Procurement Heads are partnering with a market-leading insurance company to support with the appointment of a Vendor Manager. This is a newly created role, leading the management of a handful of business-critical, Tier-1 IT suppliers. Experience with the assurance associated with IT vendors will be key as this role works to increase the value the business gets from these suppliers. Experience of working within a heavily regulated/audited environment is desired. After having a the best year yet last year, this role represents one of many new positions that the organisation is investing in, so it's a great time to be joining The role will be based in the Southampton office, with flexibility to work remotely. Main Responsibilities: To oversee SaaS vendor performance, developing and managing supplier relationships to protect business interests and ensure costs reflect fair market value Develop and maintain SaaS assurance models for vendors within the allocated portfolio, supporting areas such as Information Security, Compliance and Data Governance Ensure any negotiation of commercial terms for strategic IT contracts provides beneficial outcomes for the business and the customer Provide subject matter input to facilitate commercial terms discussions and value of contracts alongside or supporting the Central Procurement Team as appropriate Maintain an awareness of innovation and opportunities in the SaaS Vendor market, translating these into strategic business outcomes Identify and report of risks associated with existing or potential SaaS vendors Build effective strategic relationships with SaaS vendors ensuring sustainable business value is achieved Benefits of the SaaS Vendor Manager: Up to £60,000 salary Flexible hybrid working policy A minimum of 35 days holiday (inc. bank holidays) Annual bonus schemes Competitive private pension contribution Health benefits include dental insurance and health cash plan 16 weeks of full pay for maternity/paternity/adoption entitlement Life insurance and critical illness cover Retail discounts and Tech schemes