Strategic Sourcing Advisor - Procurement 30069 - Solving IT

One of the largest health insurers in the nation is focused on continuously building an industry-defining, world-class IT capability. Healthcare is forever evolving, especially due to emerging technologies, making this a great experience to add to your resume. Come join their winning team!

This contract to hire role as a Strategic Sourcing Advisor - Procurement in Chicago, IL is responsible for contracting, identifying, and developing sourcing strategies to achieve the most cost-effective pricing and best service, while negotiating costs for professional services such as IT consulting, IT managed services, management consulting, and corporate services.

Pay rate: $50-$58 per hour

Responsibilities:

•        HR, Finance, Legal, Research, CASSIP categories.

•        Build relationships with key stakeholders, managing escalations independently, understanding Business pipeline and forecast and providing a strategic plan for streamlining vendors while becoming a Subject Matter Expert for the appointed category.

•        Participate in and supporting the design and implementation of strategic sourcing activities (RFPs, RFIs, Market Scans, Category Management) for appointed category

•        Participate in the strategic sourcing process by partnering with Business stakeholders to define specifications and requirements, leading, conducting internal and external data & pricing analysis, and providing recommendations based on analysis.

•        Independently analyze Industry Markets And assess risk, gather intelligence on fundamental conditions, and technical Information that affects the category.

•        Oversee contract negotiations, pricing negotiations, contract compliance, vendor management, and stakeholder management.

•        Demonstrate excellent project management and time efficiency skills as they will be managing several sourcing projects and contracts at a given time along with multiple vendors and internal stakeholders.

•        Identify and develop cost reduction opportunities while maximizing benefit to the business.

•        Comfortable speaking and delivering presentations to internal business teams for RFx’s as well as having excellent business acumen.

Job Requirements:

•        Bachelor's degree in Supply Chain, Business or Finance, or 4 years of relevant experience

•        Demonstrated thought leadership

•        Ability to build strategic relationship with senior-level colleagues

•        Experience with conducting wide-ranging research.

•        Analytical skills to support and enhance procurement strategy and goals.

•        Ability to function in ambiguous and/or time-sensitive situations.

•        Clear, concise, and confident interpersonal, verbal and written communication skills.

•        Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.

•        Strong multitasking capabilities

•        Knowledge of strategic sourcing principles.

•        Experience in project management and contract negotiation.

•        Experience developing presentations and presenting to management and other internal groups.

•        Effective Negotiating skills to reduce supplier base and to negotiate beneficial contracts

•        Clear, concise, and confident interpersonal, verbal and written communication skills.

•        Effective, proven negotiation skills, experience rationalizing supplier base and negotiating beneficial contracts.

•        Knowledge of strategic sourcing best practices

•        PC proficiency to include Word, Excel, PowerPoint

Preferred Job Requirements:

•        3-6 years of experience in a relevant area (procurement, supply chain, or finance)

•        Knowledge of Business Process Outsourcing

•        Knowledge of Insurance industry

•        Knowledge of Category Management

•        Bachelor’s degree in Supply Chain Management

•        Experience in a procurement function, including with contract management activities

•        Strong relationship management capabilities with internal and external stakeholders

•        Strong Drive and interpersonal skills to manage multiple escalations internally/externally

Benefits: 

Solving IT, a Woman and LGBTQ+ owned and operated organization is thrilled to provide a comprehensive benefit package to all our W2 employees and their families, regardless of gender. We are proud to offer five diverse health plan options as well as a PPO dental plan through Blue Cross Blue Shield, Term Life/AD&D Insurance, and a 401(k) Savings Plan. Solving IT covers a portion of the health and dental premiums for our employees. 

As you progress in your professional journey, Solving IT is dedicated to accommodating your evolving preferences and matching you with fulfilling projects. We champion equality and embrace diversity in all its forms. Creating an atmosphere that encourages varied perspectives to collaborate fosters personal development, strengthens team unity, and contributes to the overall success of the organization! 

Whether you're seeking your next career challenge or aiming to stay abreast of industry trends, Solving IT is committed to supporting your career advancement. We actively encourage applications from all backgrounds and utilize the most up-to-date market insights and compensation data to ensure that you receive not just advice, but the complete Solving IT Experience.