Transamerica · 5 months ago
Lead Strategic Procurement Advisor
Cedar Rapids, Iowa
Full-time
Hybrid
Senior Level, Lead/Staff
$100K/yr - $120K/yr
7+ years expTransamerica is a financial services company dedicated to helping people live their best lives. The Lead Strategic Procurement Advisor will operate independently to ensure procurement aligns with governance frameworks and divisional objectives, focusing on category procurement, contract negotiation, and supplier management support.
Financial ServicesImpact InvestingInsurance
Responsibilities
Recommend, implement category procurement and commodity sourcing strategies to achieve strategic plans
Lead cross functional teams to develop and execute local or global strategies covering categories and commodities across a broad customer base
Implement and execute the sourcing and supplier management program that includes develop RFx proposals, evaluate and recommend best available options, negotiate contract and transition and monitor suppliers
Partner with Divisional Leadership to develop effective supplier relationships that ensure high performance and competitive pricing
Establish healthy relationships with suppliers and stakeholders; drive a two-way exchange of information related to strategies, priorities, requirements, and disputes
Negotiate contract provisions and draft contract language for initial agreements and ongoing amendments; facilitate coordination between internal and external stakeholders
Interpret supplier contracts, participate in contract change negotiations, and monitor fulfilment of contractual obligations
Monitor supplier performance and facilitate communications between stakeholders to ensure business expectations are met
Identify and implement continuous improvement opportunities across Sourcing & Procurement
May supervise staff
Qualification
Required
Bachelor's degree in business administration, operations management, or other directly applicable field or equivalent education/experience
At least 7 years of experience in category procurement, strategic sourcing, supplier management and contract management
Experience with the supplier identification, selection and negotiation process
Knowledge of supplier management best practices and industry trends
Exceptional written, interpersonal and verbal communication skills requiring a balance of assertiveness, tact and diplomacy; demonstrated ability to lead difficult conversations and collaborate, facilitate, and achieve consensus amongst key stakeholders
Ability to work effectively and cultivate strong relationships across all levels of the organization and with external parties
Ability to work with teams across geographically dispersed locations
Ability to effectively manage ambiguous situations and drive towards clarification
Demonstrated ability to influence others and drive change
Proven analytical and problem-solving skills, with a keen attention to detail
Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment
Self-motivated with a positive attitude
Strong business acumen and demonstrated ability to put strategic plans into operation
Proven ability to manage multiple projects and support activities within a single job function
Preferred
Global perspective and experience working with diverse customers and suppliers
Experience in a shared services environment
Experience in the financial services industry
Experience in the technology category
Experience managing suppliers with global product/service provisioning models
Experience across multi-functional business processes
Experience working with various electronic procurement tools
Benefits
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
5001-10000 employees
H1B Sponsorship
Transamerica has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (33)
2023 (25)
2022 (52)
2021 (42)
2020 (46)
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Leadership Team
Will Fuller
Chief Executive Officer
Andrew Yorks
Chief Investment Officer
Recent News
2025-12-21
Company data provided by crunchbase