Head of Procurement Operations

Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
     • We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners
     • We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders
     • We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future
     • We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work

Who we are

Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.

Summary of role

• Responsible for oversight and day-to-day management of Procurement Operations providing guidance, coaching and support to drive team performance and a culture of continuous improvement

• Implement best practices and standard processes that streamline procurement operations, drive efficiencies & automation that reduce costs while maintaining quality standards.

• Develop and implement comprehensive procurement strategies aligned with company goals as well as key performance indicators (KPIs) to monitor procurement performance, and identify areas for improvement/corrective action.

• Establish and maintain strong relationships with key stakeholders, Accenture shared services, IT, and suppliers to ensure business objectives are supported in a timely manner.

• Monitor market trends and industry developments to identify potential risks, opportunities, and innovative solutions for procurement technology and operations.

• Drive supplier performance management by conducting regular supplier evaluations and risk assessments ensuring compliance with technology, risk and controls (TRC) polices.

• Drive supplier diversity program to ensure company diversity and inclusion targets and  state/federal compliance reporting requirements are met.

• Collaborate with finance and accounting teams to ensure accurate budgeting, forecasting, and cost control measures are in place.

• Procurement Operations team is responsible for following areas:

  • Ariba:

    • Oversee Ariba source-to-pay (S2P) program with annual PO spend of ~$400M

    • Support all sourcing activities including ATI, sourcing project, and legal engagement

    • Manage integrity of Contract Workspace as its source of truth for CRBG

    • Ensure timely processing of requisitions, purchase orders, invoices, etc

    • Owner of Accurate and Integrated Data of Contracts and Vendors

    • Ongoing Contract/Vendor Profile Maintenance to Ensure continuous accuracy and maintenance updates for all third-party profiles

  • Fieldglass:

    • Manage 9200+ Non-Employees Workers including onboarding & offboarding

    • Oversee all services contracts with annual Statement of Works (SOW) spend of ~$425M

    • Ensure timely processing of workers, eForms, SOW, invoices, etc.

  • Concur:

    • Oversee user administrator tools, reports, imports/exports, forms, workflows, audit rules, etc.

    • Estimated Concur Travel & Expense to be ~$20M.

    • Timely and accurate processing of employee expense claims ensuring adherence with company policy and compliance.

  • Cvent / Meetings & Events:

    • Manage meetings & event program including related policy with customers across multiple events

    • Estimate for 2024 is 77 meetings & events/sponsorship totaling about $17.3M.

    • Maintain processes such as registration, approval workflow, venue sourcing, and reconciliation.

    • Track usage to ensure program costs are within budget

    • Perform reconciliations to ensure intercompany chargebacks are accurately reported

    • Establish & measure operating model for Accenture SAM managed services.

  • Travel:

    • Oversee Global Travel Management Company’s (TMC) managed services model

    • Support strategic policies and programs for Corporate Travel

    • Establish strategies with key Global Travel suppliers; i.e.: airline, hotel, car rental, agency and online booking suppliers. 

    • Measure and monitor performance to drive optimal value to Corebridge.

    • Monitor Traveler compliance in all aspects of Travel Standard

  • Corporate Card:

    • Program administrator for Global Card Program (~$18M annual spend), including: Travel & Entertainment Card, Meeting card, Purchasing Card, VCA & Ghost Card – (for US, UK, and IE)

    • Provide T&E reporting and analytics for key business stakeholders to help drive best practice and savings.

    • Ensure daily processing activities, procedures and tasks are managed efficiently and are adhered to, including compliance & reconciliations

  • Aviation:

    • New program being established – Develop and manage policy, supplier, governance, and operations.

  • Supplier Diversity:

    • Oversee supplier diversity program including policy and reporting requirements

    • Expand the program to include Tier 2 spend tracking to meet the 3.5 % Corporate target for diverse supplier spend

Requirements:

• Master’s degree in business administration, Supply Chain Management, or a related field.

• Minimum of 20 years of experience in procurement, technology, and/or strategic sourcing.

• At least 10 years of Project Management experience; PMP preferred.

• Proven track record of successfully leading and managing global procurement teams in a fast-paced and dynamic environment.

• Strong negotiation skills and experience in managing supplier relationships to drive value, quality, and cost savings.

• Excellent analytical and problem-solving abilities, with a data-driven approach to decision-making.

• Demonstrated ability to develop and execute procurement strategies that align with business objectives and deliver measurable results.

• Solid understanding of risk and controls, compliance standards, and industry best practices.

• Exceptional communication and interpersonal skills, with the ability to influence and collaborate effectively with stakeholders at all levels.

• Proven ability to drive change, lead cross-functional teams, and manage multiple projects simultaneously.

What our employees like most about working for Corebridge Financial

• We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation. 

• Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us?  We put our money where our mouth is! Corebridge Financial, will give you up to 16 hours a year paid time off to volunteer in the community.

• Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay. Benefit package includes:

Benefits:

• Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 27 PTO days to start. YES, 27! 17 paid holidays per calendar year. 

• A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.

For positions based in Woodland Hills, California and Jersey City, NJ. the base salary range is $180,000 - $220,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Applications will be accepted for this position until a satisfactory candidate pool has been identified.

Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:
  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being
  • Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected].  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected].   Reasonable accommodations will be determined on a case-by-case basis.

Applications will be accepted for this position until a satisfactory candidate pool has been identified 

Functional Area:

CS - Corporate Services

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

American General Life Insurance Company