Strategic Sourcing Manager, Corporate Services and Real Estate at AIG

Atlanta, Georgia, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelor's degree in Business, Supply Chain Management, Engineering, Real Estate, or a related field required; MBA or other advanced degree in a relevant area (e.g., Supply Chain Management, Real Estate Development) preferred
7+ years of progressive experience in strategic sourcing, category management, or procurement, with a strong focus on Corporate Services and Real Estate
Demonstrated ability to analyze complex data sets, interpret market trends, develop insightful cost models, and formulate data-driven sourcing strategies
Proven track record of successful negotiation, securing optimal terms and conditions, and meticulous contract management, including risk mitigation and ensuring compliance
Deep understanding of market dynamics, industry trends, and best practices specific to Corporate Services and Real Estate categories, including facilities management, lease negotiations, property acquisition/disposition, construction services, and workplace solutions
Exceptional communication, influencing, and interpersonal skills, fostering strong collaborative relationships with internal stakeholders with the ability to present complex information clearly and concisely
Proficiency in sourcing and procurement software and tools (e.g., SAP Ariba)

Responsibilities

Develop and implement comprehensive, data-driven category strategies for Corporate Services and Real Estate, including areas such as facilities management, property acquisition/disposition, lease negotiation, construction services, and workplace solutions, aligning these strategies with overall business objectives and financial targets
Conduct in-depth market research and analysis to identify emerging trends, market shifts, potential risks, and optimization opportunities within Corporate Services and Real Estate
Manage the full lifecycle of sourcing initiatives, including conducting RFx processes, evaluating supplier capabilities, negotiating complex contracts, and managing supplier selection to achieve optimal cost, quality, and service levels
Partner with cross-functional teams to understand their needs, drive alignment, and ensure sourcing strategies support broader business goals and initiatives, including sustainability and diversity targets
Negotiate and manage high-value supplier contracts, ensuring strict adherence to company policies, legal requirements, and industry regulations
Drive continuous improvement initiatives within sourcing processes, tools, and reports, leveraging best practices, process mapping, and potentially methodologies like Six Sigma, Lean, or Agile to enhance efficiency and effectiveness
Develop strong relationships with key suppliers and internal stakeholders, fostering long-term partnerships and driving mutual value creation
Monitor and report on key performance indicators (KPIs), including cost savings, supplier performance, compliance, and risk mitigation efforts

Skills

Strategic Sourcing

Category Strategy

Market Research

RFx Processes

Supplier Evaluation

Contract Negotiation

Supplier Management

Facilities Management

Lease Negotiation

Property Acquisition

Construction Services

Data Analysis

Sustainability

Supplier Diversity

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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