SENIOR ASSOCIATE, Senior Sourcing Specialist

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Date: Dec 8, 2022

Location: New York, NY, US

Company: New York Life Insurance Co

Location Designation: Hybrid 

 

 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

 

The Technology Sourcing Sr. Specialist role develops, implements and / or executes a Technology Sourcing and procurement category strategy aligned with Sourcing's objectives

  • Provide guidance and/or lead negotiations and Sourcing engagements including process activities such as  RFX, Project management, etc., as assigned specific to the Telecom and Hardware Category of spend.
  • Make recommendations and/or provide effective input to stakeholder financial goals and/or plans as it relates to assigned sourcing assignments
  • Continuously manage team priorities effectively, focusing on efficient work results
  • Monitor and keep up to date with related category supplier specific business activities as well as the extended category industry knowledge
  • Present/update all pertinent supplier and/or industry issues to internal stakeholders and immediate management and propose recommendations as they apply to existing strategies

Key responsibilities are to

  1. lead the planning and development of sourcing strategies for sourcing requests of varying complexity, and
  2. take responsibility for the execution of these strategies.

 

This role partners with New York Life's business stakeholders, legal resources and other Procurement team members to deliver value-added business solutions through the company's supply base.  In addition to recommending appropriate procurement strategies and methodologies, the Sr. Sourcing Specialist oversees the sourcing, negotiating, and contracting of goods and services. 

 

Responsibilities: 

  • Ability to articulate, influence and translate strategic imperatives from the Technology group specifically to the Telecom and Hardware category of spend and its business strategies into best in class sourcing strategies and delivery
  • Experience of initiating, developing and executing market leading sourcing strategies and their implementation
  • Ability to review and analyze key external trends and influences from a wide range of information used to support the development of IT sourcing plans in support of business direction
  • Exceptional relationship management skills to effectively shape strategic solutions with stakeholders and key suppliers
  • Excellent influencing skills and experience of managing multiple and diverse stakeholder groups in a major complex organization
  • Strong change management experience and delivery of Procurement Technology projects on time

 

Qualifications:

  • BA in Computer Science or related area of study
  • 2-4 years experience in Strategic Sourcing Telecom and Hardware category of spend
  • Telecom, and Mainframe and midrange Hardware computing knowledge is needed specific to the category. Wide ranging knowledge of technology information systems infrastructure and use, i.e., servers, storage, software, networks, data centers, personal computing and key suppliers in these areas 
  • Knowledge and experience in insurance industry; a broad understanding of sourcing trends and their commercial application.

 

 

Salary range: $72,500-$107,500 

 

Overtime eligible: Exempt 

 

Discretionary bonus eligible: Yes 

 

Sales bonus eligible: No 

 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

 

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 87584

 

 

 


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Nearest Secondary Market: New York City

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