PIB Group is one of the UK’s fastest-growing insurance businesses, and we’re building the commercial infrastructure to match our ambition. As we scale our multi-provider model spanning third-party managed services and strategic partnerships, we need a senior commercial leader who can hold suppliers to account, protect PIB’s interests, and drive real value from our supplier relationships.
This is a Director-level role reporting directly to the COO. You’ll own the end-to-end commercial relationship across our third-party supplier portfolio, lead the Vendor Management Office (VMO), and be the single point of escalation for all supplier performance matters across the Group. It’s a high-visibility, high-impact position for someone who thrives at the intersection of commercial rigour, regulatory accountability, and strategic influence.
What you’ll be doing:
Commercial & contract leadership
- Own all commercial contracts across PIB’s third-party supplier portfolio
- Lead contract negotiations and renewals, ensuring PIB never auto-renews on unfavourable terms
- Drive continuous value and efficiency improvements across supplier contracts
Supplier relationship management
- Act as PIB’s primary relationship owner with all third-party suppliers at account director and board level
- Chair quarterly business reviews and manage escalation for all P1/P2 incidents
- Build credible, commercially robust relationships – suppliers should view PIB as a demanding and serious client
Governance & regulatory compliance
- Ensure all third-party supplier arrangements remain compliant with FCA SYSC 13.9 and Lloyd’s Delegated Authority requirements
- Maintain SMCR accountability mapping and coordinate annual supplier audits
- Present quarterly performance summaries to Core Exec and Apax
What we’re looking for:
- Several years in vendor management or commercial contract management in a regulated financial services environment
- Proven track record negotiating complex third-party supplier contracts at scale
- Working knowledge of FCA SYSC 13.9, SMCR and IDTA obligations
- Confident engaging at C-suite and board level, internally and with supplier account directors
- Commercial sharpness to challenge pricing assumptions and hold suppliers to their contractual commitments
Why PIB Group?
PIB Group is one of the UK’s fastest-growing insurance businesses, offering real career progression, professional development, and a collaborative culture where your work truly matters. We encourage our people to be collaborative, with entrepreneurship at our core. We are a fast-paced, growing organisation and an exciting place to be.
We also value ambition and creative thinking. You don’t have to tick every box to apply, if you bring fresh ideas and a drive to grow, we’d love to hear from you!
Inclusion & accessibility
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation, or any other characteristic protected by law.
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