AVP, Category Manager, Marketing & Business Unit Support

Chubb • Jersey City, NJ

2d

About The Position

This position is responsible for leveraging contract and spend data analytics to
proactively identify sourcing opportunities and drive value across Chubb’s Human
Resources, Marketing and Insurance Business Unit Spend. The role will work
closely with internal stakeholders and Sourcing leadership to lead corporate
services sourcing projects, support strategic priorities, and deliver on expense
reduction initiatives. By conducting in-depth data analysis, the Category Lead
will inform strategic decision-making, uncover cost-saving opportunities, and
provide consultative support to resolve business challenges.

This role will champion the development and execution of strategic sourcing
strategies with the goal of optimizing spend, mitigating risk, maximizing
savings, and assuring quality and delivery of technology products and services
to Chubb. Success in this position requires strong analytical capabilities,
sound negotiation skills, and extensive experience in strategic sourcing.

Requirements

• strong analytical capabilities
• sound negotiation skills
• extensive experience in strategic sourcing

Nice To Haves

• Evaluating sourcing procedures and presenting improvement strategies to senior management for approval
• Analyzing and calculating procurement costs and developing cost reduction strategies
• Driving purchasing decisions based on cost and scenario analysis, as well as market trends
• Negotiating contracts with key suppliers including costs and terms of supply, service, and quality
• Collaborating with the procurement department to identify and pursue new supplier opportunities
• Conducting market research, as well as creating cost estimates and forecasts
• Estimating risks and applying risk minimizing techniques, as well as negotiating contracts that comply with industry regulations
• Maintaining strategic sourcing relationships and developing strong partnerships

Responsibilities

• Leverage contract review and detailed spend analytics to proactively identify sourcing opportunities, cost reduction initiatives, and risk mitigation strategies across the Technology and Software categories.
• Direct cross-functional teams through the full strategic sourcing cycle, including vendor identification and selection, price negotiation, and contract “red-lining” in collaboration with Legal counterparts for MSAs, Schedules, SOWs, etc., ensuring contract terms align with business objectives and cost optimization goals.
• Directly manage high-value sourcing engagements of varying spend, risk, and complexity levels in categories.
• Regularly analyze spend data and contract terms to assess savings opportunities, track compliance, and support business case development for sourcing initiatives.
• Agree with business clients on approach and schedule for sourcing projects and related contract negotiations, incorporating data-driven insights into planning and execution.
• Communicate regularly with key business stakeholders regarding project approach, scope, key issues, status, business requirements, and relevant dependencies, using analytics to inform discussions and recommendations.
• Assess and quantify savings opportunities on all engagements, working with clients to achieve optimal outcomes based on spend analysis and contract benchmarking.
• Report on cost reductions, savings, and value delivered, supported by robust spend analytics and contract performance metrics.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees