Technology & Data Procurement Manager
RenaissanceRe · London, United Kingdom · 2mo ago
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
POSITION SUMMARY:
The Technology & Data Procurement Manager will contribute to strategic commercial engagement while also supporting practical procurement delivery and sourcing activities where required across Technology, Data and related vendor categories. The role will support both ongoing vendor and renewal activities, and
the phased development of Procurement’s broader category management, commercial governance and enterprise vendor management capability.
This role will work closely with Procurement leadership to help improve commercial visibility, renewal coordination, vendor governance and enterprise leverage across strategically important vendor relationships. This role extends beyond traditional transactional IT Procurement activities and requires a balance of commercial capability, stakeholder engagement and practical procurement delivery experience.
The Technology & Data Procurement Manager combines commercial engagement with practical procurement delivery responsibilities across Technology and data-related vendor activities. The focus includes vendor coordination, sourcing support, renewals, commercial negotiations and contributing to the long-term development of Procurement capability across the organization.
PRINCIPAL ACCOUNTABILITIES:
Strategic Vendor & Commercial Management
- Support commercial engagement across strategic Technology, Data and related vendor categories
- Lead or support complex renewals, negotiations and commercial structuring activities
- Support sourcing, procurement and vendor engagement activities across Technology and Data-related business and stakeholder groups
- Improve visibility of vendor commitments, renewal timelines and pricing exposure
- Support vendor consolidation and enterprise leverage opportunities
- Help manage commercial risk relating to vendor concentration, contract structures and long-term pricing exposure
- Contribute to improved commercial governance across strategically important vendor relationships
Category & Commercial Strategy
- Support development of category approaches across Technology and Data spend areas
- Contribute to pricing analysis, benchmarking and commercial governance activities
- Support future-facing procurement approaches relating to SaaS, AI, data and platform vendors
- Assist in establishing scalable vendor governance and commercial management practices
- Help shape Procurement engagement models across strategic vendor ecosystems
Procurement capability build
- Contribute to development of Procurement operating standards and category engagement models
- Support creation of vendor, renewal and opportunity visibility frameworks
- Participate in procurement technology roadmap and workflow evolution discussions
- Help embed Procurement earlier into strategic vendor decision-making processes
- Support broader operating model and Procurement maturity initiatives as the capability evolves
Stakeholder engagement
- Partner with Technology, Architecture, Finance, Legal and business leadership teams
- Provide commercially pragmatic procurement support to business stakeholders
- Support balanced commercial decision-making without disrupting business agility
- Help align vendor strategy with broader enterprise priorities
- Build trusted relationships across business and technology stakeholder groups
- Support commercially pragmatic decision-making within evolving governance structures
EXPECTED COMPETENCIES:
- A university degree
- A professional accounting designation (e.g. CIPS -Chartered Institute of Procurement & Supply) is preferred, not required.
- Approximately 8–12 years relevant experience within Technology Procurement, Data Procurement, strategic sourcing or enterprise vendor management environments – including hands-on procurement delivery and commercial engagement activities.
- Deep experience within insurance, reinsurance or complex regulated financial services environments strongly preferred
- Strong commercial understanding of enterprise technology and data vendor environments
- Experience supporting software, SaaS, platform or strategic vendor negotiations
- Comfortable operating within evolving structures and partially mature governance environments
- Strong stakeholder management and relationship-building capability
- Commercially pragmatic with strong analytical capability
- Interested in helping build and mature Procurement capability over time
- Broader commercial and stakeholder engagement experience preferred in addition to sourcing capability
- Strong communication capability across Technology, Finance and business stakeholder groups
- Comfortable operating within ambiguity and change
- Self-directed and capable of establishing structure where limited precedent exists
- Commercially pragmatic and strategically minded
- Strong relationship builder and influencer
- Able to balance strategic thinking with operational execution
- Comfortable operating across competing priorities and evolving structures
- Curious, adaptable and enterprise-oriented in approach
- Interested in growing with the Procurement capability as it matures
We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Additional Information:
Business Development:
RenRe is establishing a scalable global Procurement capability designed to improve enterprise visibility, commercial coordination, vendor governance and strategic management of external spend across the organization.
Candidate Profile:
The position is well suited to a commercially minded individual who combines strong stakeholder engagement capability with the adaptability and pragmatism required to help build scalable Procurement capability over time.
What Success Looks Like
- Improved commercial outcomes across strategic Technology and Data vendor engagements
- Technology & Data stakeholders experience practical, commercially effective and responsive procurement support
- Better visibility of vendor commitments, renewals and commercial exposure
- Earlier and more consistent Procurement involvement in strategic vendor decisions
- Reduced fragmentation across Technology and Data vendor management activities
- Stronger enterprise leverage across strategic vendors and commercial relationships
- Procurement increasingly viewed as a strategic commercial partner to the business
- Foundational category and commercial governance capability established to support future Procurement maturity and scale-up
We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.