Director, Strategic Sourcing Job Listing at Medical Mutual in Brooklyn, OH (Job ID 2500149)

Description

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.    

Oversees the procurement processes within the organization, ensuring the efficient and cost-effective acquisition of goods and services. This role involves developing and implementing procurement strategies, managing vendor relationships, negotiating contracts, and optimizing procurement operations to support the company's goals and objectives.

Responsibilities:

• Develops and executes strategic sourcing and procurement operations strategies that align with the company's objectives. Develops policies and procedures to ensure compliance with industry standards and company guidelines.
• Establishes and maintains strong relationships with vendors, ensuring they meet quality and cost standards. Collaborates with Business Units to identify business needs and communicates with leadership to ensure effective expenditure management.
• Engages in contract negotiation to secure favorable terms and conditions while achieving cost savings and improved quality and service levels.
• Identifies high risk suppliers and developing performance tracking / key performance indicators and communicates on-going or potential performance issues.
• Leads, mentors, and develops a high-performing team of sourcing, supplier management and purchasing professionals.
• Monitors and evaluates vendor performance to ensure compliance with service level agreements. Understands regional and local supply markets, including major suppliers and their capabilities. Identifies short- and long-term improvement projects.
• Implements and maintains automated systems to enhance procurement processes.
• Performs other duties as assigned.

Qualifications:

Education and Experience:

• Bachelor's Degree in Business Administration required. Supply Chain focus preferred.
• Equivalent education and experience directly related to the role may substitute for a degree.
• 10 years progressive procurement experience, 5 of which are in a leadership capacity.

Professional Certification(s):

• Certified Purchasing Manager or other relevant certification preferred.

Technical Skills and Knowledge:

• Demonstrated experience in strategic procurement and contract negotiation.
• Strong analytical and financial skills.
• Excellent communication and interpersonal skills.
• Knowledge of sourcing and procurement software.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Whether you are working remote or in the office, employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance — insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.

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