics, thought leadership etc.)
  • Identifying, prioritising and implementing a pipeline of cost saving/value enhancing opportunities within the categories
  • Develop RFP's, challenge requirements, draft and check documentation so that it meets the minimum Commercial Partnerships standards before publication
  • Negotiating outcomes with suppliers whilst creating sustainable partnerships
  • Support the production of appropriate due diligence
  • Owning and managing the document repository for the team
  • Managing the Professional Services Spend Authorisation Processes
  • Managing the workflow with Legal and stakeholders for contracting and the document execution process
  • Support the payment processes to ensure MI is gathered in a timely and accurate manner
  • Ensures that stakeholders are appraised of all actions and any decisions taken

Skills, Experience and Qualifications Required:

  • Business or Finance Degree educated or equivalent
  • Working towards (or attained) your CIPS (Chartered Institute of Purchasing & Supply) qualification
  • Technical knowledge of procurement and finance systems
  • Ability to work under pressure in a fast-moving dynamic financial environment
  • Positive approach to building relationships with key stakeholders with the confidence to influence and engage effectively in order to deliver a great service
  • Excellent communication (verbal and written), influencing and negotiation skills
  • Product, market and customer knowledge
  • Commitment to continuous improvement in the role with an ability to identify problems and solutions, and a desire to develop
  • Accuracy and attention to detail related to policy, process and systems
  • Takes accountability and delivers results on target to ensure that own and team objectives are met
  • Flexible approach, open to trying new ideas or ways of doing things
  • Strong analytical & numerical skills
  • Highly organised and excellent administration ability
  • Understanding of commercial issues, preferably within a financial services/decentralised/highly regulated organisation/environment.
  • Understanding risk management practices, clearly identifying risk mitigation actions
  • Previous exposure to a purchasing environment preferably in financial services

Reference: 34679129

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