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Salary
$39k – $100k per year (Estimated)
Location
Remote/Hybrid (Lisbon, Portugal)
Seniority
Staff · 6+ years exp
Employment
Full-Time
Overview
Company
Impact
Profile match
Hiscox Group is a highly respected specialist insurer that aims to provide exceptional products and services to its customers, business partners, and shareholders. With a strong focus on key geographies and product lines, Hiscox has established itself as a diversified international insurance group with a powerful brand and a robust balance sheet. As a listed company on the London Stock Exchange and headquartered in Bermuda, Hiscox currently operates in 14 countries and maintains 34 offices worldwide, employing over 3,000 staff. The company's strategy revolves around achieving a balance between its catastrophe-exposed business and its less volatile local specialty business. With an 'A' rating earned through its balanced portfolio and strong financial performance, Hiscox is known for its financial strength. The company prides itself on its well-structured management team and its commitment to fostering a powerful brand that adds value to customers and drives business growth.

Job Type:

Permanent

Build a brilliant future with Hiscox

Position Overview

Following a period of rapid growth, Hiscox has around 3,000 employees across multiple business units and countries. Procurement plays a key role in supporting the business strategy, driving value through effective supplier management, commercial excellence and strategic sourcing.

The Category Procurement Lead will be responsible for supporting the end-to-end category strategy, sourcing and supplier management activities across a range of spend categories, with a primary focus on People Services / HR. This includes working closely with HR and business stakeholders to develop sourcing strategies, optimise supplier performance and ensure procurement delivers measurable value.

This is a Procurement role at its core. The successful candidate will be a procurement / strategic sourcing professional who has previously managed procurement activity for People Services / HR categories - partnering with HR functions as an internal customer, rather than coming from an HR background.

People Services categories may include:

  • Talent Acquisition Services
  • Learning & Development
  • Benefits & Wellbeing
  • HR Operations

The role will be supported by Category Analysts based in Lisbon and will partner closely with stakeholders across the UK, Europe and the US.

Responsibilities

Category Strategy

  • Develop and maintain category strategies aligned to business priorities and workforce objectives.
  • Identify opportunities for cost optimisation, supplier consolidation, risk mitigation and service improvement.
  • Provide market insight and recommendations to stakeholders across People Services categories.

Business Partnership

  • Build strong relationships with business and HR leaders across the organisation.
  • Support the development of sourcing strategies that align with business and workforce needs.
  • Act as a trusted advisor on procurement, supplier management and commercial matters.

Sourcing & Procurement

  • Lead end-to-end sourcing activities including RFI, RFP, RFQ and supplier selection processes.
  • Develop negotiation strategies and lead commercial discussions with suppliers.
  • Ensure procurement activity is executed in line with governance and risk requirements.

Supplier Management

  • Manage strategic supplier relationships and performance reviews.
  • Establish KPIs, governance frameworks and continuous improvement plans.
  • Lead issue resolution and supplier escalation activities where required.

Contracting & Governance

  • Partner with Legal, Risk and Compliance teams to ensure appropriate contractual protections are in place.
  • Ensure compliance with internal procurement policies and external regulations.
  • Drive best-practice procurement and supplier governance across the category.

Collaboration

  • Share best practices and contribute to the continuous development of procurement capabilities.
  • Collaborate effectively across Procurement, HR, Finance, Legal and operational teams.

Skills & Experience

Essential

  • 6-8 years' experience in Procurement, Strategic Sourcing or Category Management.
  • Previous procurement experience managing People Services / HR-related spend categories (e.g. Recruitment Services, Learning & Development, Benefits, HR Operations or similar).
  • Experience partnering with HR / People functions as an internal stakeholder on procurement initiatives.
  • Strong commercial acumen and negotiation skills.
  • Excellent supplier relationship management capabilities.
  • Strong stakeholder management and influencing skills.
  • Proven ability to lead sourcing and contract negotiations.
  • Strong analytical and problem-solving skills.
  • Experience operating in large and/or complex organisations.

Desirable

  • Experience across multiple People Services categories.
  • Experience supporting HR transformation programmes or workforce strategies.
  • Experience within Financial Services or another regulated environment.
  • Professional procurement qualification (CIPS Level 5/6 or equivalent).

Qualifications

  • Degree (or equivalent experience) in Procurement, Business, Finance, Law or a related discipline.
  • CIPS qualification preferred.
  • Additional qualifications in contract management, supplier management or procurement best practice would be advantageous

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