Procurement Lead

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee intricate, vital outsourcing and strategic sourcing projects from opportunity evaluation to recommendation, negotiation, contracting, and value realization.

• Formulate multi-year category and sourcing strategies utilizing spend and demand analysis, market intelligence, supplier benchmarking, competitive assessments, and cost modeling.

• Design and manage comprehensive RFIs, RFPs, and RFQs.

• Create sourcing strategies, conduct supplier evaluations, devise negotiation plans, and recommend award decisions and contracting approaches.

• Collaborate with and influence senior and executive leadership on business cases, sourcing strategies, supplier strategies, and commercial strategies.

• Construct fact-based business cases and scenario analyses using insights from financial, operational, supplier, and market data.

• Develop outsourcing and managed-services commercial models, including FTE-based, fixed-fee, transaction-based, productivity, and outcome-oriented frameworks.

• Write, negotiate, and finalize contracts and amendments involving Finance, Legal, Risk, Operations, Technology, and other stakeholders.

• Define commercial terms, implementation and transition plans, governance, controls, and risk mitigation strategies.

• Assess and manage strategic suppliers based on their performance, capabilities, financial stability, risk, innovation, and long-term compatibility.

• Create supplier governance and performance systems to ensure accountability and foster continuous improvement.

• Promote supplier diversity, sustainability, responsible sourcing, and adherence to supplier code-of-conduct standards.

⛳️ Requirements

• 5+ years of experience in strategic sourcing, procurement, category management, supply chain, supplier management, contracting, or a related field.

• 3+ years of experience leading comprehensive strategic sourcing initiatives, including RFIs, RFPs, RFQs, supplier evaluations, and negotiations.

• Proven experience in drafting, negotiating, and executing complex contracts and amendments with Legal, Finance, Risk, and business stakeholders.

• Experience in sourcing intricate services and managing outsourcing or managed-services category strategies.

• Experience with professional services, technology, or other enterprise-level categories is advantageous.

• Proven ability to develop and implement multi-year category and sourcing strategies utilizing spend analysis, market intelligence, supplier benchmarking, and financial analysis.

• Strong financial and analytical skills, including the ability to create business cases, conduct scenario analyses, develop cost models, forecasts, total-cost-of-ownership assessments, and prepare executive-level recommendations.

• Capability to manage multiple complex sourcing initiatives simultaneously while adapting to evolving priorities and market conditions.

• Proficiency in building trusted relationships, influencing senior leaders, challenging assumptions, facilitating trade-off discussions, and achieving alignment.

• Excellent communication skills and a strong executive presence.

• Bachelor's degree in finance, business, supply chain, or a related field is preferred.

• Project management experience or formal training is preferred.

• Experience with spend analytics, reporting, and data visualization is preferred.

• Professional procurement, supply chain, or project management certifications such as CPSM, CPSD, C.P.M., CSCP, or PMP are preferred.

• Access to home internet with a minimum download speed of 25 Mbps and upload speed of 10 Mbps.

• Ability to work from a dedicated space without ongoing interruptions to safeguard member PHI/HIPAA information.

🏝️ Benefits

• Bonus incentive plan based on company and/or individual performance.

• Medical benefits.

• Dental benefits.

• Vision benefits.

• 401(k) retirement savings plan.

• Paid time off.

• Company holidays.

• Personal holidays.

• Paid parental leave.

• Paid caregiver leave.

• Short-term disability.

• Long-term disability.

• Life insurance.

• Requirement for a dedicated home workspace to support remote work.

• Occasional travel to Humana offices for training or meetings.