Strategic Sourcing Manager

2 months ago

Schaumburg, Illinois, United States Zurich Insurance Company Ltd. Full time

Zurich North America is currently hiring a Strategic Sourcing Manager and this person will report to a Senior Sourcing Manager within Zurich North America Sourcing and Procurement. This person can work in our Schaumburg North America HQ in a hybrid schedule.

The Strategic Sourcing Manager is responsible for developing strategies to improve cost structure. This resource will optimize external spend through early involvement in the sourcing lifecycle developed through strong partnership with business stakeholders. The Strategic Sourcing Manager is responsible for identifying opportunities to aggregate demand to drive value. The Strategic Sourcing Manager should have knowledge of category management practices, experience in negotiating complex contract/agreements, vendor management skills and demonstrated expertise cross-categorically.

The job's core deliverables rely on delivering service to internal clients, usually at the executive or Sr. Management level. Includes using subject matter expertise to address advanced, high-level questions and issues.

Key Accountabilities:

  • Lead negotiations for complex contract requests (Master Service Agreements (MSA), Statement of Work (SOW), Non-Disclosure Agreements (NDA), Amendments, etc
  • Propose and lead initiatives to drive ongoing evolution of sourcing frameworks, processes and best practice
  • Support the development of sourcing strategies and supplier account plans with the input of analysis and insight.
  • Research sourcing solutions and best practice, along with leading initiatives to drive ongoing evolution of tools and processes to improve performance and delivery of sourcing services.
  • Collaborate with Senior Leaders to manage and execute defined Sourcing Plans through the development and distribution of RFx's (RFI, RFQ, RFP), vendor communication and development of vendor selection criteria
  • Research sourcing / procurement / vendor management best practice and propose and lead initiatives to drive ongoing evolution of tools and processes to improve performance.
  • Act as technical expert supporting the business in order to contribute to continuous improvement of sourcing / procurement / vendor management services to stakeholders.
  • Manage the ongoing performance of our suppliers including setting objectives and service level agreements (SLAs), tracking and reporting KPI performance, supplier scorecards, and prioritizing and leading improvement efforts where warranted

Basic Qualifications:

  • Bachelor's Degree and 6 or more years of experience in the Procurement area OR
  • High School Diploma or Equivalent and 8 or more years of experience in the Procurement area OR
  • Zurich Certified Insurance Apprentice including an Associates Degree and 6 or more years of experience in the Procurement area AND
  • Project Management experience
  • Supply Chain experience
  • Contract negotiation experience
  • Source to contract experience

Preferred Qualifications:

  • Bachelor's Degree in Business Administration, Finance, Accounting, Legal Studies or Supply Chain Management
  • Vendor management experience
  • Strong verbal and written communication skills
  • Strong influencing and persuasion skills
  • Project management skills
  • CPM, CPSM, or PMP

As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ).

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

Location(s): AM - Schaumburg

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-MG1 #LI-ASSOCIATE

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