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IT Strategic Sourcing Director

5 months ago

Union, United States Great American Insurance Company Full time
Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American is looking for Strategic Sourcing Director in our P&C IT Vendor Management Office. The selected candidate will lead a team of Supplier Sourcing and Performance professionals who are responsible for managing the end-to-end sourcing of technology products and services as well as supplier performance, across the organization. This individual will develop and execute sourcing strategies that align with the business objectives and deliver optimal value, quality, and innovation. The ideal candidate will oversee the vendor relationship, contract negotiation, risk mitigation, supplier performance and compliance activities for the IT category, and be a trusted advisor to IT and Business Leadership.

Key responsibilities include:
  • Establishing and maintaining strong partnerships with internal stakeholders, such as IT, Finance, Legal, and Procurement, to understand their needs and expectations, and provide strategic sourcing support and guidance
  • Responsible for managing the day-to-day activities of the IT Vendor Management Office
  • Developing and implementing category-specific sourcing strategies, roadmaps, and best practices that optimize the total cost of ownership, quality, and performance of technology products and services
  • Leading complex and high-value sourcing initiatives, including market research, RFP development, supplier evaluation and selection, contract negotiation, and implementation for Cloud, Hardware, Software/SaaS and Managed Services agreements.
  • Managing and developing a team of sourcing professionals, providing coaching, mentoring, and performance feedback, and ensuring adherence to sourcing policies and procedures
  • Monitoring and managing the performance, risk, and compliance of technology vendors, ensuring alignment with contractual terms and service level agreements, and resolving issues and disputes as needed
  • Identifying and driving continuous improvement and innovation opportunities within the technology category, leveraging market intelligence, industry trends, and emerging technologies
  • Reporting and communicating the results and value of sourcing activities to senior leadership and other stakeholders, using data-driven metrics and analytics
Job Requirements

-Education: Bachelor's degree in Technology, Business, Operations, Finance or related discipline or equivalent experience

-Experience and Qualifications:
  • 10 plus years of experience in strategic sourcing roles, including leadership experience.
  • Proven ability to build relationships with Suppliers and internal Customers
  • Ability to communicate and lead discussions with executive leadership
  • Ability to navigate formal and informal communication and decision making channels
  • Experience working or leading a sourcing, procurement or legal department
  • Sourcing experience in the IT category, i.e. services, software, hardware, SaaS including development of Managed Services agreements for IT services
  • Excellent analytical skills, attention to detail and problem-solving skills
  • Excellent verbal, written and interpersonal communication skills
  • Ability to apply organizational acumen to identify and maintain focus on key success for the organization
  • Securities, Insurance, Financial Services Experience in IT is a plus


-Completion of a professional designation preferred; appropriate designations could include Certified Purchasing Manager (CPM) or Certified Purchasing Sourcing Manager (CPSM).

Business Unit:
Property & Casualty IT Services

Benefits:

We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.