Demo

IT Procurement & Sourcing Manager

RGA Reinsurance Company
Chesterfield, MO Full Time
POSTED ON 2/4/2025
AVAILABLE BEFORE 5/4/2025

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

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

RESPONSIBILITIES

  • Develop and maintain category strategies, by partnering, interfacing, and building relationships with Global Technology to understand 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 standards.
  • Negotiate multi-site / global agreements including license agreements, SOWs, SLAs.
  • Conduct Supplier Performance Management activities including 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 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.
  • Assist in special projects.

REQUIRED EDUCATION, EXPERIENCE AND SKILLS

  • 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
  • Motivate and influence others within organizational hierarchy and among diverse 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.
  • What you can expect from RGA :

  • Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
  • Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
  • Join the bright and creative minds of RGA, and experience vast, endless career potential.
  • Compensation Range :

    101,685.00 - $151,435.00 Annual

    Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

    RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.

    Salary : $101,685 - $151,435

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