Director of Strategic Purchasing and Procurement

Brown & Brown-posted 4 months ago
Full-time • Senior
Daytona Beach, FL
Insurance Carriers and Related Activities
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The Director of Strategic Purchasing and Procurement is responsible for leading the strategic sourcing, vendor management, and procurement operations across the organization, ensuring alignment with the company's goals, regulatory requirements, and operational needs. The Procurement Leader collaborates cross-functionally with business units such as IT, Finance, Real Estate, Tax, and Legal to align procurement objectives with broader business goals. Strong leadership, strategic thinking, and analytical skills are essential to drive continuous improvement and maximize value from the supply base. The role demands a deep understanding of vendor governance, third-party risk, and data privacy standards critical to the insurance sector.

  • Define and implement an enterprise-wide procurement strategy aligned with organizational goals, risk appetite, and compliance requirements.
  • Lead strategic sourcing initiatives for key vendor categories such as IT systems, CRM platforms, marketing agencies, compliance services, office supplies, and facilities.
  • Evaluate and manage procurement tools and platforms (e.g., contract management systems, e-sourcing tools, ERP integrations) to improve efficiency and visibility.
  • Manage the end-to-end procurement process, including RFIs, RFPs, contract negotiations, and performance monitoring.
  • Track and report on procurement KPIs, cost savings, and supplier performance metrics.
  • Partner closely with IT, Finance, Real Estate, Tax, Legal, and business unit leaders to understand procurement needs and drive alignment across the organization.
  • Ensure vendor compliance with industry regulations (e.g., data privacy, cybersecurity, financial conduct).
  • Establish and maintain a preferred supplier list and manage vendor onboarding and risk assessments.
  • Support contract lifecycle management, ensuring legal and regulatory compliance.
  • Lead and mentor the procurement team, fostering a high-performance culture and ensuring skill development across sourcing, negotiation, and contract management.
  • Bachelor's degree in Business, Supply Chain, Finance, or related field; procurement certification (e.g., CIPS, CPSM) is a plus.
  • 10+ years of procurement or strategic sourcing experience, preferably in professional services or financial/insurance services.
  • Strong knowledge of vendor management best practices and procurement technology tools.
  • Strong understanding of insurance operations, compliance, and vendor risk management frameworks.
  • Familiarity with regulatory environments impacting insurance (e.g., GDPR, SOC2, FINRA/SEC guidelines).
  • Ability to work cross-functionally and manage multiple priorities in a fast-paced setting.
  • Proven track record of delivering measurable cost savings and procurement improvements.
  • The ability to influence change and continuous improvement in keeping up with a constantly growing and changing environment.
  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Paid Time Off, Holidays, Preferred Partner Discounts and more.
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