Category Management Lead Analyst - HIH - Evernorth

Responsibilities

• Negotiate and process supplier contracts within assigned spend categories by leveraging market conditions , business strategies, spend, strategic importance, geographic considerations, benchmarks , and other key levers
• Through business unit and partnerships, execute on driving cost savings, cost avoidance, risk reduction, enhanced business outcomes , and improved service s from supplier, meeting current and future business and category needs
• Review, revise, and / or draft c ontracts, s ervice l evel a greements, s tatements of w ork and other contract documents with suppliers for strategic deals
• As assigned, evaluate best in class suppliers through RF(x) or similar competitive events with the goal of optimizing supplier engagements
• Be a trusted advisor for business stakeholders in terms of their suppliers and contracts, sourcing best practices, negotiation strategi es, contract terms, and other procurement activities
• Ensure consistent communication and project management with the stakeholders of your assigned sourcing intakes throughout the sourcing and procurement lifecycle
• Develop a strong understanding and forecast of key cost drivers and market factors in assigned categories through continuous research and monitoring.
• Support continuou s process improvement in all aspects of the sourcing and procurement process es ; lia ise with the GPTPMS C enter of excellence organization in the US to ensure alignment with process, best practices, and talent strateg y
• Maintain and promote sound relationships with suppliers, internal matrix partners , business stakeholders, and other parties involved in sourcing and contracting
• Liase with the US GPTPM and Third Party Management Teams when Supplier relationship or performance issues may factor into sourcing projects
• A ct as a change agent an d demonstra te resiliency as changes occur within GPTPMS or the greater Cigna Group .

Requirements

• Required Skills :
• Strong written and verbal communication skills with the ability to interact with all levels of the organization.
• Strong skills in understanding legal and commercial supplier contract terms and conditions
• Strong interpersonal/relationship management skills.
• Strong time and project management skills.
• Broad knowledge of all aspects of the Source to Pay lifecycle including onboarding, due diligence, contracting , and payment
• Experience in a broad range of indirect procurement categories; technology category experience preferred
• Required Experience & Education:
• 8 + Years of relevant experience
• Contracting experience within indirect procurement
• Experience with procurement and sourcing in an onshore/offshore model.
• College degree (Bachelor) in related technical/business areas or equivalent work experience.
• Exposure to Ariba or similar Procurement systems and iCertis or similar Contract Lifecycle Management (CLM) systems
• Experience working with a matrix organization and other internal partners to execute on goals
• Desired Experience:
• Experience in the health-related fields such as health services, health insurance, pharmacy benefits management, and related fields
• Experience with HIPAA, Business Associate Agreements (BAAs) , and other related US Healthcare concepts
• Experience with Purchase Order terminology and Procure-to-Pay processes and industry standards
• Coaching and mentoring of team members
• Industry certifications such as SIG, CSCP, CPM or similar
• Location & Hours of Work
• Full-time position, working 40 hours per week. Expected overlap with US hours as appropriate
• Primarily based in the Innovation Hub in Hyderabad, India in a hybrid working model (3 days WFO and 2 days WAH)
• Equal Opportunity Statement
• Evernorth is an Equal Opportunity Employer actively encouraging and supporting organization-wide involvement of staff in diversity, equity, and inclusion efforts to educate, inform

Benefits

Additional Information

Associate Advisor Category Management & Strategic Sourcing Position Overview In this role, you will be part of a team of category management and strategic sourcing professionals within the Third Party Management, & Shared Services (GPTPMS) organization . GPTPMS provides procurement-related services to the great er Cigna Group . A key function of this position is to negotiate and execute key supplier contracts , driv e business value and cost savings , and minimize risk within our supplier contracts . This position will be an exciting opportunity for establishing a Category Management and Strategic Sourcing (CMSS) presence within the innovation hub . The Evernorth ℠ strategy is fully aligned with our business strategy , resulting in an opportunity for you to influence future procurement and sourcing direction for the hub , with the shared goal of evolving our world class procurement organization. This is a hands-on position reporting to management with visibility into GPTPMS leadership.

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