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Procurement Manager

Procurement Manager

Steadfast Group LimitedSydney, NSW, Australia
6 days ago
Job description

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About the job

Steadfast Group is the largest general insurance broker network and the largest underwriting agency group in Australasia with growing operations internationally. We were founded on the belief that a network of brokers would be stronger together, and this idea has been the backbone of our culture ever since. We believe that none of us is as good as all of us.

At Steadfast, we take pride in the diverse mix of individuals and skill sets within our organisation.

Our team members collaborate across various business units to not only bolster our broker network but also to pioneer the innovative thinking, systems, and technologies that will propel the insurance sector into the future.

We are leaders of the general insurance broking and underwriting industry, and we lead from the front.

About the opportunity

We are seeking a Procurement Manager to join our expanding team. This role will be charged with driving efficiency, cost savings, and value for The Steadfast Group through the development and management of strategic procurement initiatives and practices.

Operating with a highly collaborative mindset, the successful Candidate will work with the Head of Procurement to build and manage an effective group-wide procurement strategy that will encompass managing existing supplier relationships, tendering for new suppliers, negotiating contracts, and monitoring overall procurement processes to ensure efficiency and cost-effectiveness, and consequently deliver savings to the overall group.

This is a hands-on role, and a key component will be the ability to transition from strategic vision to practical execution.

The position will operate from the Group Head Office located in Sydney. The reporting lines for this role are to the Head of Procurement.

Responsibilities

  • Leading end-to-end complex sourcing initiatives and managing ongoing category oversight
  • Communicate clear and concise recommendations based on thorough analysis to senior stakeholders effectively.
  • Evaluate and improve the end-to-end contract management procedure to establish an efficient process, ensuring clear delineation of roles between the procurement, stakeholders and legal teams.
  • Conducting thorough market analysis to gain insights into the category and develop strategies that are aligned and support the Steadfast Group strategy.
  • Establishing category baselines through analysis and modelling, utilising assumptions when data is unavailable.
  • Play a significant role in facilitating the transition and implementation of new commercial or supplier arrangements as necessary.
  • Ensure adherence to procurement and contract policies and procedures across business units, including conducting post-implementation reviews.
  • Work closely with the Business to synchronise all Procurement initiatives with the overarching Steadfast Group strategy, and act as the Project Manager for implementing governance outputs.
  • Ensure that all requirements related to ethical labour practices and environmental, social, and governance commitments are integrated into the procurement processes.

Skills and Knowledge

  • Minimum 5 years of Procurement experience with a proven track record of successful Procurement and cost saving initiatives, developing Category Strategies and leading effective Supplier Relationship Management with key Suppliers.
  • Demonstrated ability of transitioning from strategic vision to practical execution in a fragmented environment.
  • Strong understanding of ESG frameworks and their application within procurement processes.
  • Bachelor’s degree in business, Supply Chain Management, or a related field. Master’s degree is a plus.
  • Strong negotiation and contract management skills.
  • Financial acumen and the ability to drive cost savings.
  • Excellent interpersonal and communication skills, with the ability to engage with Stakeholders and build trust at all levels across multiple Steadfast Entities.
  • Demonstrated ability to navigate and thrive in a greenfield environment, with strong influencing skills.
  • Knowledge of relevant laws, regulations, and industry best practices.
  • As a valued member of the Steadfast team, you'll enjoy a comprehensive array of benefits tailored to support your professional and personal well-being. Joining Steadfast means gaining access to :

  • Career advancement opportunities and professional development through training programs, mentorship initiatives, and tuition reimbursement. We also partner with ANZIIF for accreditation and qualifications.
  • Free company provided Life, Temporary Permanent Disablement, Salary Continuance and Travel insurances, plus access to other discounted insurances.
  • An expansive Health and Wellbeing program, which includes free annual health checks, free annual skin checks, Flu shots, holistic support and advice, discounted gym membership, and confidential counselling.
  • Discounts on travel, hotels, hire cars, electronic and vehicle packages through our various partners.
  • Working in a vibrant and collegiate culture where you are a person, and your contribution is valued.
  • About us

    Our purpose is to create solutions designed to help our businesses and network achieve better outcomes for their clients and the communities we serve from our people, processes and culture.

    We are committed to providing a workplace where people feel they can bring their whole self to work. We aim to create a diverse work environment in which everyone is treated fairly and with respect and where everyone feels responsible for the reputation and performance of Steadfast.

    We are strong supporters of Aboriginal and Torres Strait Islander peoples, businesses and communities through our Reconciliation Action Plan. We are also passionate about the environment, diversity, equity and inclusion, and love to give back to charities through the Steadfast Foundation.

    We are proud of our Family Friendly Accreditation as well as and our Work180 Endorsement. We are major sponsors of Women in Insurance, Young Insurance Professionals, Head over Heels, the Dive In festival and are active members of Champions of Change.

    To apply

    We are always on the lookout for great talent, if you are interested in a confidential conversation regarding career opportunities, please email

    We believe that our people are our greatest asset. Our people are chosen for their personalities, their ethics and professional qualities without any exclusion, preferential treatment, or discrimination. We are proud to be an equal opportunities employer and do not discriminate by reason of age, gender, gender identity, race, sexual orientation, nationality, religion or disability or any other difference. We encourage applications from all individuals and will provide appropriate assistance for candidates with disabilities or special needs throughout the recruitment process upon request.

    Seniority level

    Seniority level

    Mid-Senior level

    Employment type

    Employment type

    Full-time

    Job function

    Job function

    Other

    Industries

    Insurance, Financial Services, and Banking

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