Strategic Sourcing Managing Director

## Strategic Sourcing Managing Director Apply locations:
Chicago, IL, USA:
Downers Grove, IL, USAtime type:
Full time posted on:
Posted 9 Days Agojob requisition :
R-7446

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. Serves as a people leader responsible for identifying, designing, and implementing third-party vendor solutions that enable Claims strategy and operational excellence.

Acts as a trusted advisor to Claims leadership, proactively bringing forward innovative solutions, emerging capabilities, and market insights that enhance customer outcomes, improve efficiency, and drive competitive advantage.
Partners closely with business leaders across all phases of sourcing and contracting from project planning through execution ensuring alignment to strategic priorities. A key focus area includes category strategy development and execution, incorporating a deep understanding of Claims business objectives to influence supplier selection, solution design, and contractual decisions. Provides procurement and contract expertise, including data-driven insights and guidance, and partners with Procurement for all large and strategic commercial engagements.
Leverages internal performance data and external market intelligence to evaluate vendor value, inform renewal strategies, and continuously optimize the supplier portfolio. Balances rigorous vendor performance management with forward-looking innovation, ensuring the organization is not only managing existing partners effectively but also introducing new capabilities that position Claims for future success.
Leads stakeholder management efforts by engaging and influencing business leaders through the delivery of strategies and initiatives that create measurable value, strengthen partnerships, and advance Claims transformation objectives.
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* JOB DESCRIPTION:

*** Directs the work activities and has full management responsibility for the performance, coaching and development of a team.
* Effectively communicates and shares pertinent and timely information to employees by holding team meetings, regular 1:1 employee discussions, reinforcing leadership messages and providing shared access to company process and protocol documentation.
* