IT Procurement Manager
About The Position
The IT Procurement Manager is responsible for leading the strategic sourcing, contracting, and lifecycle management of technology goods and services to support enterprise business and technology objectives. This role ensures the effective acquisition of IT hardware, software, cloud services, and professional services through disciplined procurement practices that optimize cost, mitigate risk, and ensure compliance with regulatory, security, and internal control requirements. The IT Procurement Manager partners closely with IT, Finance, Legal, Compliance, and business stakeholders to deliver value-driven vendor relationships, support budget planning and forecasting, and advance a consistent, transparent, and scalable IT procurement framework.
Requirements
- Bachelor’s degree in Business, IT, Supply Chain Management or related field and equivalent experience may be considered.
- Leadership/Management experience required
- Seven or more years of Procurement Management experience required
- Knowledge of information technology concepts, techniques and processes required.
- Strong understanding of cloud computing, cybersecurity frameworks, and IT infrastructure
- General knowledge of insurance company operations required.
Nice To Haves
- Certified Professional in Supply Management (CPSM), Certified Technology Procurement Executive (CTPE), Project Management Professional (PMP) or equivalent certifications may be considered.
Responsibilities
- Develop and execute procurement strategies for IT hardware, software, SaaS, cloud, and telecommunications aligned with enterprise technology objectives.
- Partner with IT, Finance, Compliance, and Legal to ensure vendor contracts meet security, data privacy, and regulatory standards
- Negotiate vendor agreements, renewals, and service-level commitments to achieve optimal value and mitigate risk.
- Manage relationships with IT vendors, including software providers, managed service providers, and cloud partners.
- Implement structured vendor performance management, including KPT tracking, quarterly business reviews and risk assessments
- Support IT budget planning through cost analysis, forecasting, and total cost of ownership (TCO) tracking.
- Ensure compliance with internal procurement policies and audit requirements.
- Identify opportunities for process improvements, cost savings, and contract standardization.
- Maintain up-to-date understanding of emerging insurance technology trends and market benchmarks.
- Lead or mentor procurement analysts supporting IT sourcing activities.
Benefits
- Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
