Procurement Analyst

We are looking for a Procurement Analyst to join a Lloyd’s of London insurer. Sitting within the Engineering, Product & Delivery function, you will provide hands-on procurement and operational support to the IT department, looking after purchase orders, financial tracking, contract administration and planning activities so that technology leaders can focus on strategy, people and delivery.
This is a great opportunity for someone who enjoys the detail of procurement and keeping a department organised, likes working with a broad range of stakeholders and wants a varied, practical role at the heart of a technology team within a well regarded insurer.
Key Responsibilities
Raise and receipt purchase orders, ensuring goods and services are logged accurately and on time
Track technology spend against budget and forecasts, keeping records up to date for leadership and Finance
Administer supplier and consultancy contracts, including renewals, documentation and key dates
Process invoices and resolve queries with suppliers, Finance and the wider Procurement team
Support planning activities for the department, including budget cycles and resource tracking
Organise leadership meetings, town halls, away days and other departmental events
Coordinate internal communications and announcements across the function
Maintain procurement trackers and produce regular reporting on spend, suppliers and actions
Act as the first point of contact for vendor queries and external requests
Build strong working relationships with colleagues across Technology, Finance, Procurement and HR
Requirements
Experience in a procurement, purchasing or business support role
Hands-on experience with PO raising and receipting, invoice processing and financial tracking
Exposure to contract administration and supplier management
Strong organisational skills, with the ability to manage a high volume of day-to-day tasks accurately
Clear and professional communication skills, both written and verbal
Confident working with stakeholders at all levels of the organisation
Strong Excel skills and comfort using finance, procurement and collaboration tools
Exposure to insurance or the London Market would be beneficial but is not required
Benefits
Salary: up to £40k
Length: Permanent contract

Work arrangement
No