Responsibilities
- Negotiate and process supplier contracts within assigned spend categories by leveraging market conditions, business strategies, spend, strategic importance, geographic considerations, benchmarks, and other key levers
- Through business unit and partnerships, execute on driving cost savings, cost avoidance, risk reduction, enhanced business outcomes, and improved services from supplier, meeting current and future business and category needs
- Review, revise, and / or draft contracts, service level agreements, statements of work and other contract documents with suppliers for strategic deals
- As assigned, evaluate best in class suppliers through RF(x) or similar competitive events with the goal of optimizing supplier engagements
- Be a trusted advisor for business stakeholders in terms of their suppliers and contracts, sourcing best practices, negotiation strategies, contract terms, and other procurement activities
- Ensure consistent communication and project management with the stakeholders of your assigned sourcing intakes throughout the sourcing and procurement lifecycle
- Develop a strong understanding and forecast of key cost drivers and market factors in assigned categories through continuous research and monitoring.
- Support continuous process improvement in all aspects of the sourcing and procurement processes; liaise with the GPTPMS Center of excellence organization in the US to ensure alignment with process, best practices, and talent strategy
- Maintain and promote sound relationships with suppliers, internal matrix partners, business stakeholders, and other parties involved in sourcing and contracting
- Liase with the US GPTPM and Third Party Management Teams when Supplier relationship or performance issues may factor into sourcing projects
- Act as a change agent and demonstrate resiliency as changes occur within GPTPMS or the greater Cigna Group.
Requirements
- Strong written and verbal communication skills with the ability to interact with all levels of the organization.
- Strong skills in understanding legal and commercial supplier contract terms and conditions
- Strong interpersonal/relationship management skills.
- Strong time and project management skills.
- Broad knowledge of all aspects of the Source to Pay lifecycle including onboarding, due diligence, contracting, and payment
- Experience in a broad range of indirect procurement categories; technology category experience preferred
- 7+ Years of relevant experience
- Contracting experience within indirect procurement
- Experience with procurement and sourcing in an onshore/offshore model.
- College degree (Bachelor) in related technical/business areas or equivalent work experience.
- Experience in a broad range of indirect procurement categories; technology category experience preferred
- Exposure to Ariba or similar Procurement systems and iCertis or similar Contract Lifecycle Management (CLM) systems
- Experience working with a matrix organization and other internal partners to execute on goals
Nice to Have
- Experience in the health-related fields such as health services, health insurance, pharmacy benefits management, and related fields
- Experience with HIPAA, Business Associate Agreements (BAAs), and other related US Healthcare concepts
- Experience with Purchase Order terminology and Procure-to-Pay processes and industry standards
- Coaching and mentoring of team members
- Industry certifications such as SIG, CSCP, CPM or similar
Work Arrangement
Hybrid
Team
Structure: team of category management and strategic sourcing professionals within the Third Party Management, & Shared Services (GPTPMS) organization
Additional Information
- Full-time position, working 40 hours per week. Expected overlap with US hours as appropriate
- Primarily based in the Innovation Hub in Hyderabad, India in a hybrid working model (3 days WFO and 2 days WAH)
