Sourcing Manager

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Charlotte, NC
In-Office
Insurance
The Role

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

As a Sourcing Manager, you will work directly with the Line of Business and functional leaders in fulfillment of their supplier provided product and service needs. You will also lead a team of Sourcing Leads to deliver business solutions to support the mission of the group.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Supports all phases in the development of complex and strategic acquisitions of third-party/affiliate solutions to include consulting on statements of work, creating requests for proposals, identification of qualified suppliers, proposal evaluations and negotiation of pricing, services, and contract terms.
  • Applies knowledge guiding Business Units in the design and execution of strategic sourcing plans and solutions to achieve client's strategy through deployment of third-party solutions.
  • Interprets the provisions and terms of all contract risks with a focus on complex and significant risk contracts that can hinder the Enterprise's ability to execute on the mission, damage reputation, and/ or impair financial stability of the Enterprise such that capital strength or liquidity is impacted.
  • Collaborates with Legal and other subject matter experts as needed to interpret and ensure accuracy of contracts and resolve escalated issues.
  • Provides client consultation, evaluates client requirements, dependencies and advises in the development of contract specifications to achieve pre-established savings, quality, and risk/cost avoidance targets.
  • Influences business leaders on third-party utilization to achieve overall operational and strategic objectives.
  • Engage internal stakeholders and suppliers to bring greater value, better performance and favorable terms with suppliers delivering solutions.
  • Leads team and guides fellow sourcing and procurement staff to ensure goals are achieved.
  • Utilizes significant background experience in Procurement Strategy and planning to develop complex sourcing strategies.
  • Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in concert with internal experts.

Required Qualifications:

  • Bachelor’s degree or equivalent experience
  • 3-5 years of experience in procurement execution, to include planning, sourcing, and/or solutioning, to include 3 years of experience negotiating and authoring contracts, terms and conditions, and pricing.
  • Ability to:
    • Create successful procurement engagements focused on delivering business value.
    • Lead strategic sourcing methods and drive process efficiency.
    • Communicate to all levels of the organization.
    • Apply strategic sourcing principles to procurement projects.
    • Work in cross-functional teams or projects.

Preferred Qualifications:

  • Experience in the procurement of products and professional services categories.
  • Experience with industry standard analytics platforms/ERP (Workday, PowerBI, Excel, etc.).
  • Experience leading RFP process (helping generate requirements with the business, evaluation criteria, evaluation of proposals, negotiation, and award).
  • Degree or equivalent experience in Business, Supply Chain Management and/or Technology.

Location: This role is hybrid based in Charlotte, NC.

General Description of Available Benefits for Eligible Employees of TIH Insurance: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. Depending on the position and division, this job may also be eligible for restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.

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The Company
HQ: Birmingham, Alabama
2,066 Employees
Year Founded: 1982

What We Do

CRC Group is one of the largest wholesale insurance distributors in the U.S.

CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh.

CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more.

CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well.

These are just some of the ways CRC Group is placing you first.

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