Admiral Group is a leading FTSE100 Financial Services company with a presence in eight countries. The company was set up in 1993 as a car insurance specialist, but since then the Group has expanded in other countries and other insurance verticals such as household and travel insurance, loans and price comparison platforms.
The Group Procurement department is responsible for the setting and manging the governance and procurement for Admiral Group, with a direct focus on supporting the UK businesses. The team is a small team, with 8 members of staff, with a focus to identify and deliver value across the supply chain. We work Monday to Friday and boast a wider range of experience and talent within the team and actively share knowledge We love our work, and all have a passion to do well. Communication, collaborative thinking and teamwork is a key part of our day to day work.
Job Purpose
The Group Supplier Risk Manager will provide a fully integrated Supplier Risk Management service to our business, incorporating a high standard of strategic supplier risk oversight and compliance to the key supplier risk standards within our business.
Main Duties
- Acting as the point of contact for the business, whilst being a subject matter expert for all things Supplier Risk Management related.
- Monitor compliance with the local procurement procedures to identify, report and resolve non -compliance.
- Monitoring of all first line supplier risk activities and ensuring they are captured within our core systems.
- Responsibility of the due diligence process, issuing due diligence to suppliers, managing supplier responses and quality checking due diligence.
- Monitoring high risk suppliers and contracts.
- Support business areas in the event of an issue or risk event from the supply chain.
- Working closely with departmental managers to embed supply chain risk management, by coaching, advising on all risk management matters.
- Liaise with key stakeholders ensuring that controls and adequately documented and risks are well understood.
- Engaging and collaborating with relevant functional areas to agree and maintain timetables for specific reviews.
- Monthly reporting on supplier risks for various Working Groups and Committees.
- Continuous review and improvement of supply chain risk, to identify areas of improvements to drive efficacies and protection.
- Helping shape future Supplier Risk Management oversight requirements
- This is not a full definition of the role but covers the main aspects and drivers for success.
What we are looking for:
- Proven experience of Supplier Risk, Third-Party Risk Management Practices and Oversight management.
- A solid understanding of supplier risk management practices
- Sound knowledge of with suppliers
- Intermediate to advanced Excel/ Word/PowerPoint and Agile Tools
- Qualified, or part qualified, Member of the Chartered Institute of Procurement and Supply (CIPS); and/or a related Risk professional body.
- Strong analytical skills
- Good interpersonal skills with strong communication skills
- A determined, self-motivated and resourceful attitude
Salary, Benefits and Work-Life Balance:
We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.
At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're voted no. 1 in the 2019 Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.
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