**Who Are We?**
Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
$117,900.00 - $194,600.00
**What Is the Opportunity?**
At Travelers, we aim to enable a streamlined experience for business partners to purchase goods and services to help run our businesses. The Technology Strategic Sourcing Team aims to enhance internal Travelers processes. As the Strategic Sourcing Director, you will be responsible for leading and executing strategic sourcing, negotiation, program and category management, and spend and market analysis efforts that span across multiple Technology categories and/or multiple Technology organizations. Work on end-to-end negotiations, deals, and strategic sourcing events that have high complexity and dollar value and typically require interaction with and presentation to senior leaders. This position may manage people.
**What Will You Do?**
+ Execute and has accountability the full lifecycle for multiple Technology categories of sourcing activities, including developing sourcing strategies, to negotiate optimal commercial terms with a focus on risk mitigation in adherence with corporate contracting standards while closely partnering with cross-functional teams.
+ Lead category and Portfolio Management activities including making recommendations on sourcing strategies, internal strategic directives, and other research to drive optimal outcomes.
+ Communicate analysis, insights, risks, and results to team, business partners, and senior leadership.
+ Take an active role participating in and guiding team and division projects and operational initiatives.
+ Partner with other sourcing and cross-functional teams to ensure successful collaboration and execution of sourcing activities and proactively build internal and external networks.
+ Identify trends in changing market conditions, strategic business, and management directions in order to create cost savings and/or risk mitigation.
+ Act as subject matter expert to provide Procurement support for business projects/initiatives with low-medium risk/impact across the enterprise.
+ Perform other duties as assigned.
**What Will Our Ideal Candidate Have?**
+ Bachelor's or Master's degree.
+ Advanced knowledge of Procurement, eSourcing and Excel, SAP Ariba procurement applications.
+ Ability to influence and present to senior management & C-suite levels of the organization.
+ Strong management skills, including verbal and written communications, negotiating, directing, planning, organizing, and problem solving.
+ Thorough knowledge and understanding of strategic sourcing concepts to include strategic sourcing, supply management, cost-price analysis, minority supplier programs, bid solicitation, negotiating techniques and market analysis/trends.
+ Thorough understanding of all functions, programs, and commodities managed, as well as sound financial principles and expense accounting.
+ Strong ability to take quick, decisive action in unique and complex situations to meet corporate business objectives and business requirements.
**What is a Must Have?**
+ Six years of procurement, strategic sourcing, finance, supplier management, administrative or related experience.
+ Prior experience managing multiple complex categories/commodities/ deals.
**What Is in It for You?**
+ Travelers offers a hybrid work location model that is designed to support flexibility
+ **Health Insurance:** Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
+ **Retirement:** Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
+ **Paid Time Off:** Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
+ **Wellness Program:** The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you're eligible for five free counseling sessions with a licensed therapist.
+ **Volunteer Encouragement:** We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ([ Email address blocked ] - Click here to apply to Director Technology Procurement
) so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit [ Link removed ] - Click here to apply to Director Technology Procurement
- Business Requirements
- Business Strategies
- Category Management
- Commodity Market