Lead Strategic Procurement Advisor

Job Family

Procurement

Who We Are

Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients’ accounts. We’re in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, Employee Benefits, and Financial Assets), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People, Places & Brand; Risk; and Technology).

Job Description Summary

Our Procurement Team has an exciting opening for a Lead Strategic Procurement Advisor role in our Business Enablement Procurement group. In this role you will lead category management, procurement strategy development, supplier selection, contracting, and relationship management for your assigned areas in the corporate services space. This lead role will also have opportunities to mentor others on procurement best practices and strategies.

Job Description

Responsibilities:

• Recommends and implements category procurement and commodity sourcing strategies to achieve strategic plans. • Leads cross functional teams to develop and execute local or global strategies covering categories and commodities across a broad customer base. • Creates and administers supplier request for proposals (RFPs). • Performs market research and analysis to understand and document competitive supplier landscape, service capabilities, and opportunities. • Serves as a trusted adviser to the business unit in all acquisition related matters, from pre-award strategic planning to contract close out actions. • Collaborates with internal teams, including the business unit, legal, privacy, and information security to align procurement strategies with business goals and project requirements, and ensure sourced materials meet all required specifications and company guidelines. • Fosters strong relationships with key suppliers to enhance collaboration, communication, and partnership. • Performs a full range of contracting duties and responsibilities, which include redlining, negotiation and award, gathering subject matter expert feedback, contract modification, resolution of performance problems and complex payment issues, and contract termination. • Executes governance with suppliers; drive a two-way exchange of information related to strategies, priorities, requirements, and disputes. • Monitors supplier performance and facilitates communication between stakeholders to ensure business expectations are met. • Drives supplier behavior and delivers continuous improvement in vendor performance. • Champions and executes supplier management best practices to maximize the value of supplier relationships. • Makes continuous improvement recommendations to relevant processes, procedures, policies and systems. • May mentor others. • Other duties as assigned.