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About the Role

As Head of Sourcing, you will lead a growing team, influence enterprise-wide sourcing strategy, work with senior executives, and play a key role in transforming how TMHCC procures technology and business services. You will build a best-in-class sourcing function, develop a growing team, influence executive decision making, lead sourcing across strategic technology investments, embed AI and emerging technology sourcing practices, and shape the operating model of Procurement.

Responsibilities

• Lead, coach, and develop a team of category managers and procurement specialists.
• Evaluate operating model evolution to support a growing remit.
• Define and execute the sourcing strategy across all categories, including IT, SaaS, AI, Professional Services, Facilities, Marketing, HR and Travel.
• Lead sourcing strategies for emerging technologies, including AI consumption based technology services.
• Drive commercial value through competitive sourcing, supplier negotiation, and robust contract lifecycle management.
• Build and maintain strategic supplier relationships, incorporating performance governance and proactive risk management.
• Partner with senior stakeholders to align sourcing activity with business priorities and organisational strategy.
• Embed best-practice procurement processes, tools, and policies across the function.
• Deliver measurable commercial value through cost optimisation, supplier innovation, risk reduction and improved business outcomes.

Requirements

• Broad category expertise across indirect spend; deep knowledge of IT and Professional Services are particularly valued.
• Proven experience developing and implementing category and sub-category strategies.
• Proven track record of meeting cost reduction and supplier consolidation targets.
• Track record of leading portfolio opportunity analysis and delivering measurable benefit.
• Strong commercial and legal literacy, including IT, software, and Professional Services contracts.
• Experienced negotiator across a range of contract values and complexity, including extracting value from incumbent suppliers.
• Ability to lead market analysis and competitive tendering processes.
• Highly credible communicator with the ability to influence senior stakeholders.
• Comfortable leading and contributing to cross-functional teams.
• Financial Services experience and knowledge of the associated regulatory compliance, including DORA, Operational Resilience, and European regulatory engagement.
• Enjoy building high performing teams, influencing senior executives and solving complex sourcing challenges that combine strategic thinking with delivery.

Skills

• IT
• SaaS
• AI
• Professional Services
• Facilities
• Marketing
• HR
• Travel
• Market analysis
• Competitive tendering
• Negotiation
• Contract lifecycle management
• Supplier relationship management
• Risk management
• Cost optimisation
• Supplier innovation

Location

• Global

Work Type

• Permanent
• Full-time

Experience Level

• Head of Sourcing
• Senior leadership

Education Level

• Master’s degree
• Professional certification e.g., CIPS

Salary/Compensations

• Competitive salary

Benefits

• Employee benefit package
• Investment in professional development and leadership

About the Company

• Tokio Marine HCC is one of the world’s leading Specialty Insurers.
• With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry.
• Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, along with a desire to grow and provide creative and innovative solutions to our clients.
• Operations sits at the heart of TMHCC, ensuring the smooth running of all business processes – from policy administration and claims handling to data, technology, and delivery.
• We focus on driving efficiency which enables our teams across the business to deliver exceptional results every day.
• Procurement focuses on delivering Value For Money for the organisation.
• We leverage market intelligence and navigate the regulatory landscape to achieve commercial outcomes and reduce risk and complexity.
• We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
• At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background.
• We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing.

Equal Opportunity

• The Tokio Marine HCC Group of companies is an equal opportunity employer.