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Technology Sourcing Manager

Company Description

Legal & General is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, aiming to build a better society for the long term by investing our customers’ money in things that make life better for everyone and create value for our shareholders.

Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. 

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

Job Description

We’re recruiting for a Technology Sourcing Manager to join our Procurement function in London. 

Our Group Procurement team launched a 3 year transformation strategy in 2023 and secured investment in people and systems to deliver the vision of creating a Procurement Centre of Excellence for Legal and General. We are embedding category management and innovative sourcing strategies, and partnering with stakeholders to become a strategic enabler for the business. It’s an exciting time to join our team and be part of the transformation.

As a Technology Sourcing Manager, you will be supporting the Category Lead to drive efficient sourcing activities in the technology division, leading key strategic sourcing projects across the entire technology landscape. 

The team work flexibly and prioritise engagement and collaboration with colleagues to ensure great business partnering and best outcomes. A typical working week is two days in an office/supplier location and three days at home.

    What you'll be doing:

    • Managing procurement activities across various categories including IT, marketing, property, and workplace
    • Collaborating with cross-functional teams to drive strategic procurement initiatives
    • Supporting the development and implementation of procurement strategies
    • Engaging in supplier negotiations and contract management
    • Ensuring compliance with procurement policies and procedures
    • Contributing to the continuous improvement of procurement processes and tools
    • Providing guidance and support to junior team members
    • Participating in the transformation and optimisation of supply spend

    Qualifications

    Who we're looking for:

    • Experienced procurement professionals with a background in various categories
    • Candidates with a strong technological procurement background
    • Team players with strong collaboration and communication skills
    • Professionals who are committed to excellence and continuous improvement
    • People who are passionate about driving positive change and innovation

    Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: 

    • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes  
    • Generous pension contribution  
    • Life assurance   
    • Private medical insurance (permanent employees only) 
    • At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday 
    • Competitive family leave 
    • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice 
    • There are the many discounts we offer – both for our own products and at a range of high street stores and online   
    • In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

    Additional Information

    Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

    We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

    If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

    We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

    If you’re open to find out more, we'd love to hear from you.

    What You Should Know About Technology Sourcing Manager , LegalAndGeneral

    Join Legal & General as a Technology Sourcing Manager at our bustling Coleman St location in the heart of London! We're on an exciting journey, having initiated a transformative strategy in our Procurement function to create a Procurement Centre of Excellence. As a Technology Sourcing Manager, you’ll play a critical role in optimizing our technology procurement processes. Your collaboration with cross-functional teams will allow you to lead strategic sourcing projects, ensuring we drive value across IT and related categories. The role also offers the opportunity for engaging supplier negotiations and contract management, fostering an environment of teamwork and innovation. We’re not just about meeting business needs; we aim to build strong partnerships that create meaningful outcomes. With a flexible working model, you’ll enjoy two days onsite to drive engagement while having three days to work from home. If you’re a passionate procurement professional who excels in a collaborative setting, this is your chance to contribute to our mission of protecting our customers’ financial futures while being rewarded with an attractive benefits package, including performance bonuses and generous holiday leave. Come and be a part of our team dedicated to driving positive change in the financial services sector!

    Frequently Asked Questions (FAQs) for Technology Sourcing Manager Role at LegalAndGeneral
    What are the responsibilities of a Technology Sourcing Manager at Legal & General?

    As a Technology Sourcing Manager at Legal & General, your responsibilities include managing procurement activities across various categories like IT and marketing, leading strategic sourcing initiatives, engaging in supplier negotiations, and ensuring compliance with procurement policies. Additionally, you'll collaborate with cross-functional teams, contribute to continuous improvement efforts, and support junior team members in the procurement process.

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    What qualifications are needed for the Technology Sourcing Manager position at Legal & General?

