Strategic Sourcing Specialist

Sourcing Specialist

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.

The Sourcing Specialist plays a key role in creating value across the organization by identifying savings and process improvement opportunities, building strong partnerships with internal teams and suppliers, and developing strategic sourcing solutions. In this role, you'll lead sourcing initiatives, negotiate competitive supplier agreements, and collaborate with business partners to help move solutions through the internal approval process.

Location: This role requires onsite work three days per week at our Brooklyn, Ohio, locationMonday, Wednesday, and Thursday.

Responsibilities:

• Manages sourcing events (RFQ, RFI, RFP, or direct negotiation), supplier selection, and price/contract negotiation.
• Manages Business Unit relationships to ensure collaboration with initiatives impacting spend management and improve strategic sourcing methods with Business Units. Interacts with the business leadership to ensure effective spend management occurs at all levels of the organization.
• Conducts market analyses and benchmarking to refine opportunities. Understands regional and local supply markets, including major suppliers and their capabilities. Identifies short and long term improvement projects.
• Facilitates the development/articulation of sourcing strategies, business requirements, and service levels. Recommends methods of supplier communications, problem resolution, and planning.
• Performs other duties as assigned.

Qualifications:

Education and Experience:

• Bachelor's degree in Business Administration with Supply Chain focus (preferred) or equivalent combination of education and experience
• 2 years to 5 years+ sourcing experience
• Demonstrated success in achieving quantifiable savings through application of strategic sourcing methods and principles.
• Proven track-record in leading cross-functional teams through sourcing strategy development and supplier negotiations.

Professional Certification(s):

• Certified Purchasing Manager (preferred)

Technical Skills and Knowledge:

• Strategic Sourcing Methodology (preferred Services Industry)
• Purchasing
• Project Management
• Financial Modeling and Quantitative Analysis
• Market and Supplier Research
• Price and Contract Negotiation
• Contract Management
• E-Sourcing - Oracle (iProcurement), Access, Excel, Word, and PowerPoint

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Medical Mutual of Ohio