Director, Strategic Sourcing

| Hybrid
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 Make an impact and love what you do! Vertafore is a top provider of software for the insurance industry that keeps transforming. We create award-winning solutions to boost productivity, lower costs and help agents and carriers grow their businesses. We respect and value our team, and we look to bring the best talent together to make our future even stronger.

Responsibilities

Responsibilities of the Procurement Strategic Sourcing Manager position include:

  • Developing and implementing key categories strategies and procurement processes across all business units.
  • Managing procurement team to meet defined objectives and support company strategy.
  • Developing sourcing strategies to support relevant business unit owners and ensure lowest cost of ownership.
  • Contract and negotiate with suppliers based on strategic aspects and TCO (total cost of ownership) approach.
  • Conduct cost and market analysis to benchmark current suppliers and solutions.
  • Collaborate with senior management to deliver best practice for procurement processes and compliance management.
  • Act as a reliable and well trusted interface between the organization and suppliers.
  • Identify business improvement opportunities, steer and track with key performance metrics through Procurement Dashboard.
  • Research and employ innovative sourcing methodologies and strategies in order to ensure maximum benefit and value for money for the business.
  • Organize and maintain contracts and vendors in procurement database including develop a plan to prioritize and execute the plan
  • Drive renewals with relevant business owners via regular meetings to ensure company is being proactive around its recurring spend including to make decisions to consolidate or cancel certain purchases that would otherwise renew
  • Drive Spend & Renewals Desk weekly meeting to ensure appropriate visibility with business owners and that actions are being taken
  • Drive spend validation to ensure Vertafore is obtaining the best terms in its agreements with its vendors
  • Vigorously negotiate our agreements with vendors to ensure best terms, utilizing playbook and standard templates and best practice RFP processes 

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law equal employment.

The Successful Applicant

The ideal applicant will possess the following skills:

  • Ability to work effectively in a cross functional environment with good negotiation skills and high degree of influencing and communication skills.
  • Assertiveness, high tenacity, ability to work in a team as well as in a self-motivated and flexible way towards agreed objectives.
  • Proven experience developing procurement processes and category sourcing.
  • 7+ years senior procurement management experience in a mid-size company, preferably in the software industry (experience in environments with large IT spend will be considered)
  • Strategic and flexible mindset with analytical and result oriented thinking.
  • Bachelor's degree or other professional procurement credentials preferred
  • Experience and good command of ERP required
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Technology we use

  • Engineering
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • SqlLanguages
    • ReactLibraries
    • ASP.NETFrameworks
    • Microsoft SQL ServerDatabases
    • MySQLDatabases
    • OracleDatabases
    • AWS (Amazon Web Services)Services

Location

Great location in the heart of downtown Denver just a block away from the RTD lightrail.

What are Vertafore Perks + Benefits

Culture
Volunteer in local community
Vertafore offers employees 1 paid day to volunteer at the non-profit of their choice.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Employee-led culture committees
Quarterly engagement surveys
Hybrid work model
President's club
Employee awards
Remote work program
Vertafore is a Flexible First working environment which allows team members to work from home as often as you’d like while using our offices as a place for collaboration, community, and team buildin
Diversity
Highly diverse management team
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Vertafore employees can contribute up to $2750 annually to their FSA.
Disability insurance
Disability insurance covers 100% of annual salary for up to 90 days of disability.
Dental insurance
Our dental plan covers $1500 of expenses per person.
Vision insurance
The vision benefits plan covers 100% for annual eye exams with $175 for glasses or contact lenses.
Health insurance
Vertafore offers three different health plans to meet the needs of our employees.
Life insurance
Pet insurance
We offer a Pet Insurance plan through Nationwide.
Wellness programs
Team workouts
Vertafore's team fitness initiatives include in-office yoga, a partnership with Planet Fitness, and other recreational team sports.
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Vertafore provides employees with a 401(k) matching plan managed by [provider]. We match up to 50% of contributions up to 3% of an employee's annual gross pay.
Employee stock purchase plan
Performance bonus
Pay transparency
Child Care & Parental Leave
Generous parental leave
Vertafore provides up to 6 weeks of parental leave for the primary caretaker. We also provide 6 weeks of leave for the secondary caretaker.
Family medical leave
Adoption Assistance
We reimburse up to $2,500 for eligible adoption expenses and 6 weeks of paid leave.
Company sponsored family events
Vertafore sponsors family oriented events semi-annually.
Vacation + Time Off
Unlimited vacation policy
Paid volunteer time
Paid holidays
Paid sick days
Bereavement leave benefits
Company-wide vacation
Every year on the second Friday in April, our company shuts down for "Refresh & Recharge Day." It's a day to unplug and get back to what you love outside of work.
Office Perks
Commuter benefits
Company-sponsored outings
Vertafore hosts company outings annually.
Free snacks and drinks
In various areas of the office, Vertafore provides weekly fresh fruit services, bagels and donuts on specified days, as well as snacks and drinks.
Some meals provided
We provide free breakfast on Mondays and Fridays.
Company-sponsored happy hours
Recreational clubs
Vertafore sponsors recreational clubs that include sports, board games, video games, book clubs, etc.
Home-office stipend for remote employees
Onsite gym
Professional Development
Tuition reimbursement
Our tuition reimbursement plan offers an annual max of $5,250.
Lunch and learns
Promote from within
Mentorship program
Vertafore's mentorship framework is an independently led experience between a mentee and a mentor. Resources are ongoingly provided to start this relationship and keep it successful & valuable.
Online course subscriptions available
Personal development training

Additional Perks + Benefits

We felt like the stretch of no three day weekends from Feb - May was too long, so we added our own holiday! We celebrate Vertafore Rest and Recharge day in April, and the whole company has a long weekend.

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