Strategic Sourcing & Procurement Specialist

Summary

AAA Life Insurance Company is a life insurance and annuity products provider. The Strategic Sourcing & Procurement Specialist will support the development and execution of procurement and sourcing activities, lead sourcing initiatives, manage contract renewals, support vendor selection, and promote procurement best practices across the organization.

Responsibilities

• Proactively identify contracts approaching renewal and partner with business units to determine sourcing strategies
• Lead sourcing initiatives, including managing RFx processes, evaluating vendor proposals, supporting vendor selection, and negotiating renewals and new agreements to drive cost savings and improved terms
• Review contracts to ensure pricing, terms, and conditions are competitive and aligned with business needs
• Serve as a key procurement partner to business units throughout sourcing, contracting, and vendor management activities, coordinating with Legal, Procurement, Finance, and other stakeholders to facilitate reviews and resolve issues
• Ensure sourcing and renewal activities comply with procurement policies, standards, and governance requirements
• Work closely with the Procurement Analyst to leverage reporting on contracts, spend, vendor performance, and vendor risk to prioritize sourcing opportunities and renewal activities
• Support development and adoption of consistent procurement processes and best practices, while identifying process improvement opportunities and helping implement operational enhancements as the procurement function evolves

Skills

• * Ability to manage multiple priorities and independently drive work to completion in a fast-paced environment
• * Strong analytical, organizational, communication and problem-solving skills
• * Strong partnership and relationship management skills with the ability to work effectively across business units
• * Bachelor's degree in Business, Finance, Supply Chain, or related
• * 3-5 years of experience in procurement, strategic sourcing, or vendor management
• * Experience supporting sourcing events, contract negotiations, renewals, and vendor evaluations
• * Demonstrated ability to proactively engage stakeholders and identify opportunities to drive cost savings and operational efficiencies
• While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands and fingers to handle, or feel, talk, hear, and concentrate.  Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus
• AAA Life Insurance Company does not offer immigration sponsorship for this position. This includes visa types such as H-1B, TN, and STEM OPT. Please do not apply if you currently require or may require employer-sponsored immigration support now or in the future
• * Experience with procurement systems, contract management tools and reporting tools preferred

Qualifications

Must Haves

• * Ability to manage multiple priorities and independently drive work to completion in a fast-paced environment
• * Strong analytical, organizational, communication and problem-solving skills
• * Strong partnership and relationship management skills with the ability to work effectively across business units
• * Bachelor's degree in Business, Finance, Supply Chain, or related
• * 3-5 years of experience in procurement, strategic sourcing, or vendor management
• * Experience supporting sourcing events, contract negotiations, renewals, and vendor evaluations
• * Demonstrated ability to proactively engage stakeholders and identify opportunities to drive cost savings and operational efficiencies
• While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands and fingers to handle, or feel, talk, hear, and concentrate.  Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus
• AAA Life Insurance Company does not offer immigration sponsorship for this position. This includes visa types such as H-1B, TN, and STEM OPT. Please do not apply if you currently require or may require employer-sponsored immigration support now or in the future

Nice to Haves

• * Experience with procurement systems, contract management tools and reporting tools preferred

Benefits

• Work Solution: Remote