IT Procurement Manager jobs in Saint Louis, MO

Reinsurance in itself is unique. It’s a specialized segment of the industry that’s exciting and not bound by the same conservative restrictions of the direct market. RGA is proud to lead the reinsurance industry, but the company also is thinking beyond this segment. RGA is focused on leading the entire life and health insurance space.

The IT Procurement/Sourcing Manager is responsible for procurement and sourcing activities related to various indirect spend categories, with demonstrated functional knowledge of IT Hardware and Software sourcing activities. This person will partner with internal business partners to provide procurement expertise, developing, advising, and implementing sourcing strategies, will manage supplier relationships to ensure performance meets the contractual obligations, provide procurement input to maximize leverage, and will be responsible for determining appropriate negotiation strategy to meet business needs. This manager will share best practices and strive for continuous improvement.

• Develop and maintain category strategies, by partnering, interfacing, and building relationships with Global Technology to understand their requirements for products and services.
• Deliver all Procurement related results associated with business goals for IT categories and provide general contractual / commercial advice to Global Technology business partners.
• Coach associates on best practices and industry norms.
• Negotiate multi-site / global agreements, license agreements, SOWs, SLAs, and other agreements as required.
• Conduct Supplier Performance Management activities including but not limited to Supplier Business Review Meetings, Scorecards, and Compliance requirements.
• Develop and maintain relationships with suppliers to ensure that perceived value is being realized. Identify high-risk suppliers, align stakeholders on recommendations, creation and closure of risk mitigation plans.
• Continually evaluate supplier base, looking to maximize value for the company. Categorize vendors based on their strategic value and risk and communicate compliance expectations to current and potential vendors. Prioritize a portfolio of high-value strategic sourcing opportunities, ensuring proper sequencing, re-sourcing and business support.
• Be proficient in standard procurement tools, processes and industry trends required to deliver Business results.
• Participate in special projects.

Required:

• BA/BS degree in related field (supply chain management, economics, finance, engineering)
• 10 years of experience in a procurement organization (preferably in a center-led structure ); 5 years in Technology Sourcing

Preferred:

• Master’s degree
• Financial Services/Insurance industry experience
• Knowledge of global vendor regulations including third party requirements
• Experience in Software Sourcing
• Experience in IT Hardware Sourcing
• Certified Professional in Supply Management (CPSM or APICS)
• Greenfield start-up, acquisition integration or business process re-design experience

Required:

• Motivate and influence others within organizational hierarchy and among differing cultures.
• Solid operational management and general business skills and savvy.
• Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc.
• Strong negotiation skills
• Experience with modern sourcing and procurement systems.
• Familiarity with relevant legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions
• Demonstrated ability to develop long range supplier relationships.
• Ability to assess source to settle risk and develop effective mitigation plans.
• Proven sourcing and cost reduction execution.
• Benchmark and scorecard development to drive continuous improvement.

Reinsurance Group of America, Incorporated (NYSE: RGA) is one of the largest global providers of life reinsurance, with offices around the world. RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development. Our mission is to enhance our clients’ prosperity by supporting their financial and risk management capabilities.

RGA offers an array of benefits, including flexible plans.

Pay is based on a number of factors, including market, a candidate’s skills, and experience commensurate with a role, etc. salary range: $101,685 - $151,435 bonus

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