Director of Strategic Sourcing and Purchasing

Brown & Brown Insurance•Daytona Beach, FL

1d•Onsite

About The Position

The Director of Strategic Sourcing & Purchasing 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, Claims, Underwriting, Legal, Operations, and Supply Chain 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 our business and its teammates, vendor governance, third-party risk, and data privacy standards critical to the insurance sector. This leader is considerate, empathetic, collaborative, and oriented toward consensus building.

Requirements

Bachelor’s degree in Business, Supply Chain, Finance, or related field
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

Nice To Haves

Procurement certification (e.g., CIPS, CPSM) is a plus

Responsibilities

Define and implement an enterprise-wide procurement strategy aligned with organizational goals, risk appetite, and compliance requirements.
Building a team across the organization utilizing both current teammates and direct hires as needed.
This teammate will also be responsible for relationships with professional consultants in the building of the procurement function.
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 Finance, IT, Legal, Compliance, Claims, Underwriting, 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.
Other duties as assigned