Sourcing Specialist

AAA Life Insurance Company • Livonia, MI

5h • Remote

About The Position

The Sourcing Specialist will support the development and execution of the organization’s procurement and sourcing activities as part of the establishment of a procurement function. This role will partner closely with business units to lead sourcing initiatives, manage contract renewals, support vendor selection, and help implement procurement best practices across the organization.

Requirements

• Bachelor’s degree in Business, Finance, Supply Chain, or related
• 3-5 years of experience in procurement, strategic sourcing, or vendor management
• Experience supporting sourcing events, contract negotiations, renewals, and vendor evaluations
• Demonstrated ability to proactively engage stakeholders and identify opportunities to drive cost savings and operational efficiencies
• Experience with procurement systems, contract management tools and reporting tools preferred
• Ability to manage multiple priorities and independently drive work to completion in a fast-paced environment
• Strong analytical, organizational, communication and problem-solving skills
• Strong partnership and relationship management skills with the ability to work effectively across business units

Responsibilities

• Proactively identify contracts approaching renewal and partner with business units to determine sourcing strategies.
• Lead sourcing initiatives, including managing RFx processes, evaluating vendor proposals, supporting vendor selection, and negotiating renewals and new agreements to drive cost savings and improved terms.
• Review contracts to ensure pricing, terms, and conditions are competitive and aligned with business needs.
• Serve as a key procurement partner to business units throughout sourcing, contracting, and vendor management activities, coordinating with Legal, Procurement, Finance, and other stakeholders to facilitate reviews and resolve issues.
• Ensure sourcing and renewal activities comply with procurement policies, standards, and governance requirements.
• Work closely with the Procurement Analyst to leverage reporting on contracts, spend, vendor performance, and vendor risk to prioritize sourcing opportunities and renewal activities.
• Support development and adoption of consistent procurement processes and best practices, while identifying process improvement opportunities and helping implement operational enhancements as the procurement function evolves.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level