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Procurement – Category Management

Procurement – Category Management

CompanyGeico
LocationChicago, IL, USA, New York, NY, USA, Bethesda, MD, USA
Salary$93000 – $154000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level, Senior

Requirements

  • Bachelor’s degree or military experience preferred
  • 3-5 years of experience in marketing, product, or real estate business sector
  • Strong problem solving, critical thinking, and analytical skills
  • Proven track record of identifying and implementing improvements to business processes
  • Experience negotiating contracts, including professional services
  • Experience with ensuring customer requirements are met during the negotiation process
  • Experience communicating with senior management and responding to their inquiries and requests
  • Excellent communication and time management skills; able to communicate contract issues to diverse audiences
  • Provide problem-solving and innovative ideas to support internal customers
  • Demonstrated ability to negotiate with vendors to more effectively position GEICO to receive the best value proposals for the corporation

Responsibilities

  • Contract SME for all new and “Key” incumbent renewal contracts for their supplier
  • Works closely with internal team members establishing and maintaining relationships with internal business partners to ensure products and services align with Geico’s information security protocols and domain target architectures
  • Identify value-generating opportunities (e.g., savings, efficiencies, or revenue growth) within supplier engagements, licensing models, or services
  • Comfortable leading RFx events to build leverage with GEICO suppliers and deliver more favorable pricing and contract terms
  • Lead contract negotiations in alignment with Geico contract processes, policies, and procedures
  • Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures
  • Monitor and ensure successful delivery against third party contractual obligations, including management of SLAs, True-ups, notification windows, etc.
  • Lead execution of policy requirements for managed third-party relationships
  • Plan and lead periodic risk reviews and assessments of supplier relationships

Preferred Qualifications

  • 4-year degree with Finance, Business Administration, or Supplier Management major
  • Experience with a large service provider
  • Experience with contract management systems