Procurement Director

Posted 5 Days Ago
Be an Early Applicant
Hiring Remotely in IN, USA
Remote
121K-192K Annually
Senior level
Fintech • Insurance
The Role
The Procurement Director will develop and implement procurement strategies, manage supplier relationships and lifecycle processes, lead a procurement team, and drive continuous improvement initiatives aligning with organizational goals.
Summary Generated by Built In

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

  

Essential Functions:

  • Develops and implements transformative and comprehensive procurement strategy that aligns with company goals and objectives. Provides strategic oversight and leadership for the development and delivery of procurement training programs, cultivating strong cross-departmental relationships.

  • Manages processes to enable an effective supplier lifecycle, including identifying and evaluating potential suppliers, contract-related document management, issue and dispute management, service performance management, and offboarding, while ensuring compliance with regulatory requirements.

  • Serves as subject matter expert and escalation point for supplier issues, ensuring timely resolution and adherence to policies.

  • Leads spend analysis and reporting to identify cost-saving opportunities, improve terms and conditions, and support fiscal responsibility.

  • Collaborates with business units to align organizational initiatives and business needs with supplier products/services, and Legal to negotiate contracts and ensure regulatory compliance.

  • Collaborates with appropriate business units (such as InfoSec, IT, Privacy, Innovation, Supplier Risk Management, and Legal) to achieve an effective and efficient management of supplier relationships throughout the supplier lifecycle.

  • Strengthens governance of procurement framework, while supporting supplier risk management.

  • Directs selection and implementation of procurement technologies to enhance efficiency in contract management, spend analysis, and supplier performance tracking.

  • Creates dashboards and scorecards for leadership and board reporting; presents insights and recommends improvements based on data and industry trends.

  • Drives continuous improvement and innovation by researching best practices, implementing enhancements, and leading special projects.

  • Leads and develops the procurement team through coaching, performance management, succession planning, and fostering an inclusive, innovative culture.

Education & Experience:

The education and experience below are required for the job unless labelled as preferred:

  • Bachelor’s degree, preferably in finance, business administration, risk management, or related field, or equivalent relevant experience

  • Ten years of experience in progressively responsible roles within supplier management, sourcing, procurement, or supply chain management or related experience

  • Prior people leadership experience

  • Prior project management or coordination, or related experience

  • Prior property and casualty insurance experience preferred

  • Relevant industry certification(s) or designation(s) preferred

  • Prior Workday Strategic Sourcing experience preferred

Knowledge, Skills & Abilities:

The knowledge, skills and abilities below are required for the job unless labelled as preferred:

  • Excellent knowledge of each stage of the supplier lifecycle

  • Ability to collaborate with and build relationships with stakeholders at all levels

  • Superior negotiation skills

  • Excellent written and verbal communication skills

  • Strong knowledge of insurance practices and disciplines preferred

  • Ability to lead training for business units

  • Strong leadership skills

  • Excellent analytical, investigative, and problem-solving abilities

  • Ability to continuously identify and execute improvement opportunities

  • Strong attention to detail, multi-tasking, organizational, and project management skills

  • Ability to exercise discretion and maintain confidentiality of sensitive information

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$121,263 - $174,253 or $134,038 - $191,687

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.



For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.

Skills Required

  • Bachelor's degree in finance, business administration, risk management, or equivalent
  • Ten years of experience in supplier management, sourcing, or procurement
  • Prior people leadership experience
  • Prior project management experience
  • Prior property and casualty insurance experience
  • Relevant industry certifications
  • Prior Workday Strategic Sourcing experience
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The Company
HQ: Des Moines, IA
1,794 Employees
Year Founded: 1911

What We Do

EMC Insurance Companies is among the top 60 insurance organizations in the country based on net written premium, and we have more than 2,500 employees. The company was organized in 1911 to write workers’ compensation protection in Iowa. Today, EMC provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Operating under the trade name EMC Insurance Companies, Employers Mutual Casualty Company and one or more of its affiliated companies is licensed in all 50 states and the District of Columbia.

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