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Sourcing Manager

  • Atlanta / Georgia Virtual / Texas Virtual / South Carolina Virtual / Mississippi Virtual / Missouri Virtual / Alabama Virtual / Tennessee Virtual / Illinois Virtual
  • R-94709
  • Finance Staff
  • Full Time
  • Added

Assurant is growing and we are seeking employees who adhere to our core values and continued success! As the Sourcing Manager, you will be responsible for supporting the overall sourcing team and will support senior managers/directors. This will include strategy development, sourcing expertise, category management, and governance of complex vendors. 

The Sourcing Manager will provide critical services to the overall procurement team and will require attention to detail, data manipulation capabilities, & exceptional presentation skills.  This will include collaboration with Business Relationship Managers, Directors, and project stakeholders through an end-to-end sourcing process.

Primary Responsibility :

  • Supporting team members in conducting strategic assessment and developing solution design for new sourcing initiatives or restructuring the solution for existing initiatives
  • Develop a solid financial business case for various strategic opportunities
  • Contribute to the development of innovative solutions and validate internal hypotheses with suppliers
  • Have exposure to complex supplier negotiations and assist the senior project leader in the execution of supplier negotiations
  • Analyze large quantities of data to identify and develop strategic sourcing initiatives that fit the overall procurement scope
  • Collaborate with Business Relationship Managers (BRM) of business / functional areas to ensure BRMs maximize customer relationship opportunities to increase Managed Spend.

Supplier Governance

  • Work with senior members to lead, implement, and continuously improve supplier governance details, including Contract, Financial, Performance, and Relationship Management
  • Develop deep expertise of Assurant and services that are being outsourced to the supplier and develop practical solutions to operational and contractual problems
  • Collaborate with Sourcing, Legal, IT, Risk and Compliance to develop effective negotiating strategies for supplier contracts
  • Ensure governance and value tracking processes for assigned suppliers are effective and in compliance with Assurant’s policies and alignment with established category strategies
  • Manage supplier performance, outsourcing portfolio, and opportunity catalog across a potentially vast array of supplier services and outsourced functions
  • In collaboration with other team members, support all activities associated with RFP creation, supplier selection processes, and the execution and review of supplier contracts 
  • Ensure governance and value tracking processes for assigned suppliers are effective and in compliance with Assurant’s policies
  • Work on complex issues where analysis of situations or data requires an in-depth knowledge of Assurant and the supplier
  • Orchestrate and facilitate governance meetings between senior leadership from Assurant and service provider leadership. Develop and manage the agenda for these discussions such that it creates meaningful and valuable engagement on both sides
  • Organize and lead periodic business review meetings between Assurant and suppliers’ executive team to evaluate supplier performance and risk
  • Maintain current industry regulation knowledge for category strategies and supplier management
  • Serve as supplier-specific subject matter expert on the delivery of services and performance, financial and contract management throughout the life of the relationship
  • Develop and manage issue and risk action and mitigation plans
  • Contribute to continuous improvement in supplier governance
  • Monitor category and supplier environment to keep current on provider and industry trends
  • Perform supplier relationship management activities
  • Identify new best practices in sourcing stakeholders/Relationship Management
  • Partner with stakeholders to create and launch tactical implementation plans Interact with internal and external customers
  • Build and maintain excellent relationships with internal clients and colleagues
  • Serve as member of cross-functional teams, lead meetings as appropriate and influence business and corporate functions

Stakeholder/Relationship Management

  • Partner with stakeholders to create and launch tactical implementation plans
  • Interact with internal and external customers
  • Build and maintain excellent relationships with internal clients and colleagues
  • Serve as member of cross-functional teams; lead meetings as appropriate and influence business and corporate functions

  Required skills, experience, and knowledge

  • Minimum Bachelor’s degree from an accredited institution Professional Experience: 
  • One (1) year relevant experience either in sourcing/procurement/ vendor management at large multinational companies or shared services and outsourcing advisory or operational consulting
  • Financial acumen with three or more years of experience in roles involving creating a complex business case for outsourcing services (client or provider)
  • Hands-on experience in negotiating complex contracts Knowledge and Skills

Desired skills, experience, and knowledge

  • Proven track record in benchmarking, market analyses, and contract negotiations
  • Advanced problem solving and critical thinking skills in a team environment
  • Experienced working with cross-functional global teams
  • Proven negotiation and influencing skills
  • Excellent interpersonal, facilitation, communication, and influencing skills, especially with senior-level executives
  • Demonstrated ability to function in a team environment and highly matrixed environment
  • Strong financial acumen with the ability to understand outsourcing impact to P&L. As well as the ability to develop complex business cases & continually assess/determine the total cost of ownership at both a functional level and supplier level
  • Excel modeling and PowerPoint presentation skills
  • Evidence of successful management of large programs and projects

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