Strategic Sourcing Manager

Elevance Health (Anthem); Indianapolis (IN); Hybrid; USD 110,000 - 181,000; Full time

Benefits offered by this job

comprehensive benefits package

incentive and recognition programs

equity stock purchase

401k contribution

Job summary

Elevance Health is seeking a Strategic Sourcing Manager to support Procurement by executing sub-category sourcing strategies and negotiating contracts. The role emphasizes building strong relationships with internal customers and key suppliers, delivering cost savings, and driving supplier compliance across multiple locations.

The ideal candidate will have a BA/BS with extensive sourcing and negotiation experience, with MBA or CPSM preferred, and experience in healthcare or pharmacy/PBM domains

Qualifications

• Requires a BA/BS with 8 years in sourcing/supplier selection and at least 6 years experience negotiating pricing and contract terms.
• MBA preferred; CPSM preferred; Carelon experience strongly preferred; payment integrity and/or pharmacy/PBM experience preferred.
• Complex negotiation and contract project management experience preferred

Responsibilities

• Executes standardized strategic sourcing processes for assigned sub-categories.
• Builds and maintains strong working relationships with internal customers and key suppliers for sub-categories.
• Focuses on cost savings.
• Participates in cross-enterprise commodity teams for sub-categories and aggressively tracks and improves non-compliance preferred supplier(s).
• Participates in fact-based negotiations and executes contracts utilizing approved terms and conditions.

Skills

Strategic sourcing

Contract negotiation

Pricing negotiation

Financial acumen

Stakeholder management

Education

BA/BS in related field

MBA (preferred)

CPSM certification (preferred)

Job description

Anticipated End Date

2026-11-17

Position Title

Strategic Sourcing Manager

Location

Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office; ideal candidates being located within a commutable distance to Atlanta, GA, Mason, OH, Wallingford, CT, Tampa, FL, Indianapolis, IN, Mendota Heights, MN, or New York, NY.

Hybrid & Virtual Policy

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

Role Overview

The Strategic Sourcing Manager is responsible for supporting Procurement. Responsible for the execution and implementation of one or more sub-category sourcing strategies.

How You Will Make an Impact

• Executes standardized strategic sourcing processes for assigned sub-categories.
• Builds and maintains strong working relationships with internal customers and key suppliers for sub-categories.
• Focuses on cost savings.
• Participates in cross-enterprise commodity teams for sub-categories and aggressively tracks and improves non-compliance preferred supplier(s).
• Participates in fact-based negotiations and executes contracts utilizing approved terms and conditions.
• Implements sourcing recommendations and develops and manages e-procurement catalog content.
• Aggressively monitors, tracks and reports supplier compliance and performance benefits.

Minimum Requirements

• Requires a BA/BS; 8 years of experience in sourcing/supplier selection with at least 6 years experience with negotiation of pricing and contract terms and conditions; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences

• MBA preferred.
• CPSM preferred.
• Carelon Experience strongly preferred.
• Payment integrity and/or pharmacy/PBM experience preferred
• Complex negotiation and contract project management experience preferred

Salary Range

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $110,440 to $180,720.

Locations

Locations: Connecticut, Minnesota, New York

Benefits

• comprehensive benefits package
• incentive and recognition programs
• equity stock purchase
• 401k contribution (all benefits are subject to eligibility requirements)

Salary Note

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level

Non-Management Exempt

Workshift

1st Shift (United States of America)

Job Family

PUR > Sourcing

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how