- Strategic Sourcing: build and execute sourcing strategies that include; a) analysis of vendors (RFx/competitive bid processes, data analysis, etc.); b) financial reviews, cost comparisons; c) external market analysis, including analyzing purchasing trends; d) establishing category strategy; e) collaborating with internal stakeholders to understand business needs; f) liaising with external vendor partners; g) creating and delivering presentations to senior leaders and executives throughout the lifecycle of sourcing initiatives.
- Contract Negotiations: lead the negotiation strategy and/or support on contract negotiations with vendors to deliver value and savings to the organization.
- Contract Management: in partnership with Legal Services, act as the liaison between internal clients and vendors to resolve problems and or discrepancies, renew or terminate contracts, interpret terms and conditions and review and address contractual gaps. Deliver robust and comprehensive agreements that mitigate organizational risk.
- Relationship Management: developing and maintaining strong working relationships with internal stakeholders and external vendor partners. Collaborate with cross-functional teams to understand their requirements and provide guidance on sourcing options and identify strategic opportunities.
- Project Management: independently facilitates information gathering sessions with stakeholders and establishes reliable schedule for priority action items. Self-manage to ensure deliverables are completed within established timelines. Managing multiple priorities simultaneously. Prepare and present regular reports on sourcing activities, supplier performance, cost savings, and other relevant metrics to senior management.
- Category/Industry Knowledge: Conduct comprehensive market research and supplier evaluations to identify potential vendors and assess their capabilities, quality standards, and pricing models. Analyze market trends, monitor industry developments and identify opportunities for cost savings, process optimization, and risk mitigation.
- 7-10 years' experience in a similar role within a corporate / business environment with direct experience in negotiating and drafting agreements
- You have significant sourcing/procurement experience, strong knowledge of procurement processes, sourcing strategies and contract management principles in one or more of the following areas: Insurance, Claims, Professional Services and with experience with outsourcing and managed services is an asset
- You are an effective communicator, influencer and negotiator with strong interpersonal skills
- You are a solution oriented strategic thinker and demonstrate analytical and problem-solving abilities, with a data-driven approach to decision-making
- You have deep experience using a variety of procurement tools including dynamic sourcing tools, auctions, spend analytics, procure-to-pay, contract lifecycle management, vendor management and third-party risk management as well as proficient in the development of executive level presentation materials
- You're a seasoned procurement professional with a full understanding of applicable legislation and industry best practices related to contract agreements
- Your negotiation, presentation, facilitation, project management and planning expertise are second to none
- You are highly organized with an attention to detail and have the ability to work effectively in a fast-paced environment, prioritize tasks, and meet deadlines.
- You have a completed post-secondary education (university degree or public college diploma), and potentially CSCMP designation
- Insurance industry experience would be beneficial but is not required
- French language proficiency (written and verbal) would be beneficial but is not required
-
Definity Financial Corporation Waterloo, CanadaJob ID : 7350 · Category : Finance · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Posting Range : $55,800 - $102,800 · Definity is the parent company to some of Canada's most long-standing and innovative insurance ...
-
Sr Sourcing Partner/Category Lead
5 days ago
Definity Waterloo, Canada CasualJob Description · We are seeking a highly motivated and skilled Procurement Sourcing Partner to join our dynamic team supporting the Claims Operations department . As a Sourcing Partner, you will be responsible for developing and executing sourcing strategies to ensure the avai ...
-
Definity Waterloo, Canada CasualJob Description · We are seeking a highly motivated and skilled Procurement Sourcing Partner to join our dynamic team. As a Sourcing Partner, you will be responsible for developing and executing sourcing strategies to ensure the availability of high quality services for our organ ...
-
Definity Careers Waterloo, Canada Full timeWe are seeking a highly motivated and skilled Procurement Sourcing Partner to join our dynamic team. As a Sourcing Partner, you will be responsible for developing and executing sourcing strategies to ensure the availability of high quality services for our organization and custom ...
-
Definity Waterloo, CanadaJob ID : 6562 · Category : Personal Insurance · Brand : Definity · Regular/Temporary : Temporary · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Definity includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, ...
