Strategic Sourcing Sr Advisor

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.Join HCSC and be part of a purpose-driven company that will invest in your professional development.Job SummaryAs a key member of the Procurement organization, the Strategic Sourcing Senior Advisor is responsible for developing and executing category strategies for Professional Services with a primary focus on IT Consulting, IT Managed Services, IT Outsourcing, and related technology-enabled services. This role serves as a trusted advisor to business and technology leaders, driving sourcing decisions that balance cost, quality, supplier performance, innovation, and risk. This position does not support the procurement of IT hardware or software.The Senior Advisor will lead complex sourcing initiatives, commercial negotiations, category management activities, and supplier relationship strategies for critical enterprise spend categories. The role requires strong business acumen, financial analysis capabilities, executive stakeholder management, and the ability to identify opportunities for cost reduction, cost avoidance, supplier consolidation, and value creation. Success in this role will be measured by the ability to influence business outcomes, deliver measurable savings, optimize supplier performance, and support enterprise strategic objectives.As an Advisor you will gain a vast knowledge of the inner workings and operations for one of the largest healthcare plans in North America. Successful candidates should have a strong desire to learn about the healthcare industry.Key Responsibilities: 1. Lead strategic sourcing activities including RFPs, RFIs, market assessments, supplier evaluations, and category management initiatives.2. Partner with business and technology stakeholders to define requirements, develop sourcing strategies, and align procurement activities with business objectives.3. Conduct internal and external market research, financial analysis, supplier benchmarking, total cost of ownership (TCO) assessments, and pricing evaluations to support sourcing recommendations.4. Independently analyze industry trends, supplier capabilities, market dynamics, and category risks to develop actionable sourcing strategies.5. Lead complex commercial negotiations including contracts, Statements of Work (SOWs), rate cards, service-level agreements, pricing structures, and other commercial terms.6. Develop and execute supplier management strategies focused on performance, risk mitigation, innovation, and value realization.7. Build and maintain relationships with executive stakeholders while managing escalations and competing business priorities.8. Identify and drive cost reduction, cost avoidance, demand management, and supplier optimization opportunities across the category portfolio.9. Manage multiple sourcing initiatives simultaneously while ensuring project timelines, deliverables, and stakeholder expectations are achieved.10. Prepare and deliver executive-level presentations, business cases, sourcing recommendations, and negotiation strategies.11. Actively participate in savings initiatives and contribute to category roadmaps, supplier rationalization efforts, and long-term procurement strategies.Required Job Qualifications: Bachelor's Degree or equivalent experience8+ years progressive experience in procurement, supplier management, category managementProficient at MS Excel, Word, Outlook, and PowerPointStrategic and innovative thinker able to influence and advise the business areasStrong executive presence with outstanding interpersonal, verbal, written communication, and presentation skillsCritical thinking, analytical skills and business acumenConflict resolution skillsConsistent thought leadershipPreferred Job Qualifications: Bachelor's degree in Business, Finance, Supply Chain, Engineering or a related fieldMBA or Masters DegreeExperience sourcing and negotiating IT Professional Services, including IT Consulting, IT Managed Services, IT Outsourcing and Staff Augmentation engagementsExperience negotiating complex commercial agreements, including Master Services Agreements (MSAs), Statements of Work (SOWs), resource pricing models and supplier rate cardsExperience developing business cases and performing financial analysis to support sourcing strategies, supplier selection and investment decisionsExperience conducting supplier benchmarking, cost modeling, and total cost of ownership analyses to identify savings and value creation opportunitiesKnowledge of Business Process Outsourcing (BPO) and technology-enables service delivery modelsKnowledge of e-Procurement systems and tools; experience utilizing Procure-to-Pay and Contracting modules or similar procurement systemsAdvanced Excel and data analysis capabilities with the ability to translate complex data into actionable business recommendationsThis is a Flex (Hybrid) role: 3 days in office; 2 days work from homeSponsorship is not available#LI-PD1#LI-HybridAre you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!Pay Transparency Statement:At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting .The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.HCSC Employment Statement:We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.Base Pay Range$102,000.00 - $184,300.00Exact compensation may vary based on skills, experience, and location.SummaryLocation: IL - ChicagoType: Full time