Director Category Management, Medical Claim Services - Veracity Software Inc

Director Category Management, Medical Claim Services

Hybrid schedule. T, W & Th in the office in Hartford, CT or Morristown, NJ and M & F Remote work from home days.

The Director, Category Management is an individual contributor role with responsibility to develop, monitor and manage Category strategies for Medical Claim categories of spend. Shall also direct and execute strategic sourcing strategies, develop category best practices, negotiate contracts and manage initiatives that support aggressive improvements in supplier quality, contract quality, total cost effectiveness, enhanced service levels, improved coordination, delivery, pricing, lead-times, payment and risk compliance.

This role will have a Hybrid work arrangement, with the expectation of working in Insurance, CT or Morristown, NJ office 3 days a week (Tuesday through Thursday).

Responsibilities:

Responsible for the entire lifecycle of assigned spend and will work within an agile delivery approach working closely with a sourcing delivery team.

Has responsibility for all suppliers within the assigned category of spend emerging & existing legacy) and will drive standards/best practices for assigned spend.

Functions as a trusted advisor to business & finance leaders to define best practices, introduce demand & supply-side opportunities and establish targets.

Leads the end-to-end sourcing events in support of major initiatives and/or significant vendor relationships.

Manages strategic category supplier relations and seeks growth or revision opportunities within supply base

Consistently drafts contracts that meet Hartford quality standards for business and legal protections and risk mitigation (BRO, THIP, Legal, etc.)

Engages with customers to ensure a high standard of service

Responsible for the quality of contract data entered into the system.

Accountable to work with several groups within or supporting the Claim organization

Qualifications:

Minimum of 5 years of experience in a corporate a sourcing & procurement function including experience sourcing & negotiating agreements of varying complexity, scope, and value, including the contract-to-payment process experience

Experience in the insurance industry and/or with the Claim spend category required

Experience in leading strategic sourcing process as well as reviewing, analyzing, drafting and negotiating contract terms

Strong packaging and presentation skills with the ability to analyze and explain complex pricing models

Excellent written and verbal communication skills as well as influencing and relationship skills; demonstrated ability to work successfully cross all levels of a corporate environment; able to influence setting sourcing direction with options, as required

Self-motivated with ability to work within agile team environment

Able to apply in a broader context management theory/principles in planning, organizing and fully integrating work

Experience with Continuous Improvement or Six Sigma methodology

High level of creativity with the ability to analyze and challenge conventional thinking and norms

Experience with Coupa (or Ariba) strongly preferred

Bachelor's degree required

JD, Master's degree, certified purchasing manager preferred; strong understanding of legal concepts required

Able and willing to travel as needed, up to ~10% of the time