Department: Operations
Employment Type: Permanent - Full Time
Location: UK (London)
Procurement Manager / Senior Facilities Manager & Procurement Manager
London
Hybrid, two days in office
Permanent
We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd’s, Europe and North America.
Due to growth, we are looking for our first Senior Facilities & Procurement Manager to establish and lead our procurement function from the ground up. This is a unique opportunity to design and implement procurement frameworks, introduce best-in-class supplier governance and drive commercial value across the business.
A key focus of this role will be IT services and technology procurement, ensuring robust supplier management, cost optimisation and governance across critical technology and infrastructure services.
• Build and implement a fit-for-purpose procurement framework, including policies, controls and governance.
• Conduct spend analysis to identify opportunities, with a particular focus on IT services, infrastructure, and digital suppliers.
• Lead supplier negotiations across key categories, especially IT services (managed services, SaaS, infrastructure, cyber).
• Establish supplier due diligence processes and maintain a central supplier register.
• Manage contract lifecycle (negotiation, renewal, compliance, documentation).
• Drive cost efficiencies and value improvement across the supplier base.
• Partner with IT and senior stakeholders to shape sourcing strategies for technology solutions.
• Evaluate and negotiate contracts with IT vendors, ensuring scalability, security and value.
• Support vendor selection for systems, tools and outsourcing arrangements.
• Ensure compliance with regulatory expectations around third-party technology risk and outsourcing.
• Introduce best practices in IT supplier governance and performance management.
• Support audit, regulatory and board-level reporting on supplier risk and performance.
Facilities & Operational Oversight
• Oversee facilities management across UK and international offices.
• Manage vendors for office services, ensuring compliance and operational efficiency.
• Support office projects (relocations, refurbishments and fit-outs).
• Right to work in this location
• Proven experience in procurement or supply chain, ideally within financial services, insurance or professional services.
• Strong track record in IT procurement (managed services, SaaS, infrastructure, cloud).
• Experience building or transforming procurement functions.
• Strong commercial and negotiation skills.
• Knowledge of third-party risk, outsourcing, and regulatory requirements (e.g., FCA/PRA).
• Ability to engage and influence senior stakeholders across business and IT teams.
• CIPS qualification (or working towards).
• Experience across multiple international jurisdictions.
Compre is a global speciality reinsurance company that offers capital and liability solutions to its clients, providing them with the certainty they need on their portfolios. We are known for being trusted partners to the market and for having a team of experts who collaborate and maintain discipline in underwriting, ensuring a differentiated client experience. As an ambitious business, we are focused on building depth, breadth, and diversity in the talent across our business to be future-ready. Our clients' needs evolve as the market changes, which is why we continuously invest in areas such as data and technology. This way, we can serve current and future clients' needs with scalable and new technology, delivered by our growing agile Data and Technology team.
Why join us? At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US. To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement. We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at Compre.Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying: · competitive salary & annual bonus· a health & wellbeing subsidy (£20 per month) (from Day 1)· a generous pension (eligible after probationary period)· private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)· life assurance (from Day 1)· income protection (from Day 1)· 25 days annual leave (from Day 1)· cycle to work scheme (from Day 1)· season ticket loan (interest free) (eligible after probationary period)· electric vehicle scheme (eligible after probationary period)· EAP (Employee Assistance Programme) (from Day 1)· learning/study support and reimbursement for professional memberships· hybrid working· employee socials and recognition programme
Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of insurance and reinsurance companies and portfolios in run-off. Compre is a business with operations in Finland, Germany, Malta, Bermuda, Switzerland the US, and UK. We have local relationships with counterparties across the whole of Europe and North America.
Our key objective is to secure legal, financial and operational finality for insurers and reinsurers seeking to exit their legacy exposures. We aim to do this using a collaborative approach that ensures our solutions get to the heart of the problems that our counterparties face.
Track Record
Compre completed its first run-off company acquisition in 1994 and to date has completed:
• 11 company acquisitions in Finland, Germany, Sweden, Switzerland and the UK
• 34 individual business portfolio acquisitions in Belgium, Denmark, Finland, France, Germany, Luxembourg, Ireland, Portugal, Norway, Sweden, and the UK.
The companies we have acquired business from include: Allianz, Axa, Generali, Gjensidige, HSBC, QBE and Swiss Re.
We have been consistently trusted by major financial institutions for over 30 years to deliver complex finality solutions and manage their future claims.
