Pacific Life · 1 day ago
Sr Category Manager, Professional & Outsourced Services
Newport Beach, CA
Full-time
Onsite
Senior Level, Lead/Staff
$135K/yr - $165K/yr
10+ years expPacific Life is committed to providing for its policyholders through collaboration and innovation. The Professional & Outsourced Services Sr. Category Manager will support strategic sourcing initiatives, execute spend analysis, lead vendor negotiations, and collaborate with internal stakeholders to drive procurement effectiveness.
FinanceFinancial ServicesInsurance
Responsibilities
Develop and execute sourcing category strategies for professional services including Business Process Outsourcing (BPO), Third-Party Administrators (TPA), Management Consulting, Actuarial Consulting, General Consulting, and other specialty services
Execute multiple medium to high risk and complex projects simultaneously
Conduct market research, benchmarking, and analysis to inform category strategies
Lead RFx initiatives and contract negotiations to maximize value, reduce costs, and mitigate risk
Redline contracts to ensure compliance with corporate policies and favorable terms
Build and maintain strong relationships with internal stakeholders and senior leadership
Partner with Vendor Management to define and monitor SLAs and KPIs
Drive alignment, adoption, and compliance with category strategies across the organization
Lead cross-functional teams and projects as needed
Perform advanced quantitative analysis to assess financial impacts and category performance
Interpret complex data, identify trends, and make data-driven decisions to optimize procurement processes
Develop models to improve cost efficiency and business outcomes
Champion the adoption of new technologies and best practices to enhance procurement effectiveness
Identify and implement opportunities for continuous process improvement and innovation
Ensure compliance with regulatory requirements, risk management standards, and corporate policies
Manage international vendors and lead global sourcing initiatives
Qualification
Required
Bachelor's Degree required; MBA or advanced degree preferred
10+ years of hands-on Strategic Sourcing experience
Proven expertise in Category Management for Professional Services including Business Process Outsourcing (BPO), Third-Party Administrators (TPA), Management Consulting, Actuarial Consulting, General Consulting, and other specialty services
Experience with ERP, GRC and Procurement systems (e.g., Coupa, Archer, PeopleSoft)
Advanced proficiency in Excel; strong skills in PowerPoint and Word
Strong mathematical and analytical skills with attention to detail
Ability to work independently and solve complex problems in a fast-paced environment
Excellent interpersonal, leadership, and communications skills
Demonstrated success in stakeholder management and vendor negotiations
Experience in risk management, compliance, and global strategic sourcing
Preferred
Procurement certifications (e.g., CPSM, CIPS)
Experience in emerging technologies such as RPA, AI, and blockchain
Familiarity with business intelligence tools (e.g., Tableau, Alteryx, PowerBI)
Track record of managing large strategic professional services vendors
Deep knowledge of RFx processes and contract lifecycle management
Benefits
Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
Company
Pacific Life
Pacific Life Insurance is an insurance company that provides life insurance products, annuities, and mutual funds.
1001-5000 employees
H1B Sponsorship
Pacific Life 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 (14)
2024 (9)
2023 (16)
2022 (19)
2021 (14)
2020 (17)
Funding
Current Stage
Late StageTotal Funding
$1.44B2025-09-03Debt Financing· $750M
2025-06-18Debt Financing· $688.57M
Leadership Team
Howard Hirakawa
Senior Vice President and Fund Advisor Operations
Joe Krum
Senior Vice President & Managing Director, Global Institutional Investment Group
Recent News
Private Capital Journal
2025-12-05
2025-11-22
Company data provided by crunchbase