Procurement Manager

ABOUT US

At HUB International we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals families and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn grow and make a difference. Our structure enables our teams to maintain their own unique regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is a global insurance and employee benefits broker providing a boundaryless array of business insurance employee benefits risk services personal insurance retirement and private wealth management products and services. With over $5 billion in revenue and almost 20000 employees in 600 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions.

Position Summary:

HUB International is seeking an exceptional practitioner who will report to our Director of Procurement as a member of our Procurement team department charged with securing savings avoiding unnecessary costs and deploying efficient procurement processes across the enterprise. This position will be based at our headquarters in Chicago Illinois. The Procurement Manager will assist the Director and other members of the Procurement team by partnering with our business units and corporate departments on sourcing and procurement activities and participating in the design implementation and enforcement of policies processes systems and results across the addition to helping to drive cost savings / cost avoidance this position will have significant responsibility for supplier development and performance including quality and lead-time reliability as well as reporting and identification of demand management opportunities. The person in this role will have an opportunity to grow within the role and department cementing their position in a function poised for continued success.

Essential Duties and Responsibilities:

• Own all activities related to the RFP process including supplier research RFP creation submissions timelines total cost of ownership analysis contract and term negotiation with final recommendation and any additional next steps. Monitor the contract lifecycle and partner with internal stakeholders on renewals. Identify opportunities to drive value through improvements in supplier performance.

• Manage communications in leading a team of internal constituents in supplier evaluation and selection processes.

• Draft RFPs with project / service specifications and service level targets questions that will help drive supplier differentiation and proposed pricing models.

• Manage all supplier communications throughout the RFP process.

• Negotiate pricing terms and service levels across software hardware and professional services agreements to optimize cost and reduce risk.

• Leverage business relationships to implement cost savings projects and influence the business to drive procurement strategies.

• Utilize Microsoft Excel and other procurement applications to build cost models and pricing comparisons across multiple vendor proposals to support data-driven sourcing decisions..

• Convert data / inputs from multiple sources into actionable information.

• Ensure that selected suppliers meet or exceed Hubs needs at a market competitive price point.

• Manage savings tracking and category management to ensure initial savings expectations are realized and additional savings can be identified and captured.

• Assist colleagues with establishing supplier management standards and practices inclusive of measuring suppliers against SLAs that are established as a result of the RFP / contracting process.

• Work with internal stakeholders and develop new and repeat internal customers to build on-going relationships that serve as pipeline for future procurement activities.

• Continuously seek out cost savings opportunities and leads efforts to realize those savings.

• Prepare and participate in various management presentations utilizing Microsoft PowerPoint.

• Identify and implement tools and technologies that streamline procurement processes and improve efficiency.

• Extract relevant data from ERP / APsystems spend analytics solutions and contract repositories.

• Role will be handling multiple projects or components thereof while assisting junior Procurement staff with RFPs or other projects on an as-needed basis.

• Travel up to 5% as required.

Position Requirements:

• Minimum of 5 - 7 years of Procurement or Strategic Sourcing related experience.

• Strong analytical relationship and communication skills.

• Detail oriented and a focus on accuracy.

• Strong financial acumen with the ability to forecast expenditures.

• Advanced mastery of Microsoft Excel and/or other financial modeling tools.

• Must be action/results orientation with the ability to work with minimal oversight to be self-motivated and proactive in achieving individual/team objectives.

• Ability to work collaboratively and build strong relationships across the organization.

• Must be comfortable with challenging the status quo to seek a better more effective / efficient way of doing business.

• Experience with Reviewing and red-lining contracts and coordinating with Legal to protect the organization from undue risk and ensure that business issues agreed to during proposal / negotiation process are formally documented.

• Category experience with general office products / services travel HR a plus.

Educational Requirements:

• Bachelors Degree in Business Finance Accounting or related fields or commensurate Procurement / IT experience required.

JOIN OUR TEAM

Do you believe in the power of innovation collaboration and transformation Do you thrive in a supportive and client focused work environment Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization When you join HUB International you will be part of a community of learners and doers focused on our Core Values: entrepreneurship teamwork integrity accountability and service.

The expected salary range for this position is $100000 to $125000 and will be impacted by factors such as the successful candidates skills experience and working location as well as the specific positions business line scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HAS and 401(k) accounts paid-time-off benefits such as vacation sick personal floating holidays and company addition eligible annual bonuses equity and commissions may be available for some positions.

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.

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