Sentry Insurance LLP ยท 3 days ago
Senior Procurement Specialist - Information Technology
Stevens Point, WI
Full-time
Hybrid
Senior Level
5+ years expSentry Insurance LLP is a leading mutual insurance company in the United States, and they are seeking a Senior Procurement Specialist to support their Information Technology business unit. The role involves managing complex IT spend categories, developing procurement strategies, and maintaining relationships with stakeholders to ensure optimal supplier performance and value addition to the organization.
Financial Services
Responsibilities
Manage complex Information Technology spend categories, including maintaining awareness of current and future needs, monitoring milestones and reviewing contract terms. Develop and execute action plans based on the identified sourcing strategy, business needs and improvement to ensure standards are achieved at a competitive rate with minimal risk
Develop and execute negotiation strategies to determine contract terms and conditions, ensuring a strong product is provided with optimal savings and minimal risk
Monitor contracts for assigned spend categories to identify pending expirations and proactively communicate with business stakeholders or junior team members to determine how to proceed with the supplier
Conduct research, benchmarking and cost analysist to remain a subject matter expert in assigned categories and make recommendations to the business. Collaborate with business stakeholders to implement changes that achieve business goals
Develop and maintain supplier relationships including developing performance score cards, managing performance, driving cost saving efforts and ensuring adherence to contract terms and conditions. Lead creation of improvement plans when standards are not being achieved
Develop or participate in development of sourcing strategies for Information Technology spend categories to ensure implementation of appropriate procurement approaches and identification of controls to manage risk
Develop and maintain relationships with internal stakeholders to support business needs and lead complex change management efforts for internal and external processes
Maintains knowledge of changing technology, current market conductions and industry trends to identify possible improvements. Evaluate contracts and identify financial or legal implications to determine current opportunities to make changes, presenting findings and recommendations to management as appropriate
Research and analyze current spend, suppliers, market conditions and business needs to develop sourcing alternatives or adjust strategies to ensure business stakeholders are achieving desired results
Provide work directions and learning opportunities to other team members and will be relied upon to troubleshoot complex issues that are escalated from the team or referred from management. Act as a resource for team members with less experience
Review internal and external processes and documents to identify business risks and implement solutions that minimize exposures moving forward
Utilize and provide management with recommendations to improve procurement processes, system interfaces and reporting to manage risks and ensure adherence to appropriate controls
May identify a need for and build basic business continuity plans to limit business risk baked on supplier dependencies and exposures
Perform other job-related duties as assigned from time to time
Qualification
Required
Bachelors Degree or equivalent work experience
Minimum of 5 years of related work experience, with a minimum of 4 years of Procurement/Sourcing/Supply Chain or related work experience
Passion for technology and a clear understanding of how that technology can positively impact Sentry
Demonstrated good communication and strong customer service capabilities when collaborating with internal customers, vendors and other stakeholders
Demonstrates strong organizational and project management skills
Proficiency in Microsoft Office (including Word and Excel)
Creativity and the ability to work with minimal supervision and with a variety of Sentry user groups and external suppliers
Ability to work in a fast-paced environment
Ability to exercise sound financial judgement
Strong analytical, data management and negotiation skills
Demonstrated leadership and growth potential
Ability to thrive in a team environment
Ability to manage a large portfolio of projects and consistently deliver quality results
Benefits
Flexibility through a scheduled Hybrid work model
Generous Paid-Time Off plan
401(K) plan with a dollar for dollar match on your first eight percent, plus immediate vesting
Group Medical, Dental, Vision and Life insurance
Extensive Work-Life Resources
Sentry Foundation gift matching program
Continue your education and career development through Sentry University (SentryU)
Company
Sentry Insurance LLP
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase