Procurement Executive (Business Services)

About The Role Team - Procurement Working Pattern - Hybrid: 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week. Top 3 skills needed for this role: * Commercial & contractual judgement * Analytical insight & reporting * Stakeholder & supplier coordination What this role is all about As part of Vitality's Procurement team, the Procurement Executive (Business Services) supports end-to-end procurement activity across our Business Services spend. Working closely with stakeholders and suppliers, you will help deliver effective sourcing, contract and supplier management that drives commercial value. The role focuses on robust analysis, contract lifecycle management, supplier assurance and continuous improvement, helping ensure our Business Services suppliers deliver strong performance while supporting risk management and operational resilience across the business. Key Actions * Sourcing / Category Management o Support the Business Services Procurement Team in delivering end-to-end sourcing activity across Business Services categories, including requirements scoping, market engagement, evaluation and contract award. o Undertake low-to-medium value and complexity sourcing activities independently, in line with procurement policies and thresholds. o Support competitive sourcing exercises (RFI/RFP/RFQ), including preparation of documentation, evaluation models and consolidation of responses. o Assist with commercial negotiations with suppliers, ensuring alignment to agreed strategies and guidance. * Supplier Management & Risk o Support effective supplier management by maintaining supplier performance, risk and compliance information in line with Vitality's supplier management framework. o Assist in the completion and review of supplier assurance activities, including third‑party risk, business continuity and exit planning artefacts. o Support the Business Services Procurement Team in managing supplier performance issues, actions and improvement plans. * Contract Management o Effectively manage a portfolio of contracts via the Contract Lifecycle Management process and identify efficiency improvements and cost savings, whilst enabling the business to maintain required service levels and mitigate risk. * Analysis & Continuous Improvement o Produce commercial, spend and performance analysis to support decision-making and value delivery. o Support reporting and insight for Business Services procurement activity, including value delivery, pipeline and supplier metrics. What do you need to thrive? * Experience & understanding of working in a procurement, commercial or contract management role. * Good understanding of procurement processes, sourcing and supplier management. * Demonstrable commercial and contractual awareness, with the ability to support negotiations and supplier discussions. * Experience of contract lifecycle management, including renewals, variations and compliance tracking. * Strong analytical skills, with the ability to interpret data, produce insight and support recommendations. * Strong stakeholder engagement and communication skills. * Excellent attention to detail and commitment to high quality outputs. * Proficient user of desktop applications including: o Excel (intermediate) o Word, PowerPoint and SharePoint. So, what's in it for you? * Bonus Schemes – a bonus that regularly rewards you for your performance. * Pension – up to 12% of salary, with company match up to 6%. * Vitality health insurance – award‑winning and comprehensive. * Life Assurance – four times annual salary. Additional Support * Help you to be the healthiest you've ever been. * Create an environment that embraces you as you are and enables you to be your best self. * Give you flexibility on how, where and when you work. * Help you advance your career by playing to your strengths. * Give you a voice to help our business grow and make Vitality a great place to be. * Provide opportunities for you to be a force for good in society. * Recognise and reward you with a competitive salary and amazing benefits. About The Company We welcome applications from individuals of all backgrounds, experiences and perspectives. We are committed to diversity and inclusion. #J-18808-Ljbffr