It is our vision to connect the insurance community through market-leading technology. Our people are placed at the heart of this, and diversity, equity and inclusion are central to everything we do.
We know the key to achieving success is to enable a positive, inclusive, and collaborative working culture, and, as part of our commitment, we have signed up for a number of pledges and programmes designed to support and nurture our people.
No matter where you sit or which team you are a part of, we want you to know that you contribute in helping us to shape where the company will be in the future. We would love for each employee to be able to talk with pride about our company and, most importantly, consider Open GI to be an inclusive, fun and fulfilling place to work.
We are looking for a high-potential Procurement Analyst to support the delivery of a business-wide procurement and supplier management programme.
This role combines hands-on sourcing with strong analytical and commercial capability. You will support procurement activity end-to-end while providing insight into spend, supplier performance, and cost optimisation opportunities.
You will work across a broad range of third-party spend, partnering with stakeholders to drive value, improve commercial outcomes, and embed structured procurement processes. This is a delivery-focused role with real ownership and visibility across the business.
Your key responsibilities
Sourcing & Commercial Delivery
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Lead and support sourcing activity across a range of third-party spend, both direct and indirect
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Run structured RFQs/RFPs, evaluate, and produce clear award recommendations
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Analyse supplier pricing, cost drivers, and commercial models to ensure value for money
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Support negotiations, driving cost savings and improved commercial terms
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Identify opportunities for demand management, consolidation, and cost optimisation
Spend Analysis & Insight
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Analyse spend data to identify trends, risks, and savings opportunities
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Build and maintain spend baselines across key areas
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Provide data-driven insights to support sourcing decisions and stakeholder discussions
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Support development of category insights where required
Stakeholder Engagement
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Partner with budget holders to shape requirements and sourcing approaches
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Act as a trusted advisor on procurement processes and commercial considerations
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Drive early procurement engagement to maximise value and control
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Influence stakeholders to adopt best practice procurement behaviours
Supplier & Contract Management
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Support onboarding of new suppliers in line with governance and control requirements
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Assist with due diligence, risk checks, and documentation
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Maintain accurate contract and supplier data, including key commercial terms and renewal dates
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Support proactive renewal management and supplier performance tracking
Process, Governance & Control
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Ensure procurement activity aligns with internal policy, approval thresholds, and controls
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Support rollout and continuous improvement of procurement processes and tools
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Maintain audit-ready documentation to support compliance requirements
Reporting & Performance Tracking
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Track and report savings, cost avoidance, and commercial outcomes
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Maintain procurement pipelines, contract registers, and opportunity logs
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Support production of monthly reporting and dashboards
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Highlight risks, issues, and opportunities to leadership
What you’ll need to succeed
Qualifications
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Degree in Business, Finance, Economics, Supply Chain, or a related field, or equivalent practical experience
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Working towards or interest in a professional procurement qualification (e.g. CIPS) desirable
Experience
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2–4 years’ experience in procurement, commercial, or analytical roles
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Experience supporting sourcing activity such as RFQs/RFPs and supplier evaluation
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Exposure to contract and supplier management processes
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Demonstrable experience or strong working knowledge of IT and technology procurement (e.g. SaaS, software licensing, cloud, or managed services)
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Experience working in a fast-paced, stakeholder-driven environment
Skills
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Strong analytical capability with the ability to interpret spend data and pricing models
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Commercial acumen with the ability to identify cost drivers and value opportunities
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Structured approach to sourcing, evaluation, and decision-making
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Confident stakeholder engagement and communication skills
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High level of organisation and attention to detail
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Proficient in Microsoft 365 and standard business tools
Aptitudes
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Proactive and self-starting, with a strong sense of ownership
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Curious mindset with a drive to understand how suppliers and commercial models work
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Comfortable operating at pace and managing multiple priorities
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Pragmatic and solutions-focused approach to problem solving
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Willing to challenge constructively and influence outcomes
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Strong integrity with a focus on governance, control, and doing things the right way
Mission and Values
It is our mission to be both the Technology Partner and Employer of Choice to the UK General Insurance market. Our people are placed at the heart of this and diversity, equality and inclusion are central to everything we do.
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Accountability: We own our actions and shape our success on the results we deliver
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Innovation: We tackle challenges with fresh thinking and bold ideas
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Teamwork: We work together, recognising we can’t do this without each other
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Trust: We build trust on integrity, transparency and mutual respect
We are looking for an individual who embraces our values in their actions, decisions, communications and processes to inspire positivity and, ultimately, exceptional performance.
Benefits package
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Competitive salary dependant on skills and experience
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Company pension
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Bonus opportunity
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Life assurance and critical illness cover
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Cycle to work scheme
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Perkbox – an exclusive platform offering a wide range of discounts and benefits
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Holiday entitlement of 25 days per annum, increasing to 26 days per annum after three years of service & a holiday purchase scheme
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Opportunity for a more flexible approach to start, finish, and lunchtimes to allow you to better manage events outside of work
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Social clubs - whether you’re into your cycling, crafts, or other hobbies, we have a number of groups at Open GI where individuals who enjoy the same pursuits can get together
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Wellbeing – wills at work scheme, employee assistance programme and mental health first aiders
Please note, this is a hybrid position requiring in-office attendance at our Worcester location for a minimum of twice a week.
