London, Uk
AXA XL is an Equal Opportunity Employer.
Support the end-to-end category plan and sourcing activities
What you’ll be doing
What will your essential responsibilities include?
- Support Global Category leaders in identifying, evaluating, and selecting suppliers that align with AXA XL's procurement needs, ensuring efficiency and effectiveness and in line with strategies set by category leaders.
- Deliver sourcing activities for higher value, medium risk projects, including RFPs, RFQs, and supplier negotiations, to achieve a balanced commercial negotiation that considers performance, value, and risk
- Drive significant cost savings against budget through strategic negotiations with vendors on cost and commercial models
- Build and maintain effective relationships with key functional stakeholders, subject matter experts, Legal, Risk, Information Security, and Data Privacy teams to ensure smooth procurement processes.
- Support in the delivery and execution of category plans and sourcing events leveraging market research to stay informed about industry trends, new and existing vendors to the market, as well as trends on commercial and pricing structures.
- Prepare and deliver input into reports on category performance and deal savings into Global Category Leads, and provide information on upcoming deals through to the Vendor Management Office for critical services performance
- Champion the adoption of procurement ways of working, policies, and processes within the wider business through collaboration and communication and regular proactive engagement with stakeholders.
- Provide input into the Vendor Management Office for the development of exit and risk mitigation plans as needed.
- Actively collaborate with the Sustainable Procurement team to promote supplier diversity and inclusion and integrate sustainability practices into daily activities and vendor contracts.
- Identify opportunities to streamline processes and improve operational efficiency within AXA XL procurement processes.
- Maintain a mindset of continuous learning regarding spend categories, procurement trends, and capabilities.
- Complete all required learning activities and stay informed about regulatory changes and market dynamics that may impact categories and stay updated on industry best practices and emerging technologies to enhance procurement strategies
You will report to the Global Head of Technology Procurement
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills And Abilities
- Commercial Acumen: Able to draft review and manage risk for IT agreements ensuring T7C’s align with AXA XL’s vendor risk and regulatory framework.
- Negotiation Expertise: Proven negotiation skills to secure favourable commercial terms, service levels and pricing to drive significant cost savings for the business.
- Risk Management and Compliance: Able to easily identify, assess and mitigate risks associated with IT supply chain
- Stakeholder Management: Able to build and maintain collaborative relationships with multiple global stakeholders and team members globally, maintaining a balance of relationships and delivery
Desired Skills And Abilities
- Understanding of Coupa or other eSourcing systems
- Abolity to analyse and playback objective views on multiple data sets and pricing models
- Excellent project management skills with the ability to manage multiple projects and stakeholders at a time
- CIPS Qualified, or working towards
What we offer
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We’re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
