Commercial Lines Procurement Manager

The Cincinnati Insurance Companies; Fairfield (OH); On-site; USD 137,000 - 175,000; Full time

Job summary

The Cincinnati Insurance Companies, headquartered in Fairfield, Ohio, seeks a Procurement Manager to lead Commercial Lines sourcing, contracting, and supplier management. This role focuses on aligning procurement with enterprise standards and driving value across third-party engagements.

The ideal candidate has 5+ years in procurement within the P&C insurance industry, strong contract negotiation skills, and a strategic mindset to optimize supplier performance and compliance across the

Qualifications

• Bachelor's degree required.
• 5+ years of procurement, strategic sourcing, or category management experience, with at least 3 years in the Property & Casualty insurance industry (required).

Responsibilities

• Develop and execute a category strategy tailored to Commercial Lines operations, leveraging market intelligence and spend analytics.
• Lead sourcing strategy, RFI/RFP processes, vendor selection, and negotiation of contracts for Commercial Lines-related third-party engagements.
• Proactively identify cost savings, process improvements, and risk mitigation opportunities with tier 1 suppliers.
• Collaborate with Commercial Lines leadership and stakeholders to understand operational needs and identify third-party solutions that deliver measurable value.
• Serve as the Commercial Lines point of contact for enterprise procurement, legal, compliance, and risk teams to ensure third-party engagements.
• Comply with all corporate policies, regulatory requirements, and controls.
• Drive supplier performance management, including the development of SLAs, KPIs, performance scorecards, business reviews, and billing/invoice validation.
• Conduct detailed data analysis to extract actionable insights from spend, usage, and performance data across multiple sources and formats.
• Maintain knowledge of Commercial Lines operations, business objectives, and industry best practices to ensure procurement decisions align with enterprise objectives.

Skills

Sourcing & Contract Negotiation

Supplier Relationship Management

Analytical Thinking

Cross-functional Collaboration

Regulatory & Compliance Awareness

Stakeholder Communication

Education

Bachelor's degree in business, supply chain, or related field

Job description

The Cincinnati Insurance Companies, headquartered in Fairfield, Ohio, seeks a Procurement Manager to lead Commercial Lines sourcing, contracting, and supplier management. This role focuses on aligning procurement with enterprise standards and driving value across third-party engagements.

The ideal candidate has 5+ years in procurement within the P&C insurance industry, strong contract negotiation skills, and a strategic mindset to optimize supplier performance and compliance across the