Procurement – Category Management
Company | Geico |
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Location | Chicago, IL, USA, New York, NY, USA, Bethesda, MD, USA |
Salary | $93000 – $154000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Mid 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