What are the responsibilities and job description for the Procurement Manager position at Aspida Financial Services LLC?
Job Description
Job Description
Description :
Company Description :
Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE : ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn .
Who We Are :
Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.
Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets : Get $#! Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com / careers.
What We Are Looking For :
We are seeking an experienced Procurement Manager to oversee and manage the company’s vendor operations. This role involves developing strategies to source and acquire products and services, negotiating contracts, and ensuring that procurement activities align with business goals. The Procurement Manager will collaborate with internal stakeholders and suppliers to optimize costs, improve efficiency, and maintain high-quality standards. This role reports to the Chief Information Officer and is required to be onsite 3 days a week at our Durham, NC headquarters.
What You Will Do :
- Develop and implement procurement strategies that align with company objectives and ensure cost-effective sourcing.
- Manage supplier relationships, negotiate contracts, and ensure sustainable cost-saving terms for goods and services.
- Monitor and analyze market trends to identify potential risks and opportunities for improvement in sourcing practices.
- Ensure compliance with legal, environmental, and company regulations in all procurement activities.
- Collaborate with cross-functional teams to ensure alignment and integration of procurement strategies.
- Integration of procurement and third-party risk with Enterprise Risk Management
- Lead, mentor, and develop the procurement team to drive efficiency and high performance.
- Track key performance indicators (KPIs) related to procurement costs, supplier performance, and process improvements.
- Identify and resolve any issues or discrepancies related to vendor performance or supply chain disruptions.
- Identify and implement AI tools and technologies that enhance and automate procurement processes.
- Simply put, find the right vendor to provide the right service at the best price.
What We Provide :
What We Believe :
Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!
At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.
Requirements : What We Require :