Procurement, Sourcing Manager

GEICO•Bethesda, MD

1d•$86,100 - $141,450

About The Position

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities. Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide. Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.

Requirements

Bachelor’s degree or relevant experience required
3+ years of experience with the following:
Experience running sourcing events across multiple industry categories, including professional services, and tech engagements
Experience with ensuring customer requirements are met during the sourcing process
Experience communicating with senior management and responding to their inquiries and requests

Nice To Haves

Bachelor’s degree in Finance, Business Administration, or Supplier Management is preferred.
Experience with a large service provider is preferred
Contract Management Systems experience is preferred

Responsibilities

Supports the development and execution of sourcing processes, tools, and training to drive sourcing best practices and consistency.
Ability to help mentor other associates.
Develops sourcing initiatives through the introduction of a competitive marketplace, demand management, and supplier consolidation.
Identifies and communicates cost drivers and trends to create procurement strategies across the category.
Supports the sourcing cycle, including supplier identification and selection, price negotiation, contract negotiations, and executive shareholder engagements.
Participates and applies competitive pricing and bidding practices for multiple strategic sourcing needs.
Works closely with 4 or more business units and understands their sourcing needs.
Assists with the competitive bid processes including RFPs, RFIs, and RFQs.
Assists with pipeline planning of strategic sourcing projects.