    To excel as a Technology Sourcing Manager at Legal & General, candidates should have experience in procurement with a strong background in technology sourcing. A commitment to excellence, continuous improvement, and effective collaboration are essential. Strong communication skills and a passion for driving innovation in procurement strategies will greatly enhance your candidacy.

    Join Rise to see the full answer
    How does Legal & General support its Technology Sourcing Managers in their roles?

    Legal & General supports its Technology Sourcing Managers by providing an environment focused on collaboration and engagement. With access to professional development opportunities, performance-related bonuses, generous pension contributions, and a welcoming culture, you’ll receive comprehensive support to excel in your role and advance your career within the company.

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    What is the work environment like for a Technology Sourcing Manager at Legal & General?

    The work environment for a Technology Sourcing Manager at Legal & General encourages flexibility, collaboration, and innovation. You can expect to spend two days in the office and three days at home, allowing for a great work-life balance while still engaging closely with colleagues and stakeholders to drive procurement excellence.

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    Can a Technology Sourcing Manager at Legal & General participate in performance-related bonuses?

    Yes, Technology Sourcing Managers at Legal & General can participate in an annual performance-related bonus plan. This is part of our commitment to reward performance and behavior that aligns with our values, providing you with meaningful incentives as you contribute to the company’s success.

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    Common Interview Questions for Technology Sourcing Manager
    What strategies would you use to manage procurement across various categories?

    When managing procurement across various categories, it's vital to adopt a category management approach, leveraging data analytics to assess spend trends, supplier performance, and market conditions. Additionally, fostering strong relationships and communication with stakeholders will ensure alignment and collaborative goal-setting.

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    How would you handle a difficult negotiation with a supplier?

    Handling difficult negotiations requires preparation and understanding. Start by researching the supplier's needs and motivations, then frame your objectives clearly and use active listening during discussions to find common ground. Building rapport can lead to mutually beneficial outcomes.

    Join Rise to see the full answer
    Can you describe a successful sourcing project you have managed?

    In describing a successful sourcing project, focus on what made it effective, such as a strategic approach, collaborative teamwork, and positive supplier relationships. Highlight the outcomes, including cost savings, improved service delivery, or successful innovation implementation.

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    How do you ensure compliance with procurement policies?

    Ensuring compliance with procurement policies involves staying well-informed about regulations and guidelines. Regularly reviewing processes, providing training to the team, and consistently monitoring supplier contracts help maintain compliance and mitigate risks.

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    Describe a time when you helped improve a procurement process.

    In discussing how you improved a procurement process, detail the specific challenges faced and the innovative solutions you implemented. This could include automating workflows, streamlining communication, or leveraging technology to enhance efficiency.

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    What role does technology play in your procurement strategy?

    Technology plays a crucial role in procurement strategy by enabling data analysis, enhancing supplier communication, and automating repetitive tasks. Utilizing tools like procurement software can help achieve transparency and efficiency throughout the sourcing process.

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    How do you prioritize multiple projects and tasks?

    To prioritize multiple projects and tasks, I utilize a systematic approach that includes setting clear objectives, assessing project urgency and impact, and employing project management tools to keep track of deadlines and team responsibilities.

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    What do you think is the biggest challenge facing procurement professionals today?

    One of the biggest challenges facing procurement professionals today is adapting to rapid technological advancements and shifting market dynamics. Staying agile while also managing cost pressures and supplier relationships is pivotal for success in this landscape.

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    How do you build effective relationships with suppliers?

    Building effective relationships with suppliers involves active engagement, regular communication, and transparency. Understanding their challenges, being responsive to their needs, and recognizing their contributions generously can significantly strengthen these partnerships.

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    Why do you want to work at Legal & General as a Technology Sourcing Manager?

    When asked why you want to work at Legal & General, it’s best to express alignment with the company’s values in safeguarding financial futures and the exciting opportunity presented by their transformation strategy. Highlight your enthusiasm for contributing to a culture of innovation and collaboration.

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    DATE POSTED
    March 3, 2025

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