Specialist, Procurement

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! Internal Compensation Grade: F3 Location: This position can be filled as Hybrid or Remote Role is specific to Technology Sourcing team and the associate will be expected to gain in-depth knowledge of the technology groups they support which will span the entire Nationwide Enterprise. Procurement activities will be related primarily to negotiating contracts for indirect products such as software though other products may be contracted for as well. Job Description Summary Procuring goods and services necessary to successfully run and grow our business is critical. Whether working to enable the processes that support buying decisions or finding the best supplier, price or contract terms, we bring expertise, skill and talent to the task. If you are collaborative, a top-level communicator, highly ethical and have the ability to manage key relationships by providing outstanding service, we want to know more about you! As a Specialist, you'll be responsible for the procurement and acquisition of goods and services for Nationwide that deliver near-term sourcing value and work to enhance processes and drive efficiency. We'll count on you to collaborate with and advise business units on the acquisition of goods and services of basic to moderate complexity across one or multiple categories. You'll also work with multiple business partners to ensure business plans are executed against sourcing strategy. Job Description Key Responsibilities: Partners and collaborates with Business Partners, Finance, Technology and other Procurement team members to manage new sourcing requests, current contract pipelines for multimillion dollar categories, and vendor agreements. Works with reporting teams to develop data analytics. Provides industry research and benchmark analysis within a defined spend category. Establishes a category strategy for assigned domains, monitors purchasing trends and identifies top suppliers and innovations within the category. Works with Business Partners to manage Business Unit and Procurement relationship by building forecasts of demand, service levels requirements, Total Cost of Ownership models, contractual and other risk requirements (by category domain, actual and forecasted spend), identifying cost reduction opportunities, and developing recommendations. Acts as a Project Manager with business partners, Finance, Technology as needed. Facilitates basic to moderately complex competitive bid activity, including requests for proposal (RFP), quote (RFQ) or information (RFI), where applicable. Negotiates the terms of the contract, including conditions, clauses, and service level agreements. Documents achieved savings for Finance approval. Assesses supplier risk prior to contract and collaborates with applicable risk partners, including Information Risk Management, Technology Review Boards, Privacy etc., for additional specialized assessments or necessary contract provisions. Analyzes and aligns Category goals and objectives to maximize usage of Diverse Suppliers and best practices in Sustainability. May perform other responsibilities as assigned. Reporting Relationships: Reports to Procurement Manager. Individual contributor; may serve in a lead capacity with business partners. Typical Skills and Experiences: Education: Undergraduate degree in supply chain, procurement, business, finance, accounting, management information systems, economics or related fields preferred. License/Certification/Designation: Procurement, purchasing, or project management designations, as applicable. Experience: Typically, five or more years of experience in all aspects of supply chain management, including relationship management, or equivalent professional experience in other closely related industries. Knowledge, Abilities and Skills: Comprehensive knowledge of principles, practices and procedures of supply chain management or other related industry. In-depth knowledge of the legal environment as applicable to contracts negotiation required. In-depth understanding of the enterprise structure and business objectives. Knowledge of enterprise technology standards and direction. Excellent verbal and written communication skills and math skills required to negotiate with suppliers. Ability to lead project teams towards a common objective. Ability to work independently with minimal direction. Ability to influence. Ability to solve problems in strategic sourcing. Ability to train others on basic to moderately sophisticated policies, practices, and processes. Proficiency in common office software like Microsoft Word, Excel and PowerPoint. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner. Values: Regularly and consistently demonstrates Nationwide Values. Job Conditions: Overtime Eligibility: Not Eligible (Exempt) Working Conditions: Normal office environment. Occasional extended and non-standard hours based on business and information needs. ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. #LI-KF1 Benefits We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here. Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law. Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247. For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. The national salary range for Specialist, Procurement Category Management : 66,500.00-139,000.00 The expected starting salary range for Specialist, Procurement Category Management : 74,000.00 - 112,000.00 At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work, too, and let us know – can you see yourself at Nationwide? Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.