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IT Procurement Manager

$111.18k

Farm Bureau Insurance

OBJECTIVEIT Procurement Manager ObjectiveThe IT Procurement Manager is responsible for leading the strategic sourcing, contracting, and lifecycle management of technology goods and services to support enterprise business and technology objectives. This role ensures the effective acquisition of IT hardware, software, cloud services, and professional services through disciplined procurement practices that optimize cost, mitigate risk, and ensure compliance with regulatory, security, and internal control requirements. The IT Procurement Manager partners closely with IT, Finance, Legal, Compliance, and business stakeholders to deliver value-driven vendor relationships, support budget planning and forecasting, and advance a consistent, transparent, and scalable IT procurement framework.RESPONSIBILITIESIT Procurement Manager ResponsibilitiesThe IT Procurement Manager oversees the sourcing, negotiation, and management of technology goods and services that support the company’s operations. This includes software licensing, cloud solutions, cybersecurity tools, infrastructure, and IT consulting services. The role ensures all procurement activities align with regulatory requirements, internal controls, and the company’s strategic technology goals.Develop and execute procurement strategies for IT hardware, software, SaaS, cloud, and telecommunications aligned with enterprise technology objectives.Partner with IT, Finance, Compliance, and Legal to ensure vendor contracts meet security, data privacy, and regulatory standardsNegotiate vendor agreements, renewals, and service-level commitments to achieve optimal value and mitigate risk.Manage relationships with IT vendors, including software providers, managed service providers, and cloud partners.Implement structured vendor performance management, including KPT tracking, quarterly business reviews and risk assessmentsSupport IT budget planning through cost analysis, forecasting, and total cost of ownership (TCO) tracking.Ensure compliance with internal procurement policies and audit requirements.Identify opportunities for process improvements, cost savings, and contract standardization.Maintain up-to-date understanding of emerging insurance technology trends and market benchmarks.Lead or mentor procurement analysts supporting IT sourcing activities.QUALIFICATIONSIT Procurement Manager QualificationsRequiredBachelor’s degree in Business, IT, Supply Chain Management or related field and equivalent experience may be considered.Leadership/Management experience requiredSeven or more years of Procurement Management experience requiredKnowledge of information technology concepts, techniques and processes required.Strong understanding of cloud computing, cybersecurity frameworks, and IT infrastructureGeneral knowledge of insurance company operations required.Certifications (Preferred): Certified Professional in Supply Management (CPSM), Certified Technology Procurement Executive (CTPE), Project Management Professional (PMP) or equivalent certifications may be considered.Note: This is a hybrid position working bth remotely from the state of Michigan and from the Farm Bureau Home Office located in Lansing, Michigan.Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.PM19Job SummaryJob ID: 2026-8693# of Openings: 1Location: Lansing, MICategory: Information TechnologyCompany Name: Farm Bureau Life Insurance Company of MichiganStatus: Regular Full-TimeWork Hours: Monday-Friday, 8:00 a.m.-4:30 p.m.Salary Minimum: USD $111,180.00/Yr.

Vacancy posted 12 hours ago
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