-
Manager, HR Analytics
4 days ago
opentext Waterloo, Canada**OPENTEXT - THE INFORMATION COMPANY** · As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the way in Enterprise Information Management. · OpenText HR ...
-
HRss Operations Analyst Manager
4 days ago
opentext Waterloo, Canada**OPENTEXT - THE INFORMATION COMPANY** · As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the way in Enterprise Information Management. · OpenText HR ...
-
HRss Service Excellence
1 week ago
Open Text Corporation Waterloo, Canada**HRSS Service Excellence**: · - Req id: Waterloo, ON, CA**OPENTEXT - THE INFORMATION COMPANY** · As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the ...
-
Manager, Training- Knowledge Management
6 days ago
Definity Financial Corporation Waterloo, CanadaJob ID : 7367 · Category : Personal Insurance · Brand : Economical · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Posting Range : $74,100 - $136,500 · Economical is part of Definity, which includes some of Canada's most long-standing ...
-
Marketing Operations Manager, Imc New
1 week ago
Definity Financial Corporation Waterloo, CanadaJob ID : 7285 · Category : Sales & Distribution · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Posting Range : $74,100 - $136,500 · Definity is the parent company to some of Canada's most long-standing and innovati ...
-
Change Lead, Enterprise Change Enablement
12 hours ago
Definity Waterloo, CanadaJob ID : 6387 · Category : Human Resources · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Definity includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonne ...
-
Operations Manager, Integrated Marketing
1 day ago
Definity Financial Corporation Waterloo, CanadaJob ID : 7112 · Category : Sales & Distribution · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Posting Range : $74,100 - $136,500 · Definity is the parent company to some of Canada's most long-standing and innovati ...
-
Strategic Sourcing Manager
1 week ago
Sun Life Waterloo, CanadaYou are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspir ...
-
Sun Life Waterloo, CanadaYou are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspir ...
-
Student, Olp Business
1 week ago
Sun Life Waterloo, CanadaOur student and new graduate programs offer a chance to explore Sun Life from the inside. You'll make a difference in the lives of our customers and communities, while building the skills and experience that allow you to grow in a meaningful and rewarding way. · The Operational L ...
-
Marketing Manager
1 week ago
Aramark Waterloo, CanadaAramark Canada is looking for a person who has a true passion for food and loves exploring/experimenting with new cuisines to join our team at a University Account in Waterloo. If your personal life centers around food, from taking Instagram pictures to writing blog posts about y ...
-
Manager, Campus Recruiting
1 week ago
Definity Financial Corporation Waterloo, CanadaJob ID : 7292 · Category : Human Resources · Brand : Definity · Regular/Temporary : Temporary · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Posting Range : $74,100 - $136,500 · Definity is the parent company to some of Canada's most long-standing and innovative ...
-
Manager, Commercial Intake
12 hours ago
Definity Kitchener, CanadaJob ID : 6427 · Category : Commercial Insurance · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Kitchener, Canada · Definity includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, ...
-
Manager, Corporate Underwriting
2 days ago
Definity Financial Corporation Waterloo, CanadaJob ID : 6832 · Category : Personal Insurance · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Waterloo, Canada · Definity includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, So ...
-
Social Media Marketing Associate
1 week ago
Vip Vape Kitchener, Canada**Key Responsibilities** · Duties may include but are not limited to: · - Plan, oversee and execute social media strategies, guidelines, best practices, promotional campaigns, and day-to-day activities while optimizing and monetizing the brand's presence on YouTube, TikTok, FB/IG ...
Sr Sourcing Partner/Category Lead - Waterloo, Canada - Definity Careers
Description
We are seeking a highly motivated and skilled Procurement Sourcing Partner to join our dynamic team supporting the Claims Operations department. As a Sourcing Partner, you will be responsible for developing and executing sourcing strategies to ensure the availability of high quality services for our organization and customers. Your role will involve conducting market research, identifying potential suppliers, facilitating RFx processes, negotiating pricing and contract terms, presenting to executives/steering committees, and managing relationships with key stakeholders. The ideal candidate will possess strong analytical abilities, exceptional negotiation skills and a deep understanding of procurement practices.
What can you expect in this role?
What do you bring to the role?
Salary range is $73,200 - $122,100
#LI-JG1