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Navitus Health Solutions · 4 weeks ago

Principal, Strategic Procurement

United States

Full-time

Remote

Lead/Staff

8+ years exp

Navitus Health Solutions is committed to making medications more affordable through innovative pharmacy benefit management. The Vendor Procurement Principal is responsible for driving vendor negotiations and acquisitions that align with enterprise strategy, ensuring operational efficiency and regulatory compliance.

Health CareInformation Technology

Responsibilities

Embed procurement strategies within the five-year roadmap, ensuring vendor partnerships accelerate technology modernization, margin improvement, and operational scalability

Support initiatives tied to the Board-approved plan, including investments in enterprise platforms and services that deliver a tech-enabled, human-centered experience

Lead end-to-end vendor acquisition processes, including RFP development, ROI analysis, and negotiation

Partner with internal stakeholders and external consultants to ensure vendor solutions align with transformation goals and regulatory obligations

Draft and review statements of work and service-level agreements (SLAs) tailored to business needs

In collaboration with business owners, establish and enforce SLAs and performance guarantees within vendor contracts to ensure measurable service delivery standards, including defining KPIs, monitoring compliance, and driving corrective actions when commitments are not met

Develop and issue RFIs to applicable vendors and coordinate applicable demos, proofs of concept and implementation needs for efficient and effective product selection and manageable cost structure

Collaborate with Legal, Compliance, and Vendor Risk teams to mitigate risks and ensure adherence to contract requirements, vendor policies and business Associate and First Tier, Downstream and Related Entity (FDR) criteria

Maintain procurement documentation and provide transparent reporting on vendor performance, financial impact, and risk controls

Support governance processes for prioritization, capacity alignment, and budget stewardship

Align with vendor business owners to install vendor performance oversight and monitoring

Identify opportunities for contract consolidation and renegotiation to optimize cost and service delivery

Support and recommend KPIs for transformation success (e.g., cost efficiency, speed-to-market) and recommend objectives and key results for stakeholders

Analyze data to pinpoint issues, assess risks, and make data-driven decisions

Participate in, adhere to, and support compliance, people and culture, and learning programs

Perform other duties as assigned

Qualification

Vendor negotiationStrategic sourcingContract managementProcurement certificationRisk management frameworksAnalytical skillsArtificial intelligenceCommunication skillsNegotiation skillsCross-functional leadership

Required

Bachelor's degree in business administration, supply chain, operations management, or other directly applicable field or equivalent education/experience

8+ years of experience in procurement, vendor management, contract management, and strategic sourcing preferably within a regulated industry

Strong knowledge of contract requirements, SLA development, and risk management frameworks

Proven ability to lead cross-functional teams and influence senior stakeholders

Exceptional negotiation, analytical, and communication skills

Proven experience with services and products using artificial intelligence and progressive technologies