Procurement Manager

Strayer Education, Inc.•Minneapolis, MN

10d•$106,500 - $159,800

About The Position

The Procurement Manager leads hands-on sourcing, negotiation, contracting, supplier management, and procurement initiatives across a broad range of categories. The role partners with business leaders, Finance, Legal, and other stakeholders to assess commercial opportunities, negotiate favorable outcomes, manage supplier relationships, and improve purchasing practices. The successful candidate manages procurement initiatives from initial business need and market assessment through sourcing, negotiation, contracting, implementation, and ongoing supplier management. The role also coordinates the organization's corporate insurance program in partnership with internal stakeholders, brokers, carriers, and other external partners. Responsibilities include renewals, coverage administration, certificates of insurance, claims coordination, and related risk-management activities. The Procurement Manager develops procurement policies, procedures, templates, reporting, and operating practices; builds relationships across business functions; and advises stakeholders on commercially sound decisions. The role may involve occasional travel and may require onsite work depending on the role's location and arrangements. The position requires the ability to work more than 40 hours per week when business needs warrant. SEI offers a comprehensive package of benefits to employees scheduled 30 hours or more per week. The expected salary range is $106,500.00 to $159,800.00.

Requirements

At least 5 years of progressive procurement, strategic sourcing, supplier management, or related commercial experience.
Demonstrated ability to independently lead complex supplier negotiations and sourcing initiatives.
Broad procurement experience across multiple spend categories, supplier types, and business functions.
Ability to independently manage the full procurement lifecycle.
Strong sourcing and negotiation capability with demonstrated experience producing measurable commercial outcomes.
Strong commercial judgment, including understanding supplier pricing, contract structures, risk, and operational requirements.
Strong analytical and quantitative skills, including analysis of pricing, spend, supplier proposals, total cost, and financial trade-offs.
Strong written and verbal communication skills and ability to distill complex commercial issues into clear recommendations.
Ability to influence stakeholders and establish credibility with senior business leaders.
Ability to navigate competing stakeholder priorities and drive decisions without relying solely on formal authority.
Strong project-management and organizational skills, with ability to manage numerous initiatives simultaneously.
Comfort working with procurement, contract lifecycle management, ERP, and related business systems.
Advanced proficiency with Microsoft Excel and proficiency with PowerPoint and other standard business applications.
Bachelor's degree from an accredited institution or equivalent combination of education and relevant professional experience.
Ability to travel occasionally when a business need arises.
Ability to meet critical-thinking and problem-solving requirements and communicate effectively with coworkers.
Ability to work more than 40 hours per week when business needs warrant.
Ability to access information using a computer.

Nice To Haves

Experience working across multiple indirect spend categories.
Experience partnering directly with Finance, Legal, and senior business stakeholders.
Experience with Coupa or similar source-to-pay platforms.
Experience working with corporate insurance programs, insurance brokers, risk management, or commercial insurance.
Experience in a decentralized or complex organization with multiple business units.
Prior people-management experience.
Business, Finance, Supply Chain, Economics, or related field of study.
Professional certifications such as CPSM, CPSD, C.P.M., CPCU, ARM, or similar procurement or risk-management credentials.

Responsibilities

Lead sourcing and procurement initiatives across a broad range of goods and services from initial business requirements through supplier selection, negotiation, contracting, and implementation.
Develop sourcing strategies based on business requirements, supplier markets, spend, competitive dynamics, incumbent performance, and opportunities for cost reduction or value creation.
Lead competitive sourcing processes, including RFIs, RFPs, RFQs, supplier evaluations, bid analysis, and supplier negotiations.
Negotiate supplier commercial terms, including pricing, fee structures, service levels, renewal terms, price protections, and termination rights.
Evaluate supplier proposals and contract economics through quantitative and qualitative analysis, including total cost of ownership, pricing benchmarks, utilization, demand, and alternative commercial structures.
Develop recommendations and business cases to support supplier and purchasing decisions.
Partner with Legal and business stakeholders during contract negotiations to address commercial and contractual considerations.
Manage supplier renewals and assess opportunities to reduce costs, improve terms, consolidate suppliers, adjust services, or test the external market.
Build productive supplier relationships while maintaining commercial discipline and accountability.
Identify opportunities to simplify the supplier landscape, improve purchasing processes, reduce unnecessary spend, and increase procurement effectiveness.
Support procurement operations and governance, including purchase orders, contracting processes, procurement systems, policies, and controls.
Use procurement and spend data to identify trends, opportunities, risks, and areas requiring management attention.
Prepare and present financial analyses, sourcing recommendations, supplier comparisons, and procurement updates to business and executive leadership.
Manage multiple sourcing, contracting, and supplier initiatives simultaneously with limited oversight.
Coordinate day-to-day administration of the corporate insurance program with Finance leadership, insurance brokers, carriers, Legal, and internal stakeholders.
Coordinate annual insurance renewals, including collecting and validating exposure data, completing applications, reviewing coverage and pricing proposals, and preparing information for renewal decisions.
Maintain records of insurance policies, coverage limits, premiums, deductibles, renewals, certificates, and related documentation.
Coordinate certificates of insurance and other evidence-of-coverage requests from customers, vendors, landlords, and other counterparties.
Partner with Legal, Procurement, business stakeholders, and the insurance broker to evaluate contractual insurance requirements and identify potential coverage gaps or unusual requirements.
Assist with claims administration and communications among internal stakeholders, brokers, carriers, and third-party administrators.
Review insurance program costs and alternatives and identify opportunities to improve coverage, program structure, or cost effectiveness.
Serve as an internal contact for routine insurance questions and escalate complex coverage, claims, and risk matters appropriately.
Develop and improve procurement policies, procedures, templates, reporting, and operating practices.
Build relationships across Finance, Legal, IT, Human Resources, Marketing, Operations, and other business functions.
Adapt communication and recommendations for audiences ranging from budget owners to senior executives.
Help business partners challenge assumptions, evaluate alternatives, and make commercially sound decisions.
Stay current on procurement practices, supplier markets, commercial trends, technology, and relevant insurance and risk-management developments.
Lead or support special projects and cross-functional initiatives as needed.