Sourcing Manager Procuremt

Posted 3 Hours Ago
Be an Early Applicant
Hiring Remotely in United States
Remote or Hybrid
100K-163K Annually
Senior level
Healthtech
The Role
Lead end-to-end strategic sourcing and contract negotiations for mid-to-high complexity acquisitions. Collaborate with Legal, Compliance, IT and business stakeholders, manage RFI/RFP/RFQ processes, evaluate vendors using scoring matrices, and draft/execute contracts ensuring regulatory and risk compliance (HIPAA, CMS, FEP). Drive process improvement, vendor accountability, and produce executive summaries and management reporting to support decision-making.
Summary Generated by Built In

Job Summary:
The position of Sourcing Manager requires talented, experienced, professionals with good business acumen, legal acuity, product knowledge, project management and organization skills. These skills, combined with a suite of competencies designed to successfully navigate the enterprise and vendor community, are necessary to produce well-constructed, mid to higher complexity solutions and contracts containing sound financials, balanced risk and measurable vendor accountabilities. Candidate must be a self-starter who requires minimal supervision in performing assigned tasks and has the ability to comprehend legal, financial and business concepts. Candidate will ensure that contracts and payment terms are negotiated in accordance with established Florida Blue contract administration policies and procedures, including all regulatory requirements. Prepares management reporting to summarize the status of contract negotiations and provides information to aid in management decision-making.

 


Essential Functions:

  • The essential functions listed represent the major duties of this role, additional duties may be assigned.
  • Interact and collaborate with internal stakeholders from Legal, Compliance, IT, Sales, Marketing and other functional business areas, as applicable, to:
  • Influence across all levels of management, including executive leadership
  • Lead business requirement gathering sessions
  • Document and prepare comprehensive bidding packages 
  • Represent Florida Blue as the single point of contact with potential suppliers during the RFP process 
  • Facilitate and lead onsite vendor presentations 
  • Develop and facilitate the use of formal scoring matrices to support vendor selection
  • Maintain strict compliance with corporate policies and procedures relating to Business Ethics and Code of Conduct, in addition to the specific procurement regulations established by the Federal Government.
  • Manage continuous process improvement by:
  • Proactively identifying and taking action to improve the applicable procurement processes 
  • Identifying opportunities to increase internal business partners’ education and alignment and acting on ideas
  • Using and analyzing data to support improvement opportunities
  • Utilizes professional specialized expertise in technical, legal, business, procurement and asset management disciplines for the acquisition of tangible and non-tangible assets
  • With minimal supervision, determine the appropriate contracting approach to mid-complexity acquisition needs, as well as draft, present and negotiate all language within such contracts with stakeholders and vendors 
  • Possess a good working knowledge and understanding of legal, risk and business implications of contract language 
  • With minimal supervision, accurately ascertain, manage the associated due diligence regarding, and contractually address the implications of FEP, CMS, State Group, HIPAA, HITECH, etc. requirements on any asset acquisition activity 
  • Develop well thought out acquisition and negotiation strategies and execute with accuracy and agility 
  • Articulate, defend and present contracting strategies and approaches (of both parties) with business stakeholders and management as necessary to gain support and buy-in on negotiating strategies and efforts
  • Construct professionally written executive summaries which articulate, in summary fashion, the initiative supported by the acquisition, the strategy, negotiation highlights, inherent risks and benefits, and financial landscape of mid-complexity contracting efforts 
  • Handle multiple assignments and achieve goals and deadlines in a fast-paced environment

Required Experience:
7+ years related work experience. Experience Details: Successful contract negotiation and execution experience with high-complexity strategic sourcing events and engagements.  Requires strategic as well as tactical knowledge of RFI/RFP/RFQ sourcing processes.

Understands the principals of procurement and supply management.

Proven ability to drive organizational change.

Proven ability to influence across matrix and at all levels of management, including executive level.

Proven ability to lead cross functional teams.

Excellent written and verbal communications skills with the ability to communicate effectively within an organization and diverse audiences.

Solid contract drafting and terminology knowledge that includes understanding of subtleties of contract language, risk based language, contracting traps and pitfalls to avoid, document management and control, and legal acuity necessary to successfully negotiate high-complexity contracts.

Including, but not limited to, Health Services, Business Process Outsourcing (BPO), and Care Management spend categories, possesses a good understanding of human sourcing methodologies to include Consulting, Staff Augmentation, and in-sourcing.

