Category Manager, Procurement

Posted:
8/12/2024, 5:00:00 PM

Location(s):
Grand Rapids, Michigan, United States ⋅ Michigan, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

Workplace Type:
Hybrid

Job Title:  Category Manager, Procurement

Department:  Acrisure Procurement

Location:  Remote

About Acrisure:

Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.

Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win.

Job Summary:

As Procurement Category Manager, you will play a pivotal role in optimizing our company's procurement processes. You will be responsible for owning the procurement strategy for assigned areas, establishing and growing critical relationships with business partners both internal and external, conducting vendor negotiations and ensuring proper administration and execution of contracts, and mitigating risk through adherence to and monitoring or established performance metrics, defined internal processes and management routines.  You will develop and implement strategies to enhance efficiency, reduce costs, and ensure the highest quality of professional arrangements and goods/services for our organization. Your expertise will drive informed decision-making, supplier relationships, and innovation within the procurement function.

Responsibilities:

Procurement Strategy and Active Category Management

  • Strategic Planning: Develop long-range plan, set strategic direction, and execute comprehensive procurement strategies for arrangements and services aligned with the company's objectives and financial targets.
  • Contract Management: Consult on statements of work, and negotiate pricing, services, and contract terms. Collaborates with Legal and other subject matter experts to ensure contract accuracy and resolve escalated issues.
  • Competitive Analysis: Conduct thorough market research and analysis to identify cost-saving opportunities and potential market, create requests for proposals, identify, evaluate and select suppliers, negotiate favorable terms.
  • Cost Optimization: Continuously assess procurement processes to identify areas for cost reduction and efficiency improvement, implementing innovative solutions to drive savings without compromising quality.

Develop Strategic and Collaborative Relationships:

  • Trusted Advisor: earns a seat at the table and is sought out when setting strategy, listens intently and seeks to understands, brings proactive ideas to the table.
  • Collaboration: Develop strong relationships and collaborate cross-functionally with stakeholders from the field and Home Office (ex: finance, operations, and legal) to align strategies with organizational goals and priorities.
  • Influence: Influence leaders on supplier utilization to achieve overall operational and strategic objectives. Engage internal stakeholders and suppliers to bring greater value, better performance, and favorable terms with suppliers.
  • Supplier Management: Cultivate and maintain strong relationships with suppliers/partners, negotiating contracts and terms to secure favorable pricing, quality, and service levels.

Manage Procurement Processes and Standards

  • Performance Monitoring: Develop and implement key performance indicators (KPIs) and metrics to measure the effectiveness of procurement strategies, regularly analyzing performance data and adjusting strategies as needed.
  • Compliance: Ensure compliance with company policies, legal and industry regulations, and ethical standards in all procurement activities, maintaining transparency and integrity throughout the procurement process.
  • Risk Management: Proactively identify and mitigate risks related to supplier/partner performance, market volatility, and regulatory compliance to ensure continuity of supply and minimize disruptions.

Requirements:

  • Strategic Agility: Anticipates and capitalizes on opportunities, challenges, and disruptions, seeks input from all levels of the organization, creates competitive strategies with actionable implementation plans.
  • Collaboration: Ability to effectively communicate with and influence stakeholders at senior levels of the organization, possess political savvy and executive presence. Proven relationship-building skills internally and externally.
  • Analytical Mindset: Proficiency in data analysis and market research techniques, using insights to inform strategic decision-making and drive continuous improvement.
  • Prioritization: Ability to thrive in a fast-paced, dynamic environment, managing multiple priorities and deadlines effectively while maintaining attention to detail.
  • Problem Solving: Looks at challenges as opportunities, identify root causes through open listening and rigorous analysis, pushes for solution and progress over perfection.
  • Accountability: Meets commitments, proactively communicates challenges, open and honest communication about issues while owning the outcomes.

Education/Experience:

  • Bachelor’s degree in business administration, Supply Chain Management, Finance, or a related field. Advanced degree or professional certification preferred.
  • Proven experience (5+ years) in procurement, strategic sourcing, supply chain or related roles, with a demonstrated track record of implementing successful procurement strategies and achieving cost savings.
  • Experience with Indirect Procurement categories and experience in Financial or Professional Services preferred.

Benefits & Perks:

  • Competitive Compensation
  • Industry Leading Healthcare
  • Savings and Investments
  • Charitable Giving Programs
  • Offering hybrid work option           
  • Opportunities for Growth
  • Parental Leave
  • Generous time away

Acrisure is committed to making an impact in our communities by giving back, with millions committed to children’s health with Helen Devos Children’s Hospital and UPMC Children's Hospital of Pittsburgh.

For more, visit www.Acrisure.com  or learn more here.

#LI-CH1 #LI-Remote

                                                                                              

Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status.  California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at www.Acrisure.com/privacy/caapplicant.
 

To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure’s property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure’s Human Resources Talent Department.