Vendor Manager

Procurement Heads are partnering with a market-leading insurance company to support with the appointment of a Vendor Manager. This is a newly created role, leading the management of a handful of business-critical, Tier-1 IT suppliers.

Experience with the assurance associated with IT vendors will be key as this role works to increase the value the business gets from these suppliers. Experience of working within a heavily regulated/audited environment is desired.

After having a the best year yet last year, this role represents one of many new positions that the organisation is investing in, so it's a great time to be joining!

The role will be based in the Southampton office, with flexibility to work remotely.

Main Responsibilities:

• To oversee SaaS vendor performance, developing and managing supplier relationships to protect business interests and ensure costs reflect fair market value
• Develop and maintain SaaS assurance models for vendors within the allocated portfolio, supporting areas such as Information Security, Compliance and Data Governance
• Ensure any negotiation of commercial terms for strategic IT contracts provides beneficial outcomes for the business and the customer
• Provide subject matter input to facilitate commercial terms discussions and value of contracts alongside or supporting the Central Procurement Team as appropriate
• Maintain an awareness of innovation and opportunities in the SaaS Vendor market, translating these into strategic business outcomes
• Identify and report of risks associated with existing or potential SaaS vendors
• Build effective strategic relationships with SaaS vendors ensuring sustainable business value is achieved

Benefits of the SaaS Vendor Manager:

• Up to £60,000 salary
• Flexible hybrid working policy
• A minimum of 35 days holiday (inc. bank holidays)
• Annual bonus schemes
• Competitive private pension contribution
• Health benefits include dental insurance and health cash plan
• 16 weeks of full pay for maternity/paternity/adoption entitlement
• Life insurance and critical illness cover
• Retail discounts and Tech schemes