Strategic Sourcing Consultant

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Location: We support US flexible working arrangements in the contiguous 48 states.

At Sun Life, we look for optimistic people who want to make life brighter for our Clients. We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work. Every day, you’ll be empowered and challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America.

The Focus:

This role is expected to perform analysis and drive business implications independently with minimum guidance. Such analysis include (but are not limited to) benchmarking, total cost of ownership, RFP responses analysis, cost saving, etc. Preparing and presenting sourcing recommendations and strategic initiatives, using data visualization techniques will be a key part of the role.

The opportunity:

How You’ll Find Success

• Demonstrating an ability and drive to learn within a fast-moving team, while being able to demonstrate proactiveness and enthusiasm for procurement
• Identifying and meeting local and regional requirements while implementing global standards
• Listening to and appropriately addressing stakeholder feedback regarding quality of work and work prioritization
• An ability to provide flexible and creative procurement support, exhibit high standards of corporate governance and process compliance, and proactively identify opportunities
• An ability to communicate with and work closely with the procurement leadership, and also with senior stakeholders in the business/service function within Sunlife

​How You’ll Grow

• Expand Your Horizons: Gain exposure to diverse work cultures and global business practices
• Become a Strategic Partner: Build strong relationships with senior leadership and contribute to Sunlife' overall success
• Make a Lasting Impact: Leave a legacy of positive change, shaping the future of work for Sunlife employees worldwide
• Learning on the go: have an open mind and willingness to learn from best in class procurement specialists

How you will contribute:

• Conduct regular detailed spend analysis to identify trends and opportunities by category, subcategory, business unit and geography, or as required
• Analyze large datasets to uncover trends, risks and cost-saving opportunities in sourcing strategies across various categories
• Conduct market research and benchmarking analysis to evaluate potential suppliers, track market trends, and identify emerging opportunities for strategic partnerships
• Perform required contract management activities, including processing amendments, monitoring expiration dates, updating supporting documentation, etc.
• Communication and management of relationship with external suppliers and partners at the relevant seniority levels as part of sourcing processes, for example, scheduling of supplier negotiation meetings, etc.
• Supporting organization-wide procedures for governance, risk and compliance management that manage, mitigate and minimize risks to Sunlife and its clients and partners
• Preparation of relevant data to enable tracking of management information and KPIs such as category savings, procurement timescale SLAs
• Ownership of elements of the sourcing process, under the guidance of the relevant Stakeholder. This may include identification of potential suppliers, market research, production of tender documentation, management of RFx timelines, supplier evaluation, and support of negotiations
• Acquiring, maintaining and developing expertise, knowledge and information to support continuous improvement in allocated category(ies) from relevant internal and external sources

What you will bring with you:

• 3+ years experience in Consulting or Financial Services; Procurement experience is a plus
• Proficiency in data analytics and data visualization tools to interpret procurement data and communicate findings is required
• Bachelor’s Degree in Procurement, Engineering, Business, Finance, or related subject preferred
• Strong business and financial acumen
• Ability to effectively communicate information in a clear and understandable manner, both verbally and written
• A proven track record of monitoring and prioritizing work, meeting deadlines and KPI’s
• Strong problem-solving skills and techniques with an ability to understand and carry out spend analysis and generate insightful value adding conclusions
• A strong understanding of Procurement processes: Category Planning, Strategic
• Sourcing and Supplier Relationship Management
• Experience with SAP Ariba preferred
• Competent in Microsoft Office programs, specifically Excel is highly desirable

Do you see yourself in this role even if you haven’t checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

Life is brighter when you work at Sun Life

• Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account
• A flexible work environment with a friendly, caring, collaborative and inclusive culture
• Great Place to Work® Certified in Canada and the U.S.
• Named as a “Top 10” employer by the Boston Globe's “Top Places to Work” two years running

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you are a California resident, the salary range for this position is:

• Southern California region: $84,100 - 126,200 annually 
• Central California region:$94,700 - 142,100 annually 
• Northern California region: $94,700 - 142,100 annually 

If you are a Minnesota, Colorado or Nevada resident, the salary range for this position is $80,200 - 120,300 annually 

If you are an Illinois, Connecticut or Maryland resident, the salary range for this position is $84,100 - 126,200 annually 

If you are Washington, Washington D.C., and Rhode Island resident, the salary range for this position is $94,700 - 142,100 annually 

If you are a New York resident, the salary range for this position is $94,700 - 142,100 annually 

We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

#LI-remote

What you will bring with you:

• 3+ years experience in Consulting or Financial Services; Procurement experience is a plus
• Proficiency in data analytics and data visualization tools to interpret procurement data and communicate findings is required
• Bachelor’s Degree in Procurement, Engineering, Business, Finance, or related subject preferred
• Strong business and financial acumen
• Ability to effectively communicate information in a clear and understandable manner, both verbally and written
• A proven track record of monitoring and prioritizing work, meeting deadlines and KPI’s
• Strong problem-solving skills and techniques with an ability to understand and carry out spend analysis and generate insightful value adding conclusions
• A strong understanding of Procurement processes: Category Planning, Strategic
• Sourcing and Supplier Relationship Management
• Experience with SAP Ariba preferred
• Competent in Microsoft Office programs, specifically Excel is highly desirable

Do you see yourself in this role even if you haven’t checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

Life is brighter when you work at Sun Life

• Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account
• A flexible work environment with a friendly, caring, collaborative and inclusive culture
• Great Place to Work® Certified in Canada and the U.S.
• Named as a “Top 10” employer by the Boston Globe's “Top Places to Work” two years running

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you are a California resident, the salary range for this position is:

• Southern California region: $84,100 - 126,200 annually 
• Central California region:$94,700 - 142,100 annually 
• Northern California region: $94,700 - 142,100 annually 

If you are a Minnesota, Colorado or Nevada resident, the salary range for this position is $80,200 - 120,300 annually 

If you are an Illinois, Connecticut or Maryland resident, the salary range for this position is $84,100 - 126,200 annually 

If you are Washington, Washington D.C., and Rhode Island resident, the salary range for this position is $94,700 - 142,100 annually 

If you are a New York resident, the salary range for this position is $94,700 - 142,100 annually 

We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email [email protected] to request an accommodation.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

Procurement

12/11/2024

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.