Sourcing Manager Professional Services IT at AIG

Dublin, County Dublin, Ireland

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

10+ years of experience in sourcing and negotiating professional services IT agreements in a similar industry
Bachelor’s degree focused in related area (Business, Supply Chain)
Significant experience drafting, negotiating and managing supplier agreements in professional services IT category
Strong issue spotting skills and ability to identify, advocate and educate stakeholders regarding different potential outcomes and suggestions to resolve those issues
Demonstrated leadership of complex supplier contracting and strong ability to influence others with excellent written and verbal communication skills
Deep knowledge of best in class Sourcing, Contracting and Vendor Management processes

Responsibilities

Execute on the overall category strategy and lead the sourcing process for professional services IT in partnership with IT executive leadership
Drive/own all aspects of complex strategic sourcing processes in category covering IT, including leading contract negotiations of business and pricing terms and conditions
Conduct research and provide benchmark data on pricing and/or other key terms and conditions
Facilitate RFPs
Work with internal business partners to develop negotiations strategies, objectives and plans
Establish strong relationships with IT leadership and business stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned spend categories
Keep up to date with trends and best practices for professional services IT suppliers, including monitoring the supplier landscape and relevant regulatory changes impacting professional services IT category
Build and lead an enterprise global strategic supplier and develop the professional services AIG Vendor Management strategy, program for each of assigned suppliers, and roadmap to support ongoing vendor management initiatives across AIG, including periodic executive briefings, vendor reviews, risk management, vendor compliance, performance management, issue resolution, service delivery, and cost optimization

Skills

Strategic Sourcing

Contract Negotiation

RFP

Benchmarking

Stakeholder Management

Procurement Strategy

Category Management

Pricing Analysis

IT Procurement

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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