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Senior Procurement Category Specialist
2 months ago
Exciting Opportunity in Category Management
- Work Arrangement: Hybrid
- Compensation: Competitive salary range
Overview
A prominent player in the financial services sector is seeking a skilled Category Manager to enhance their Strategic Sourcing division, focusing on the claims services category.
This position is dedicated to crafting and executing strategies for managing expenditures related to claims services. The selected candidate will be responsible for leading strategic sourcing initiatives, implementing best practices, and negotiating contracts. This role operates independently, providing significant autonomy and exposure to senior management.
Key Responsibilities:
- Develop and nurture relationships with both new and existing suppliers within the designated spend category.
- Oversee the complete lifecycle of expenditures and work collaboratively with the sourcing delivery team to implement innovative solutions.
- Serve as a subject matter expert for business leaders, defining best practices, identifying new opportunities, and setting KPI targets.
- Manage end-to-end sourcing events effectively.
- Draft and evaluate contracts to ensure they meet high-quality standards.
- Collaborate with various teams within the Claims organization.
Qualifications:
- Minimum of 5 years of experience in corporate sourcing or procurement.
- Proven experience in sourcing and negotiating contracts.
- Background in the insurance industry or direct experience with claims-related expenditures.
- Experience leading strategic sourcing processes and contract negotiations.
- Familiarity with Continuous Improvement and Lean Six Sigma methodologies.
- Experience with procurement tools such as Coupa or Ariba.
- Bachelor's Degree required; advanced degrees or certifications in purchasing management are highly desirable.