Procurement Category Manager

About Acrisure

A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services - and more.


In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.

Job Summary:


As Procurement Category Manager, you will play a pivotal role in optimizing our company's procurement processes. You will be responsible for owning the procurement strategy for assigned areas, establishing and growing critical relationships with business partners both internal and external, conducting vendor negotiations and ensuring proper administration and execution of contracts, and mitigating risk through adherence to and monitoring or established performance metrics, defined internal processes and management routines. You will develop and implement strategies to enhance efficiency, reduce costs, and ensure the highest quality of professional arrangements and goods/services for our organization. Your expertise will drive informed decision-making, supplier relationships, and innovation within the procurement function.


Responsibilities:


Procurement Strategy and Active Category Management

• Strategic Planning: Develop long-range plan, set strategic direction, and execute comprehensive procurement strategies for arrangements and services aligned with the company's objectives and financial targets.
• Contract Management: Consult on statements of work, and negotiate pricing, services, and contract terms. Collaborates with Legal and other subject matter experts to ensure contract accuracy and resolve escalated issues.
• Competitive Analysis: Conduct thorough market research and analysis to identify cost-saving opportunities and potential market, create requests for proposals, identify, evaluate and select suppliers, negotiate favorable terms.
• Cost Optimization: Continuously assess procurement processes to identify areas for cost reduction and efficiency improvement, implementing innovative solutions to drive savings without compromising quality.

Develop Strategic and Collaborative Relationships:

• Trusted Advisor: earns a seat at the table and is sought out when setting strategy, listens intently and seeks to understands, brings proactive ideas to the table.
• Collaboration: Develop strong relationships and collaborate cross-functionally with stakeholders from the field and Home Office (ex: finance, operations, and legal) to align strategies with organizational goals and priorities.
• Influence: Influence leaders on supplier utilization to achieve overall operational and strategic objectives. Engage internal stakeholders and suppliers to bring greater value, better performance, and favorable terms with suppliers.
• Supplier Management: Cultivate and maintain strong relationships with suppliers/partners, negotiating contracts and terms to secure favorable pricing, quality, and service levels.

Manage Procurement Processes and Standards

• Performance Monitoring: Develop and implement key performance indicators (KPIs) and metrics to measure the effectiveness of procurement strategies, regularly analyzing performance data and adjusting strategies as needed.
• Compliance: Ensure compliance with company policies, legal and industry regulations, and ethical standards in all procurement activities, maintaining transparency and integrity throughout the procurement process.
• Risk Management: Proactively identify and mitigate risks related to supplier/partner performance, market volatility, and regulatory compliance to ensure continuity of supply and minimize disruptions.

Requirements:

• Strategic Agility: Anticipates and capitalizes on opportunities, challenges, and disruptions, seeks input from all levels of the organization, creates competitive strategies with actionable implementation plans.
• Collaboration: Ability to effectively communicate with and influence stakeholders at senior levels of the organization, possess political savvy and executive presence. Proven relationship-building skills internally and externally.
• Analytical Mindset: Proficiency in data analysis and market research techniques, using insights to inform strategic decision-making and drive continuous improvement.
• Prioritization: Ability to thrive in a fast-paced, dynamic environment, managing multiple priorities and deadlines effectively while maintaining attention to detail.
• Problem Solving: Looks at challenges as opportunities, identify root causes through open listening and rigorous analysis, pushes for solution and progress over perfection.
• Accountability: Meets commitments, proactively communicates challenges, open and honest communication about issues while owning the outcomes.

Education/Experience:

• Bachelor's degree in business administration, Supply Chain Management, Finance, or a related field. Advanced degree or professional certification preferred.
• Proven experience (5+ years) in procurement, strategic sourcing, supply chain or related roles, with a demonstrated track record of implementing successful procurement strategies and achieving cost savings.
• Experience with Indirect Procurement categories and experience in Financial or Professional Services preferred.

Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.

Why Join Us:

At Acrisure, we're building more than a business, we're building a community where people can grow, thrive, and make an impact. Our benefits are designed to support every dimension of your life, from your health and finances to your family and future.

Making a lasting impact on the communities it serves, Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Children's Hospital in Grand Rapids, Michigan, UPMC Children's Hospital in Pittsburgh, Pennsylvania and Blythedale Children's Hospital in Valhalla, New York.

Employee Benefits

We also offer our employees a comprehensive suite of benefits and perks, including:

• Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
  
• Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
  
• Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
  
• Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.
  
• ... and so much more!
  

This list is not exhaustive of all available benefits. Eligibility and waiting periods may apply to certain offerings. Benefits may vary based on subsidiary entity and geographic location.

Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, religion, sex, national origin, disability, or protected veteran status. Applicants may request reasonable accommodation by contacting View email address on click.appcast.io.

Final candidates will be required to complete post-offer verification processes related to the role and in accordance with applicable laws.

California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.

Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.

Welcome, your new opportunity awaits you.