AD Category Mgmt - FP07BE
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The Hartford is a strong company with a powerful brand and a bright future. The Strategic Sourcing & Real Estate (SSRE) department plays a critical role in The Hartford's future by operating as a trusted business advisor with deep expertise that advances The Hartford's business objectives and delivers exceptional customer experiences. SSRE is structured with three category management teams, Professional and Corporate Services, Technology & Outsourcing and Claims, complemented by sourcing delivery teams. We operate as advisors with our customers to positively impact business strategy, while optimizing the way we use third parties to meet enterprise and business unit objectives comprehensively.
The Assistant Director, Category Management is an individual contributor role with responsibility to develop, monitor and manage Category strategies for Legal categories of spend. Shall also direct and execute strategic sourcing strategies, develop category best practices, negotiate contracts and manage initiatives that support aggressive improvements in supplier quality, contract quality, total cost effectiveness, enhanced service levels, improved coordination, delivery, pricing, lead-times, payment and risk compliance.
This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).
Job Duties
Responsible for the entire lifecycle of assigned spend and will work within an agile delivery approach working closely with a sourcing delivery team.Has responsibility for all suppliers within the assigned category of spend emerging & existing legacy) and will drive standards/best practices for assigned spend.Functions as a trusted advisor to business & finance leaders to define best practices, introduce demand & supply-side opportunities and establish targets.Leads the end-to-end sourcing events in support of major initiatives and/or significant vendor relationships.Manages strategic category supplier relations and seeks growth or revision opportunities within supply baseConsistently drafts contracts that meet Hartford quality standards for business and legal protections and risk mitigation (BRO, THIP, Legal, etc)Engages with customers to ensure a high standard of serviceResponsible for the quality of contract data entered into the system.Accountable to work with several groups within or supporting the Legal organizations
Education/ Experience
Minimum of 5 years of experience in a corporate a sourcing & procurement function with the responsibility for sourcing & negotiating agreements of varying complexity, scope, and valueExperience with the Legal spend categoryBachelor's degree in procurement, supply chain, business or related field or equivalent experienceJD, Master's degree, certified purchasing manager preferred
Technical/ Functional Skills/ Qualifications
Experience in leading strategic sourcing process as well as reviewing, analyzing, drafting and negotiating contract terms.Strong packaging and presentation skills with the ability to analyze and explain complex pricing modelsStrong understanding of legal conceptsExcellent written and verbal communicationStrong interpersonal and relationship management skills with ability to communicate with peers and various levels of managementSelf-motivated with ability to work within agile team environmentCreative, quality and results-driven work ethicStrong focus on customer engagement and serviceClear understanding of the elements that contribute to contract quality, including business and legal protections and risk mitigationStrong planning, organization skills and organizationalPossesses substantial applied knowledge based on experience in sourcing categoriesAble to apply in a broader context management theory/principles in planning, organizing and fully integrating workContract-to-payment process experienceKnowledge of strategic sourcing/commodity/spend category management methodologyExperience with Continuous Improvement or Six Sigma methodologyHas influence over management in setting technical directionNeeds to be comfortable challenging current-state thinking, with evidence and recommend alternative approaches to solving a problemHigh level of creativity with the ability to analyze and challenge conventional thinking and normsCan influence setting sourcing direction with options, as requiredNeeds to be comfortable challenging current-state thinking, with evidence and recommend alternative approaches to solving a problemHigh level of creativity with the ability to analyze and challenge conventional thinking and norms
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
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