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Sr Sourcing Manager

Job Title

Sr. Sourcing Manager

Job Overview

Be a part of a world class Global Sourcing team! This individual will be responsible for executing the category strategy and product/service sourcing process, while providing input for continuous process improvement for Assurant Global Sourcing Category. Categories include one or more of the following: Software-as-a-Service (SaaS), facilities, Real Estate, Global Security, HR, Legal, Compliance, Finance and Accounting, Marketing and Business Process Outsourcing.

Job Responsibilities

Category Strategy Execution
•    Conduct strategic studies of various operational areas and vendors assigned to the manager. This includes an in-depth review & assessment of existing operating model, processes, service levels, technology & total cost of operations, identifying synergies and risks along the way & understanding cost metrics associated with same.
•    Define global delivery model solution such that it maximizes the value of the respective deal for Assurant, prevent leakage of value and minimize risks associated with the relationship, ensuring cost savings measures are realized.
•    Work on developing strong financial business case for various strategic opportunities.
•    Work with existing and new suppliers to develop new innovative solutions and validate internal hypothesis of category strategy.
•    Develop strong relationships with stakeholders to embed yourself in their planning process

Global Sourcing
•    Lead complex supplier negotiations requiring understanding of contractual terms and sourcing levers as required.
•    Develop deep expertise of Assurant and services that are being sourced from the supplier in order to develop effective solutions to operational and contractual problems.
•    Serve as supplier and category specific subject matter expert pertaining to delivery of 3rd party services, products, and performance, financial & contract management throughout the life of the relationship.
•    Monitor category environment to keep current on provider and industry trends.
•    Develop the solution design, operational requirement documents, Service Levels, and deal structures with stakeholders.
•    Support all activities associated with the execution and review of contracts. 
•    Make recommendations for ongoing contract language changes to optimize Assurant’s legal position & overall supplier performance increasing the value (and cost savings) to Assurant throughout the life of the agreement and in conjunction with Legal contracts team.
•    In collaboration with the category stakeholder, develop effective negotiating strategies for current contracts and identified opportunities.

Stakeholder Relationship Management 
•    Directly interact with senior leadership of the categories you manage
•    Partner with stakeholders to create and launch tactical implementation plans.
•    Build and maintain excellent relationships with internal clients and colleagues at all levels. Identify and document the business rules needed to be translated into formal process maps, SLAs and KPIs.
•    Manage multiple initiatives and/or programs.
•    Serve as member of cross-functional teams; lead meetings as appropriate and influence line functions.

Basic Qualifications:
•    Minimum Bachelor’s degree from an accredited institution in business, finance, economics, engineering, supply chain or equivalent

•    5 years relevant experience in (a) sourcing/ procurement/ vendor management at large multinational companies or (b) shared services and outsourcing advisory or operational consulting
•    Financial acumen with 3 or more years of experience in roles developing business cases for sourcing programs and/or outsourcing services (client or provider)
•    Hands-on experience in creating/executing/scoring/concluding RFP’s and negotiating complex contracts 

•    Proven track record in outsourcing benchmarking, market analyses and contract negotiations
•    Master knowledge of industry standard / best-in-class contract terms and conditions (T&C), especially around information securing and risk management
•    Advanced problem solving and critical thinking skills in a team environment
•    Excellent interpersonal, facilitation, communication and influencing skills especially with senior level executives
•    Demonstrated ability to function in a team environment and highly matrixed, global environment
•    Strong financial acumen; ability to understand outsourcing impact to P&L, ability to develop complex business cases & continually assess/determine total cost of ownership at both a functional level and supplier level
•    Strong Excel modeling skills and PowerPoint presentation skills
•    Evidence of successful management of large programs and projects

Preferred Qualifications:

•    MBA degree 
•    Proven ability to multi-task
•    Strong oral, written, and organizational skills with attention to detail
•    Independent thinking, good judgment and creative problem-solving skills
•    Self-starter without need for micromanagement
•    Sourcing / procurement experience at large multinational firms
•    Experience in process transformation, cost reduction and global delivery model strategy highly desirable
•    Strong background in working on enterprise wide projects for large complex organizations.

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Helping People Thrive in a Connected World
We work with the world’s top brands to make smart devices simpler. Vehicles last longer. Homes more secure. Problems easier to solve. And we volunteer in communities all over the globe to help the world become a greener, better place. We come from a variety of countries, cultures and backgrounds. But we’re united by our enduring values of common sense, common decency, uncommon thinking and uncommon results. So connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

Our Culture Defined
Our unique culture is a big reason why talented people choose Assurant and why they tend to stay. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We believe that staying on top doesn’t mean sacrificing our values. We believe clarity of vision and a sense of purpose will carry us forward. And we take charge of our own success. We call it The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity or any other characteristic protected by federal, state or local law in employment decisions.

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