IT Procurement Manager
About The Position
The IT Procurement Manager leads strategic sourcing, contracting, and lifecycle management of technology goods and services in support of enterprise business and technology objectives. The role oversees the acquisition of IT hardware, software, SaaS, cloud services, telecommunications, cybersecurity tools, infrastructure, and professional services. It applies disciplined procurement practices to optimize cost, mitigate risk, and ensure compliance with regulatory, security, internal control, and audit requirements. The position partners with IT, Finance, Legal, Compliance, and business stakeholders to manage vendor relationships, support budget planning and forecasting, and build a consistent, transparent, and scalable IT procurement framework. It also leads or mentors procurement analysts supporting IT sourcing activities.
Requirements
- Bachelor’s degree in Business, IT, Supply Chain Management, or a related field; equivalent experience may be considered.
- Leadership or 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
- Preferred certifications include Certified Professional in Supply Management (CPSM), Certified Technology Procurement Executive (CTPE), Project Management Professional (PMP), or equivalent certifications.
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 an up-to-date understanding of emerging insurance technology trends and market benchmarks.
- Lead or mentor procurement analysts supporting IT sourcing activities.
Benefits
- Full benefit package including medical, dental, vision, and 401K.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
