Job Description
Responsibilities
- Hires, trains and develops staff to achieve sourcing & supplier management objectives, conducts performance reviews and administers pay.
- Recommend, implement category procurement and commodity sourcing strategies to achieve strategic plans.
- Lead cross functional teams to develop and execute local or global strategies covering categories and commodities across a broad customer base.
- Implement and execute the sourcing and supplier management program that includes develop RFx proposals, evaluate and recommend best available options, negotiate contract and transition and monitor suppliers.
- Partner with Divisional Leadership to develop effective supplier relationships that ensure high performance and competitive pricing.
- Establish healthy relationships with suppliers and stakeholders; drive a two-way exchange of information related to strategies, priorities, requirements, and disputes.
- Negotiate contract provisions and draft contract language for initial agreements and ongoing amendments; facilitate coordination between internal and external stakeholders.
- Interpret supplier contracts, participate in contract change negotiations, and monitor fulfilment of contractual obligations.
- Monitor supplier performance and facilitate communications between stakeholders to ensure business expectations are met.
- Identify and implement continuous improvement opportunities across Sourcing & Procurement
Qualifications
Bachelors degree in business administration, operations management, or other directly applicable field or equivalent education / experience.Broad business perspective with 8 years of experience in category procurement, strategic sourcing, supplier management and contract management.Experience with the supplier identification, selection and negotiation process.Knowledge of supplier management best practices and industry trends.Exceptional written, interpersonal and verbal communication skills requiring a balance of assertiveness, tact and diplomacy; demonstrated ability to lead difficult conversations and collaborate, facilitate, and achieve consensus amongst key stakeholders.Ability to work effectively and cultivate strong relationships across all levels of the organization and with external parties.Ability to work with teams across geographically dispersed locations.Ability to effectively manage ambiguous situations and drive towards clarification.Demonstrated ability to influence others and drive change.Proven analytical and problem-solving skills, with a keen attention to detail.Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment.Self-motivated with a positive attitude; Strong business acumen and demonstrated ability to put strategic plans into operation.Proven ability to manage multiple projects and support activities within a single job function.Preferred Qualifications
Global perspective and experience working with diverse customers and suppliersExperience in a shared services environmentExperience in the financial services industryExperience managing suppliers with global product / service provisioning modelsExperience across multi-functional business processesExperience working with various electronic procurement tools.Working Conditions
Hybrid work environment (Cedar Rapids, Philadelphia, Denver)25% Domestic or international is expected; Includes supervisory or budget responsibility.Compensation
The Salary for this position generally ranges between $100,000 - $150,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan / Individual Performance and is at the Company’s discretion.This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work / Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts throughthe Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including theInclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees.Theyprovide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica’s Parent Company
Aegonacquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.
It offers investment, protection, and retirement solutions, always with a clear purpose : Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.As of December 31, 2023