[Remote] Procurement Process Excellence Lead at Humana

Kentucky, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field
7+ years’ experience in procurement, sourcing, contracting

Responsibilities

Develop, maintain, and enforce procurement policies, procedures, and standards in alignment with company requirements; manage process documentation, policies, and procedures; ensure timely updates and communication
Monitor and audit procurement activities to ensure compliance with company policies, contractual obligations, and regulatory requirements
Collaborate with internal business partners and stakeholders, including Legal, Finance, IT, Audit & Risk Management, and business units, to ensure alignment with enterprise objectives
Optimize procurement processes, continuously assess and improve procurement processes, policies, and systems to enhance efficiency, reduce costs, and ensure compliance with industry standards and regulatory requirements
Identify, evaluate, and implement automation and digitalization opportunities within procurement
Champion continuous improvement methodologies such as Lean, Six Sigma, or Agile within procurement operations
Lead process assessment, redesign, and standardization initiatives to improve procurement efficiency, quality, and compliance
Own Procurement Issues and Opportunities (“IOPs”) portfolio consisting of identified process improvements, audit findings, and work towards resolution by developing and implementing mitigation strategies and improvements
Support audits, risk assessments, and mitigation plans related to procurement activities
Develop and monitor key performance indicators (KPIs, such as policy compliance rates, spend under management, audit findings) for procurement processes, and drive data-driven decision-making
Report on process improvement outcomes and make recommendations for future enhancements
Provide leadership, coaching, and guidance to procurement teams on process excellence principles
Facilitate change management and training programs to support adoption of new procurement processes and tools

Skills

Procurement

Process Improvement

Governance

Policy Development

Compliance

Controls

Auditing

Change Management

Category Management

Sourcing

Contracting

Supplier Management

Analytical Skills

Cross-functional Collaboration

Transformation Initiatives

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Louisville, KentuckyHeadquarters

1961Year Founded

IPOCompany Stage

Social Impact, HealthcareIndustries

10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.

Rising medical costs and tightening Medicare reimbursements may strain financial performance.

Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.

The company emphasizes inclusivity, offering free language interpreter services for accessibility.

Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.

The company is the first insurer to cover TMS therapy for adolescent depression.

Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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