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Strategic Sourcing Senior Advisor, Professional Services (IT Consulting and IT Managed Services)

Health Care Service Corporation
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Illinois, Chicago
Dec 31, 2024

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary This position is responsible for identifying, developing and executing sourcing strategies for the most cost effective pricing and best service for Professional Services including IT Consulting and IT Managed Services. This role does not procure IT hardware and software. Responsible for building relationships with key executive stakeholders, managing escalations independently, understanding business pipeline and forecast and providing a strategic plan for streamlining vendors while becoming a subject matter expert for the appointed category. Training and mentoring junior team members and implementing the identified opportunities directly alongside senior management.

Senior Advisor is responsible for participating in and supporting the design and implementation of strategic sourcing activities (RFPs, RFIs, Market Scans, Category Management) for appointed category; participating in the strategic sourcing process by partnering with Business stakeholders to define specifications and requirements, leading, conducting internal and external data & pricing analysis, and providing recommendations based on analysis. Advisor should be able to independently analyze Industry Markets And assess risk, gather intelligence on fundamental conditions, and technical Information that affects the category. Advisor will also be responsible for contract negotiations, pricing negotiations, contract compliance, vendor management, and stakeholder management.

Advisors are expected to have excellent project management and time efficiency skills as they will be managing several sourcing projects and contracts at a given time along with multiple vendors and internal stakeholders. Advisor should be able to identify and develop cost reduction opportunities while maximizing benefit to the business.

Advisor should be comfortable speaking and delivering presentations to internal business teams for RFx's as well as having excellent business acumen.
As an Advisor you will gain a vast knowledge of the inner workings and operations for one of the largest healthcare plans in North America. Successful candidates should have a strong desire of learning about the healthcare industry.

Required Job Qualifications:

  • Bachelor's Degree or equivalent.

  • 8+ years of relevant strategic sourcing or contracting experience in a highly complex environment.

  • Knowledge and skills to participate and be effective in contract negotiations with industry suppliers; knowledge of strategic sourcing principles, effective negotiating skills to reduce supplier base and to negotiate beneficial contracts, knowledge of strategic sourcing best practices, experience in procurement function contract management activities and perform category management.
  • Analytical skills to support and enhance procurement strategy and goals.

  • Strong relationship management capabilities with internal and external stakeholders; ability to build strategic relationship with senior-level colleagues, demonstrated thought leadership skills.

  • Strong interpersonal skills and drive to manage multiple escalations internally/externally.

  • Clear, concise, and confident verbal and written communication skills.

  • Project Management skills.

  • Strong multitasking capabilities.

  • Experience with conducting wide-ranging research.

  • Ability to function in ambiguous and/or time-sensitive situations.

  • Experience developing presentations and presenting to management and other internal groups.

  • Proficient at MS Excel, Word, Outlook, and PowerPoint.

Preferred Job Qualifications:

  • Bachelor's degree in Business, Finance, Supply Chain or Engineering

  • MBA or Masters Degree.

  • IT Professional Services (IT Consulting and IT Managed Services) experience.

  • Knowledge of HCSC organization.

  • Knowledge of Business Process Outsourcing.

  • Knowledge of Health Insurance industry.

  • Knowledge of e-Procurement systems and tools; experience utilizing Procure-to-Pay and Contracting modules or similar procurement systems.

Sponsorship is not provided a this time.

Relocation is not provided at this time.

Hybrids role requires 3 days per week in the office.

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plansubject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$100,000.00 - $180,700.00
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