This role supports multiple business partners across International and US business lines and leads the development of cost reduction and value creation strategies that align with Markels enterprise objectives. The position will partner closely with stakeholders to design negotiate and manage technology-driven sourcing solutions while ensuring strong governance over enterprise-wide procurement policies procedures and third-party risk controls.
What part will you play If youre looking for a place where you can make a meaningful difference youve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were always pushing each other to go further because we believe that when we realize our potential we can help others reach theirs.
Join us and play your part in something special!
The opportunity:
The Global Sr. Procurement Specialist is responsible for providing analytical and strategic sourcing support within the Indirect Services procurement space with a primary focus on supplier relationship management in the technology space including SaaS software professional services and third-party data through the entire procurement lifecycle from market research to contract execution.
The Sr. Procurement Specialist plays a meaningful role in contract negotiation supplier performance management issue resolution and ongoing optimization of technology spend delivering both tangible financial benefits and long-term strategic value to Markel.
What youll be doing:
- Partner with business stakeholders to understand business requirements and deliver sourcing solutions aligned to Indirect Services and technology categories including SaaS software professional services and third-party data.
- Lead and run competitive RFx processes including development of requirements pricing models financial analysis and risk assessments for technology and services agreements.
- Identify and deliver cost savings and value creation opportunities through spend analysis and close collaboration with business partners and the Global Procurement team.
- Develop and complete negotiation strategies for technology software data and services contracts ensuring favourable commercial legal and risk outcomes.
- Work collaboratively with Directors and Procurement Analysts to establish maintain and renew supplier contracts across Indirect Services categories.
- Measure supplier performance using quantitative metrics related to cost quality service levels and contractual compliance.
- Bring together stakeholder feedback and lead supplier performance reviews including quarterly business reviews for key technology and services suppliers.
- Develop deep category expertise across assigned Indirect Services spend areas with an emphasis on technology software professional services and data agreements.
- Lead sourcing activities and supplier onboarding coordinating due diligence risk and compliance processes for new and existing vendors.
- Improve return on investment across third-party technology and services spend while delivering against savings targets and financial objectives.
Our must-haves:
- Experience in strategic sourcing category management finance operations and analytics with focus on Indirect Services procurement including technologydriven spend categories.
- Strong contracting and negotiation expertise in technologyrelated agreements including SaaS software professional services and thirdparty data contracts.
- Knowledge of third-party supplier contractual provisions to meet regulatory requirements.
- Good understanding of the endtoend ProcuretoPay (P2P) process including requisitioning sourcing contracting supplier onboarding invoicing and payment workflows focussing on process optimization and compliance.
- Experience of using procurement technologies analytics platforms and AIenabled solutions to improve sourcing efficiency enhance decisionmaking and drive measurable business outcomes.
- Ability to partner with crossfunctional stakeholders including IT Legal Risk Finance and business leadership.
- Strong customercentric attitude with the ability to build and sustain strategic supplier relationships.
Who we are:
Markel Group (NYSE MKL) a Fortune 500 company with over 60 offices in 20 countries is a holding company for insurance reinsurance specialist advisory and investment operations around the world.
Were all about people We win together We strive for better We enjoy the everyday We think further
Whats in it for you
- A great starting salary plus annual bonus & strong benefits package
- 25 days paid holiday plus Bank Holidays with the opportunity to buy/sell extra leave
- Fantastic company pension scheme private medical and dental cover life assurance travel insurance cover income protection season ticket loan as well as other great benefits on offer
- There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part
Choose Apply Now to fill out our short application so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race religion colour national origin sex gender gender expression sexual orientation age marital status veteran status or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at or call us at 0 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
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