Sourcing Manager - FM & Real Estate

November 7

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Assurant

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specialty insurance • extended service products and related services • renters insurance • lender-placed homeowners insurance • flood insurance

10,000+

💰 Post-IPO Debt on 2023-02

Description

• Responsible for negotiating best possible cost service guarantee and develop “win-win” strategies that achieve sustainable relationships with suppliers for assigned initiatives/agreements • Evaluate supplier core competencies and competitive positioning using industry cost models • Implement supplier agreements/contracts working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions • Research and anticipate shifts in the negotiating power of suppliers within assigned categories • Understand industry trends and evolving technology to help team proactively identify issues to minimize risk, protect continuity of services, and utilize emerging opportunities • Provide input to vendor selection and build ongoing vendor relationships • Maintain and develop supplier relationships (trade shows, supplier meetings, conferences, etc.) • Understand and support short-term and long-range planning and budget development of the company to support strategic business goals • Support established vendor governance program with key suppliers including metrics, performance goals and improvement initiatives • Adhere to Sourcing policies and standard processes while ensuring compliance within the department • Seek to continuously improve productivity and efficiency of processes throughout the Sourcing organization • Support forecasts for future renewals, demand needs, and expansion of services in a timely fashion for assigned category(s) based upon vendor lead-time • Understand the cost drivers in assigned category/market, and challenge traditional thinking by presenting new information • Manage and mentor direct reports encouraging professional growth & development • Oversee staffing/recruiting/training /coaching of direct reports including performance reviews

Requirements

• Bachelor’s degree required • 6+ years’ experience in either Sourcing or Procurement industry • 4+ or more years’ experience category and contract management for outsourcing services or procurement commodity purchases • Cross functional experience at the interfaces of IT/technology/operations/finance/sales/marketing/legal/HR/Real estate & facilities, and the lines of business • Commitment to supplier diversity • Ability to manage projects and accountable to ensure successful delivery (on time, within budget, meeting agreed upon success criteria) • Good knowledge of the legal terminology and language related to third-party agreements and contracts • Advanced skills and working knowledge of MS Office and MS Excel • Must have strong presentation and communication skills • Ability to interact with the mid-levels of executive leadership within Assurant and the supplier