Senior Manager Procurement
Origis EnergySalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries
Requirements
- Minimum Bachelor’s degree from an accredited institution in business, finance, economics, engineering, supply chain or equivalent work experience
- 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 negotiation
Responsibilities
- Conduct strategic studies of various operational areas and suppliers assigned to the manager, including in-depth review & assessment of existing operating model, processes, service levels, technology & total cost of operations, identifying synergies and risks, and understanding cost metrics
- Define global delivery model solution to maximize value for Assurant, prevent erosion of value, minimize risks, and ensure cost savings are realized
- Develop strong financial & operating 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 in their planning process
- Lead complex RFx and supplier negotiations requiring understanding of contractual terms and sourcing levers
- Develop deep expertise of Assurant and services sourced from suppliers 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 relationship
- Monitor category environment to keep current on provider and industry trends
- Develop 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 value and cost savings throughout the agreement, in conjunction with Legal contracts team
- In collaboration with category stakeholder, develop effective negotiating strategies for current contracts and identified opportunities
- Directly interact with senior leadership of the categories managed
- 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 business rules to translate 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
Skills
Category Strategy
RFx
Supplier Negotiations
Contract Management
Financial Analysis
Stakeholder Management
Risk Assessment
Global Sourcing
Assurant
Provides risk management and insurance solutions
About Assurant
Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach helps clients minimize financial losses from unexpected events. Assurant generates revenue through the sale of insurance policies, service contracts, and repair services. Unlike many competitors, Assurant emphasizes diversity, equity, and inclusion within its corporate culture, which enhances its ability to serve a diverse customer base. The company's goal is to support consumers and businesses in maintaining their day-to-day operations while protecting their investments.
New York City, New YorkHeadquarters
1892Year Founded
IPOCompany Stage
Financial Services, Consumer GoodsIndustries
10,001+Employees
Benefits
Health Insurance
Hybrid Work Options
Professional Development Budget
Risks
Integration challenges from acquiring iSmash may affect operational efficiency.
Regulatory scrutiny from acquiring American Lease Insurance could pose compliance challenges.
Cultural clashes from acquiring American Financial & Automotive Services may impact operations.
Differentiation
Assurant specializes in risk management for mobile devices and electronics globally.
The company offers insurance, service contracts, and repair services for high-value items.
Assurant's DEI commitment fosters innovation and enhances customer understanding.
Upsides
Increased demand for mobile device insurance due to remote work trends.
5G expansion drives demand for new devices and related insurance products.
Acquisition of iSmash enhances Assurant's tech repair service capabilities.
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