Manager, Sourcing and Procurement

Posted 12 Days Ago
Be an Early Applicant
New York, NY
Senior level
Insurance
The Role
Manage end-to-end strategic sourcing categories, build relationships, conduct market research, negotiate contracts, and ensure compliance and cost savings.
Summary Generated by Built In

Hi, we're Oscar. We're hiring a Manager to join our Sourcing and Procurement team.

Oscar is the first health insurance company built around a full stack technology platform and a focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.

About the role

This role develops and manages end-to-end strategic sourcing categories while building trusted relationships across functions. Taking a leading role on high-priority supplier negotiations ensuring and managing measurable impact on Oscar’s bottom line. 

You will report to the Director, Strategic Sourcing and Vendor Management.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission. 

This is a hybrid role in our New York City office. You will work part of the time in the office and part of the time remote / work-from-home. #LI-Hybrid

Pay Transparency:

The base pay for this role is: $108,000 - $141,750 per year. You are also eligible for employee benefits, participation in Oscar’s unlimited vacation program and annual performance bonuses.

Responsibilities

  • Serve as Category Manager for Consulting, Workplace Operations, Travel, Legal and possible other Procurement categories. 
  • Conduct market research in support of RFPs and participate in competitive bidding (RFx)
  • Capture content for contract management databases (termination, spend, compliance, unit pricing)
  • Implement the review of cost saving opportunities with Executive Sponsors, Business Leads and Finance
  • Complete contract negotiations (including contract drafting) with vendors and Legal
  • Serve as first point of contact in the contract drafting process, in collaboration with Legal
  • In collaboration with the business stakeholders, identify the business requirements to be included in contract documentation
  • Facilitate escalation and dispute resolution activities with new and existing vendors (as necessary) and coordinate vendor IT integration and access deliverables
  • Complete vendor terminations and assist with decommissioning efforts, as necessary
  • Work with Business Leads to capture and review vendor SLAs
  • Work directly with Business Leads on vendor SLA reporting and adherence; support any remediation efforts
  • Develop and monitor spend reporting with Finance and Business Leads
  • Support Executive Sponsor and Business Lead, as requested, on vendor communications including meetings, reports, QBR/MBR, etc.
  • Assist in the development of P2P Policy CLM documentation and audits
  • Compliance with all applicable laws and regulations.
  • Other duties as assigned.

Qualifications

  • 5+ Years of Sourcing and Procurement Experience 
  • Demonstrated ability to build external relationships and hold stakeholders and partners accountable
  • Demonstrated ability to generate cost savings and cost avoidance

Bonus points

  • Bachelor’s degree 
  • Ability to understand, organize, communicate and present complex information in an easily understandable format tailored to a variety of audiences
  • Adaptable and efficient in a constantly evolving environment
  • Familiarity with and comfort of using procurement software (e.g. ZIP)

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency:  Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team ([email protected]) to make the need for an accommodation known.

Artificial Intelligence (AI) Guidelines: Please see our AI Guidelines for the acceptable use of artificial intelligence during the interview process at Oscar.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Notice to Job Applicants.

Top Skills

Procurement Software
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The Company
Dallas, TX
1,899 Employees
On-site Workplace
Year Founded: 2012

What We Do

Health care is broken; we're trying to fix it. The Oscar team is focused on utilizing technology, design and data to humanize health care. We're a group of technology and health care professionals who looked at the current state of the US health care system, got frustrated by the horrible consumer experience, and decided to do something big about it. Backed by a renowned set of investors and advisors, we’ve set out to revolutionize health care.

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