Contract manager (14453) - united states, mckinney

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globe life insurance company is looking for a contract manager to join their team in the finance (procurement) department for our corporate location in mckinney, texas.

we offer a completive salary with a great benefits package, including 401(k) match, medical, dental, and vision health plans, short - term and long-term disability, paid time off, tuition reimbursement and other career development opportunities.

job summary

in this role, the contract manager will contribute to all aspects of the strategic sourcing processes including market opportunity identification, strategy and portfolio development, contract negotiations, participate in the legal review process and contract implementation. working directly with the senior director of procurement, you will actively participate in the contract renewal and competitive bid process while utilizing and developing effective negotiation skills. this role will manage priorities identified by the enterprise project management office (epmo) and develop contracting strategies to reduce spend, improve operational efficiencies, and maximize internal stakeholder satisfaction. you will drive operational excellence and continuous improvement while being part of an environment where team members can grow, learn, do their best work, and feel appreciated.

primary duties & responsibilities

* competitively source technology spend through engagement of strategic suppliers and application of industry knowledge
* in collaboration with the procurement director, facilitate the competitive bid process to include: market research, design bid requirements and decision scorecards (with input for business), issue bid documents, facilitate all vendor q&a, financial analysis, formal award decisions/announcements) and post award vendor management.
* draft, negotiate, project manage and execute contractual documents including but not limited to master service agreements, statements of work, letter agreements, ndas and purchase orders, etc.
* measure and manage vendor performance relative to contracted service levels and key performance indicators (kpis)
* resolve strategic supplier performance issues to ensure internal customer satisfaction
* supplier management - supporting the evolution of supplier management through supplier scorecard development and supplier quarterly business reviews
* utilizes the appropriate support tools to drive results and deliver savings
* intellectual property licensing
* liaise with information technology to interpret technical specifications to commercial and corporate financial requirements
* responsible for ad hoc duties/projects as assigned by procurement director
* summarize and present business cases and agreements for executive review and approval
* collaborate with procurement director and accounts payable on procure2pay (p2p) strategy and draft recommendations
* coach procurement analyst on how to perform total cost of ownership (tco) analysis
* participate in cross-functional meetings across the company to include enterprise project management office (epmo)
* work under "hybrid"office model within the encouraged work hours and schedule including required meetings and timely attendance
* work performed primarily in an office environment, consisting of light to moderate physical activity, including use of computer, telephone and/or other office equipment
* all team members must adhere to globe's mission statement, core values, and company policies and customer service standards.

knowledge, skills & abilities

* ba/bs in business or related field
* 5 years' experience working with contracts and negotiations required
* experience in the insurance industry preferred
* demonstrated expertise in competitive bidding, and management of high profile agreements.
* excellent verbal, written presentation skills.

education & work experience required

* 5 years experience in technology contracting, strategic sourcing or similar role
* proven track record of developing and implementing strategic initiatives
* outstanding written and verbal communication skills, able to clearly and concisely communicate information at multiple levels, adapting easily to change.
* advanced strategic sourcing skills: ability to manage multiple category strategies; rfp / rfi / rfq, contract negotiations, vendor lifecycle management, understanding of risk mitigation principles, and understanding of various cost evaluation methods (tco, roi, etc.)

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