Intermediate Procurement & Vendor Management Specialist

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 Operates independently while ensuring procurement is executed in accordance with the established procurement governance framework and divisional objectives. Partners with Senior Sourcing & Supplier Manager Specialist or Lead Sourcing and Supplier Management to provide end to end category procurement, commodity sourcing and supplier management support. This includes assess supplier capabilities, sourcing opportunities and provide new supplier implementation support. Job Description Responsibilities: Works independently to execute category, commodity or supplier specific sourcing strategies for medium complexity transactions and drive this across functional organizations and business units to affect policies, processes and procedures having an impact on revenue and profitability. Create workspaces in Ariba Contracts Workbench. Access electronic and paper contract files to determine existence and applicability of a current contract. Creates and administers supplier request for proposals (RFPs). Conducts benchmarking to ensure proposed supplier solutions are competitive to the market. Performs market research to understand and document competitive supplier landscape and service capabilities. Ensures project milestones are met and benefits delivered; Resolves supplier issues that arise during implementations, acting as a liaison with Project and Divisional Management. Escalates issues as needed to Senior Management; Provides transition support for exiting existing supplier relationships. Participates on local or global cross-functional teams to assist the with analyzing procurement spend trends using data derived from available spend data, with the evaluation of sourcing opportunities, with pre-award and post-award procurement activities, such as volume reporting and evaluation of RFP responses, and with reporting and analysis used to develop and implement the selected the supplier. Perform program management activities for procurement-owned programs, as applicable to the commodity area. Duties include but are not limited to: managing catalogs, processing non-catalog requisitions, researching new suppliers, short-form agreements, renewals, and identifying cost-save opportunities within managed programs. Qualifications: Bachelor’s degree in business administration, operations management, or other directly applicable field or equivalent education/experience. At least 2 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. Working Conditions: Non-commuting Remote employees will not be assigned to report to a Company office location (although they may need to travel to a Company office upon request) and will perform their work 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 $57,000-$75,500 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. #LI-Remote 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. 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 At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment focused on helping customers secure their long-term financial futures. Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com. For more information about Transamerica’s privacy practices, click here.

Salary : $57,000 - $75,500