Senior Associate-Sourcing

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Date: Dec 30, 2020

Location: New York, NY, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. 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 service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. 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.

 

The Sourcing Manager role develops, implements and / or executes a sourcing and procurement category strategy aligned with the Sourcing groups’ 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
  • Manage projects against a plan and objectives to ensure commitments are met by monitoring, assessing, and resolving variances in budget, timing or quality of work
  • 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

 

This Sourcing Manager’s key responsibilities are to i) lead the planning and development of sourcing strategies for sourcing requests of varying complexity, and ii) 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 companies supplier base.  In addition to recommending appropriate procurement strategies and methodologies, the Sourcing Manager 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

  • Bachelors degree in Computer Science or relevant subject
  • At least 3- 5 years experience in Strategic Sourcing Telecom and Hardware category of spend
  • Knowledge and experience in insurance industry
  • A broad understanding of sourcing trends and their commercial application
  • Strong negotiator with expertise in legal terms and conditions
  • Able to communicate with senior management as well as representing IT Procurement team in an ethical manner

EOE M/F/D/V

 

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Job Requisition ID: 83087 


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