For purchases of products and services, possesses a good understanding of best practices for contracting to acquire goods for the organization as well as consumer products for resale or for distribution and fulfillment arrangements including  an excellent working knowledge of product liability issues.

Computer skills with the ability to utilize software applications required to perform job duties.

Detail and teamwork oriented with excellent organizational skills.

Ability to multi-task and handle several assignments concurrently while still meeting deadlines.

Ability to work independently, reviewing moderate to complex contract issues and recommending appropriate resolutions.

Ability to comprehend complex problems where analysis of situations or data requires an in-depth evaluation of various factors.
 

General Physical Demands:
Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally. 
What We Offer: 
As a Florida Blue employee, you will be at the heart of GuideWell’s vision – to lead the nation in transforming health through compassionate, connected, and technology-enabled care that delivers personalized value and empowered living. 
To support your wellbeing, comprehensive benefits are offered. As an employee, you will have access to: 
 

  • Medical, dental, vision, life and global travel health insurance;
  • Income protection benefits: life insurance, short- and long-term disability programs;
  • Leave programs to support personal circumstances;
  • Retirement Savings Plan including employer match;
  • Paid time off, volunteer time off, 10 holidays and 2 well-being days;
  • Additional voluntary benefits available; and
  • A comprehensive wellness program

Employee benefits are designed to align with federal and state employment laws. Benefits may vary based on the state in which work is performed. Benefits for intern, part-time and seasonal employees may differ.
To support your financial wellbeing, we offer competitive pay as well as opportunities for incentive or commission compensation. We also conduct regular annual reviews with pay for performance considerations for base pay increases. 
Annualized Salary Range: $100,400 - $163,200
Typical Annualized Hiring Range: $100,400 - $125,500
Final pay will be determined with consideration of market competitiveness, internal equity, and the job-related knowledge, skills, training, and experience you bring.
We are an Equal Employment Opportunity employer committed to cultivating a work experience where everyone feels like they belong and can perform at their best in pursuit of our mission. All qualified applicants will receive consideration for employment.

Skills Required

  • 7+ years related work experience in sourcing/procurement
  • Successful contract negotiation and execution for high-complexity strategic sourcing events
  • Strategic and tactical knowledge of RFI/RFP/RFQ sourcing processes
  • Understanding of procurement and supply management principles
  • Experience with contract drafting, terminology, risk-based language, and legal acuity
  • Knowledge of healthcare-related regulatory requirements (FEP, CMS, HIPAA, HITECH) as they relate to acquisitions
  • Experience with Health Services, BPO, and Care Management spend categories and human sourcing methodologies (consulting, staff augmentation, insourcing)
  • Proven ability to lead cross-functional teams and influence at all management levels, including executive leadership
  • Proven ability to drive organizational change
  • Excellent written and verbal communication skills
  • Ability to develop acquisition and negotiation strategies and execute independently with minimal supervision
  • Ability to analyze data and identify process improvement opportunities
  • Computer skills and ability to utilize required software applications
  • Ability to manage multiple assignments and meet deadlines in a fast-paced environment
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Jacksonville, FL
200 Employees
Year Founded: 2014

What We Do

GuideWell Mutual Holding Corporation is a not-for-profit mutual holding company that is the parent to a family of forward-thinking companies focused on transforming health care. We’re at the forefront, forging ahead by innovating, collaborating and advocating for better health. We help people make sense of this new world, forming an integrated ecosystem of products and services and ensuring they get the best experience. We’re relentlessly building and refining to drive higher efficiency and exceptional care. GuideWell – Built for the future of health.

Similar Jobs

Webflow Logo Webflow

Infrastructure Engineer

Artificial Intelligence • Enterprise Web • Software • Design • Generative AI
Easy Apply
Remote
3 Locations
800 Employees
140K-207K Annually

Tempus AI Logo Tempus AI

Customer Service Representative

Artificial Intelligence • Big Data • Healthtech • Machine Learning • Analytics • Biotech • Generative AI
Remote or Hybrid
Illinois, USA
3775 Employees
53K-53K Annually

Order.co Logo Order.co

Quality Assurance Manager

eCommerce • Fintech • Payments • Software
Remote or Hybrid
United States
152 Employees
135K-150K Annually
In-Office or Remote
Austin, TX, USA
12 Employees

Similar Companies Hiring

Sailor Health Thumbnail
Healthtech • Social Impact • Telehealth
New York City, NY
20 Employees
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
OneImaging Thumbnail
Healthtech
Miami, FL
62 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account