Executive Director, Vendor Relationship Management

rgare; St. Louis (MO); On-site; USD 120,000 - 180,000; Full time

Job summary

RGA is a Fortune 200 company focused on life- and health-related solutions, driving financial protection with a global procurement focus. This role leads the center-led procurement capability and vendor management strategy, coordinating with senior leaders to mature purchasing processes and drive cost efficiencies across regions.

The position oversees IT purchases, contract labor, and facilities, while guiding policy development, governance, and continuous improvement initiatives in a complex

Qualifications

• Bachelor's degree in supply chain management or related field is required.
• Master's degree in Arts/Sciences preferred.
• 10+ years in global procurement leadership (5+ in a center-led structure) required.
• 5+ years operational management experience required.
• Experience with modern sourcing and procurement systems.
• Financial Services/Insurance industry experience preferred.
• Certified Professional in Supply Management (CPSM) preferred.
• Strong negotiation and vendor-management skills.

Responsibilities

• Establish and maintain the Global Vendor Management Strategy and governance.
• Lead and manage the Global Procurement department across IT, contract labor, and facilities.
• Develop relationships with senior leaders to mature purchasing processes.
• Develop purchasing policies, procedures and best practices.
• Identify cost-saving opportunities and drive continuous improvement.
• Oversee onboarding and ongoing relationships with third parties.

Skills

Negotiation skills

Influence others

Stakeholder management

Communication

Sourcing & cost reduction

Vendor management

Global procurement

Education

Bachelor's degree in related field

Master's degree preferred

Tools

Procurement systems

Job description

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its World's Most Admired Companies , we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

This position has the global responsibility to develop and mature a company-wide center-led procurement capability. This also includes being the key owner of developing and recommending a Vendor Management Strategy, including vendor identification, vendor qualification and governance (including risk-based supplier management), vendor contract management, vendor onboarding, and vendor performance management.

What you will do

• Responsible for establishing and maintaining the Global Vendor Management Strategy, including: Implementing a Center-Led Procurement Model; Establishing Governance Model that is consistent, transparent, and efficient; Creating consistent and repeatable workflows that provide an enhanced level of control; Unifying data by creating a centralized Vendor Inventory; Leads a multi-year systems improvement plan in support of the strategy; Improving the efficiency of Third-Party on-boarding processes; Establishing a process to manage ongoing relationships with Third-Parties and Third-Party Administrators; Drives collaboration and process improvement by creating intuitive processes and tools; Enhances visibility through feedback loops
• Responsible for leading and managing the Global Procurement department, including IT purchases, contract labor, facilities purchases, etc.
• Develops and maintains relationships with senior functional leaders to further develop and mature their purchasing processes; Responsible for expanding the program and coordinating with additional departments and regions where procurement support is needed.
• Establishes and implements purchasing policies, procedures and best practices.
• Communicates and educates stakeholders on procurement policies, practices and abilities to increase awareness and engagement.
• Provides oversight and monitoring of overall procurement performance and identification and implementation of continuous improvement.
• Develops, coordinates and implements strategies to optimize contract negotiations with suppliers and ensure appropriate oversight for key categories of purchases. Develops negotiation strategies and closes deals with optimal terms.
• Enhances the procurement capability by helping to develop and deliver processes, training, and procurement technology and knowledge management tools.
• Identification and realization of cost-saving and cost reduction opportunities.
• Supervises members of the expanded corporate purchasing staff.

Qualifications

• Bachelor's Degree in Arts/Sciences (BA/BS) in related field (supply chain management, economics, finance, engineering) required
• Master's degree in Arts/Sciences (MA/MS) preferred
• 10+ Years of management experience in leading a global procurement organization (5+ in a center-led structure) required
• 5+ Years operational management experience required
• Greenfield start-up, acquisition integration or business process re-design experience required
• Experience with modern sourcing and procurement systems. required
• Financial Services/Insurance industry experience preferred
• Motivate and influence others within organizational hierarchy and among differing cultures. required
• Ability to work with senior management to develop an improved control environment required
• Solid operational management and general business skills and savvy. required
• Strong negotiation skills required
• Familiarity with relevant and emerging legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions required
• Demonstrated ability to develop long range supplier relationships. required
• Ability to assess source to settle risk and develop effective mitigation plans. required
• Proven sourcing and cost reduction strategy development. required
• Developed high performance strategic purchasing and transaction processing teams. required
• Benchmark and scorecard development to drive continuous improvement. required
• Working knowledge of finance and/or accounting in terms of budgeting, cost management, financial accounting, treasury, risk management, etc. required
• Knowledge of global vendor regulations including third party requirements preferred
• Certified Professional in Supply Management (CPSM) preferred

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.

We're excited to