Sourcing Manager Procuremt

Florida Blue; United States; On-site; USD 100,000 - 163,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Income protection: life/disability

Retirement Savings Plan

Paid time off & holidays

Wellness program

Job summary

Florida Blue is seeking a Sourcing Manager to lead high‑complexity procurement, negotiate contracts, and collaborate with Legal, Compliance, IT, Sales and other business units. You will manage RFP processes, develop scoring matrices, and present vendor strategies to executives.

The role requires 7+ years of relevant experience, strong communication, and a proven ability to influence at all levels while driving process improvements in procurement and risk management.

Qualifications

• 7+ years related work experience with successful contract negotiation and high-complexity sourcing events.
• Experience in RFI/RFP/RFQ processes and procurement/supply management.
• Proven ability to influence across matrix organizations and at executive levels.
• Proven ability to lead cross-functional teams and communicate effectively.
• Solid contract drafting knowledge and risk-aware language.

Responsibilities

• Interact with Legal, Compliance, IT, Sales, Marketing and other business areas to gather requirements and align on procurement strategies.
• Lead business requirement sessions and document comprehensive bidding packages.
• Represent Florida Blue as the single point of contact with suppliers during the RFP process and facilitate vendor presentations.
• Develop formal scoring matrices to support vendor selection and ensure compliance with policies and regulations.
• Drive continuous process improvement in procurement and risk management.
• Prepare executive summaries outlining strategy, negotiations, risks and financial implications.
• Manage multiple assignments and meet deadlines in a fast-paced environment.

Skills

Contract negotiation

Sourcing strategy

Stakeholder management

Team leadership

Communications

Legal acumen

Data analysis

Job description

Job Summary:

The position of Sourcing Manager requires talented, experienced, professionals with good business acumen, legal acuity, product knowledge, project management and organization skills. These skills, combined with a suite of competencies designed to successfully navigate the enterprise and vendor community, are necessary to produce well-constructed, mid to higher complexity solutions and contracts containing sound financials, balanced risk and measurable vendor accountabilities. Candidate must be a self-starter who requires minimal supervision in performing assigned tasks and has the ability to comprehend legal, financial and business concepts. Candidate will ensure that contracts and payment terms are negotiated in accordance with established Florida Blue contract administration policies and procedures, including all regulatory requirements. Prepares management reporting to summarize the status of contract negotiations and provides information to aid in management decision-making.

Essential Functions:

• The essential functions listed represent the major duties of this role, additional duties may be assigned.
• Interact and collaborate with internal stakeholders from Legal, Compliance, IT, Sales, Marketing and other functional business areas, as applicable, to:
• Influence across all levels of management, including executive leadership
• Lead business requirement gathering sessions
• Document and prepare comprehensive bidding packages
• Represent Florida Blue as the single point of contact with potential suppliers during the RFP process
• Facilitate and lead onsite vendor presentations
• Develop and facilitate the use of formal scoring matrices to support vendor selection
• Maintain strict compliance with corporate policies and procedures relating to Business Ethics and Code of Conduct, in addition to the specific procurement regulations established by the Federal Government.
• Manage continuous process improvement by:
• Proactively identifying and taking action to improve the applicable procurement processes
• Identifying opportunities to increase internal business partners’ education and alignment and acting on ideas
• Using and analyzing data to support improvement opportunities
• Utilizes professional specialized expertise in technical, legal, business, procurement and asset management disciplines for the acquisition of tangible and non-tangible assets
• With minimal supervision, determine the appropriate contracting approach to mid-complexity acquisition needs, as well as draft, present and negotiate all language within such contracts with stakeholders and vendors
• Possess a good working knowledge and understanding of legal, risk and business implications of contract language
• With minimal supervision, accurately ascertain, manage the associated due diligence regarding, and contractually address the implications of FEP, CMS, State Group, HIPAA, HITECH, etc. requirements on any asset acquisition activity
• Develop well thought out acquisition and negotiation strategies and execute with accuracy and agility
• Articulate, defend and present contracting strategies and approaches (of both parties) with business stakeholders and management as necessary to gain support and buy-in on negotiating strategies and efforts
• Construct professionally written executive summaries which articulate, in summary fashion, the initiative supported by the acquisition, the strategy, negotiation highlights, inherent risks and benefits, and financial landscape of mid-complexity contracting efforts
• Handle multiple assignments and achieve goals and deadlines in a fast-paced environment

Required Experience:

7+ years related work experience. Experience Details: Successful contract negotiation and execution experience with high-complexity strategic sourcing events and engagements. Requires strategic as well as tactical knowledge of RFI/RFP/RFQ sourcing processes.

Understands the principals of procurement and supply management.

Proven ability to drive organizational change.

Proven ability to influence across matrix and at all levels of management, including executive level

Proven ability to lead cross functional teams

Excellent written and verbal communications skills with the ability to communicate effectively within an organization and diverse audiences

Solid contract drafting and terminology knowledge that includes understanding of subtleties of contract language, risk based language, contracting traps and pitfalls to avoid, document management and control, and legal acuity necessary to successfully negotiate high-complexity contracts.

Including, but not limited to, Health Services, Business Process Outsourcing (BPO), and Care Management spend categories, possesses a good understanding of human sourcing methodologies to include Consulting, Staff Augmentation, and in-sourcing.

For purchases of products and services, possesses a good understanding of best practices for contracting to acquire goods for the organization as well as consumer products for resale or for distribution and fulfillment arrangements including an excellent working knowledge of product liability issues

Computer skills with the ability to utilize software applications required to perform job duties

Detail and teamwork oriented with excellent organizational skills

Ability to multi-task and handle several assignments concurrently while still meeting deadlines

Ability to work independently, reviewing moderate to complex contract issues and recommending appropriate resolutions

Ability to comprehend complex problems where analysis of situations or data requires an in-depth evaluation of various factors.

General Physical Demands:

Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally.

What We Offer:

As a Florida Blue employee, you will be at the heart of GuideWell’s vision – to lead the nation in transforming health through compassionate, connected, and technology-enabled care that delivers personalized value and empowered living.

To support your wellbeing, comprehensive benefits are offered. As an employee, you will have access to:

• Medical, dental, vision, life and global travel health insurance;
• Income protection benefits: life insurance, short- and long-term disability programs;
• Leave programs to support personal circumstances;
• Retirement Savings Plan including employer match;
• Paid time off, volunteer time off, 10 holidays and 2 well-being days;
• Additional voluntary benefits available; and
• A comprehensive wellness program

Employee benefits are designed to align with federal and state employment laws. Benefits may vary based on the state in which work is performed. Benefits for intern, part-time and seasonal employees may differ.

To support your financial wellbeing, we offer competitive pay as well as opportunities for incentive or commission compensation. We also conduct regular annual reviews with pay for performance considerations for base pay increases.

Annualized Salary Range: $100,400 - $163,200

Typical Annualized Hiring Range: $100,400 - $125,500

Final pay will be determined with consideration of market competitiveness, internal equity, and the job-related knowledge, skills, training, and experience you bring.

We are an Equal Employment Opportunity employer committed to cultivating a work experience where everyone feels like they belong and can perform at their best in pursuit of our mission. All qualified applicants will receive consideration for employment.