Category Manager, Strategic Sourcing (Marketing)

Posted 22 Days Ago
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Newport Beach, CA
122K-149K Annually
Senior level
Financial Services
The Role
The Category Manager for Strategic Sourcing will lead sourcing strategies, stakeholder management, contract negotiations, supplier management, and project management within the Global Procurement Solutions team.
Summary Generated by Built In

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.
We’re actively seeking a talented Category Manager, Strategic Sourcing Marketing to join our Global Procurement Solutions team in Newport Beach, CA.  This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.
This is a management and strategic role within the Global Procurement Solutions function, reporting into the Director, Services Procurement, with overall accountability in the following areas:

  • Strategy/Sourcing: Overarching responsibility to create and support sourcing strategies for Marketing team categories to ensure cohesiveness, reduce risk and meet targets for the internal customer, company and Procurement Department.
  • Stakeholder Management: Responsible for overall stakeholder relationship maintenance. Ensure the business is aligned to all team category strategies and supportive of ongoing initiatives and actions. Ensure team is communicating, managing and driving compliance to category strategies among internal stakeholders. Provide solutions to a wide range of difficult problems and resolve escalations.
  • Performance Management:  Create team objectives and coach staff to meet objectives to support individual, department and company goals.
  • Contract Negotiations: Utilize negotiations to maximize value and cost savings benefit while lowering risk.
  • Supplier Management: Ensure preferred supplier strategies are maturing for team categories. Create and implement related management programs to develop, continuously improve, manage the performance of, and monitor KPIs of the supply base.
  • Project Management: Responsible for identifying and executing cost reduction projects including planning, coordinating with stakeholders, estimating completion, and project updates.
  • Efficiency: Develop and lead efforts to reduce number of transactions for team
  • Contract Management: Responsible for negotiating contract documents in collaboration with the Legal Department. Management of contracts ensuring performance of the supplier to contract obligations. Understand interrelationships between contracts and terms while applying creativity and sound business reasoning to interpret application of contract to business needs.

The experience you bring:

  • Bachelor’s Degree required
  • 8+ years of relevant experience in Procurement, Contract Management or related field
  • Knowledge of and proficiency in ERP (Peoplesoft) and Procurement systems highly preferred
  • Advanced Excel knowledge and/or programming experience
  • Experience with execution of RFx activities
  • Demonstrated success as a Subject Matter Expert in Outside and Professional Services, negotiation of contracts and agreements
  • Certified Professional in Supply Management, Certified Purchasing Manager (or similar accreditation) is a plus
  • Strong analytical, organizational, and problem-solving skills
  • Strong interpersonal and influencing skills, ability to build strong partnerships, work and communicate with all levels of leadership
  • Proven success with change management
  • Team Management & Mentoring
  • Demonstrated success with managing a project/program to completion
  • Effective written, verbal, and presentation communication skills
  • Excellent customer service skills
  • Detail-oriented and self-motivated
  • Ability to learn quickly and prioritize appropriately to meet customer and company needs

What makes you stand out:

  • MBA or advanced degree

You can be who you are.

People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-KP1

#LI-Hybrid

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$121,770.00 - $148,830.00

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

  • Paid Parental Leave as well as an Adoption Assistance Program

  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

Top Skills

Advanced Excel
Erp (Peoplesoft)
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The Company
HQ: Newport Beach, CA
3,447 Employees
On-site Workplace
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list.

Learn more about Pacific Life:
www.instagram.com/pacificlife
www.twitter.com/pacificlife
www.facebook.com/PacificLife
www.youtube.com/user/PacificLifeInsurance

Please review our social media guidelines: paclife.co/social

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