Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients’ accounts. We’re in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, Employee Benefits, and Financial Assets), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People, Places & Brand; Risk; and Technology).
Job Description Summary
Our Procurement Team has an exciting opening for a Sr. Strategic Procurement Advisor role in our Business Enablement Procurement group. In this role you will lead procurement strategy development, supplier selection, contracting and relationship management for your assigned areas in the corporate services space.
Job Description
Responsibilities:
Works independently to execute category, commodity or supplier specific sourcing strategies for high complexity transactions and drive this across functional organizations and business units to affect policies, processes and procedures having an impact on revenue and profitability.
Creates and administers supplier request for proposals (RFPs).
Performs market research and analysis to understand and document competitive supplier landscape, service capabilities, and opportunities.
Serves as a trusted adviser to the business unit in all acquisition related matters, from pre-award strategic planning to contract close out actions.
Collaborates with internal teams, including the business unit, legal, privacy, and information security to align procurement strategies with business goals and project requirements, and ensure sourced materials meet all required specifications and company guidelines.
Fosters strong relationships with key suppliers to enhance collaboration, communication, and partnership.
Performs a full range of contracting duties and responsibilities, which include redlining, negotiation and award, gathering subject matter expert feedback, contract modification, resolution of performance problems and complex payment issues, and contract termination.
Resolves supplier issues that arise and escalates issues as needed to Senior Management.
Performs program management activities for procurement-owned programs, as applicable to the commodity area. Duties include but are not limited to: managing catalogs, researching new suppliers, maintaining relationships, and identifying savings and value add opportunities within managed programs.
Makes continuous improvement recommendations to relevant processes, procedures, policies and systems.
Other duties as assigned.
Qualifications:
Bachelor’s degree in business administration, operations management, or other directly applicable field or equivalent education/experience.
At least 5 years of experience in category procurement, strategic sourcing, supplier management and contract management.
Experience with the supplier identification, selection and negotiation process.
Knowledge of supplier management best practices and industry trends.
Exceptional written, interpersonal and verbal communication skills requiring a balance of assertiveness, tact and diplomacy; demonstrated ability to lead difficult conversations and collaborate, facilitate, and achieve consensus amongst key stakeholders.
Ability to work effectively and cultivate strong relationships across all levels of the organization and with external parties.
Ability to work with teams across geographically dispersed locations.
Ability to effectively manage ambiguous situations and drive towards clarification.
Demonstrated ability to influence others and drive change.
Proven analytical and problem-solving skills, with a keen attention to detail.
Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment.
Self-motivated with a positive attitude.
Strong business acumen and demonstrated ability to put strategic plans into operation.
Proven ability to manage multiple projects and support activities within a single job function.
Preferred Qualifications:
Global perspective and experience working with diverse customers and suppliers.
Experience in a shared services environment.
Experience in the financial services industry.
Experience managing suppliers with global product/service provisioning models.
Experience across multi-functional business processes.
Experience working with various electronic procurement tools.
Experience with software as a service (SaaS) agreements.
Commuting Remote employees will need to report to a Company office location at times, but will perform their work primarily remotely.
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The Salary for this position generally ranges between $75,000 - $100,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Peer Recognition Program (BRAVO)
Inclusion & Diversity
Transamerica has made a strong commitment to inclusion and diversity, and we are proud to be an organization where all perspectives are valued. Transamerica has earned recognition for its strong efforts year-over-year, including from the Human Rights Campaign’s Foundation Corporate Equality Index, the Diversity Best Practices Inclusion Index, and Seramount’s “100 Best Companies” list.
In addition, as part of Transamerica’s commitment to maintaining an inclusive workplace, the company sponsors employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees and provide a supportive environment for raising diversity awareness and promoting inclusive behavior.
Giving Back
Transamerica believes our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a combination of financial grants and the volunteer commitment of our employees, this foundation supports nonprofit organizations focused on the education, health, and well-being of the communities where we live and work.
Aegon acquired the Transamerica business in 1999. Aegon’s roots go back more than 175 years to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in the Americas, Europe, and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions, and asset management. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
Websites
Transamerica | Protecting Your Wealth and Health since 1906
Aegon Group Corporate Website | Aegon
Management Team
Transamerica Leadership - Standing For Financial Innovation Since 1906 | Transamerica
Job Family
Procurement
Who We Are
Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients’ accounts. We’re in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, Employee Benefits, and Financial Assets), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People, Places & Brand; Risk; and Technology).
Job Description Summary
Our Procurement Team has an exciting opening for a Sr. Strategic Procurement Advisor role in our Business Enablement Procurement group. In this role you will lead procurement strategy development, supplier selection, contracting and relationship management for your assigned areas in the corporate services space.
Job Description
Responsibilities:
Qualifications:
Preferred Qualifications:
Working Conditions:
The Salary for this position generally ranges between $75,000 - $100,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Benefits Package
Health and Work/Life Balance Benefits
Inclusion & Diversity
Transamerica has made a strong commitment to inclusion and diversity, and we are proud to be an organization where all perspectives are valued. Transamerica has earned recognition for its strong efforts year-over-year, including from the Human Rights Campaign’s Foundation Corporate Equality Index, the Diversity Best Practices Inclusion Index, and Seramount’s “100 Best Companies” list.
In addition, as part of Transamerica’s commitment to maintaining an inclusive workplace, the company sponsors employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees and provide a supportive environment for raising diversity awareness and promoting inclusive behavior.
Giving Back
Transamerica believes our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a combination of financial grants and the volunteer commitment of our employees, this foundation supports nonprofit organizations focused on the education, health, and well-being of the communities where we live and work.
https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation
Transamerica’s Parent Company
Aegon acquired the Transamerica business in 1999. Aegon’s roots go back more than 175 years to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in the Americas, Europe, and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions, and asset management. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
Websites
Transamerica | Protecting Your Wealth and Health since 1906
Aegon Group Corporate Website | Aegon
Management Team
Transamerica Leadership - Standing For Financial Innovation Since 1906 | Transamerica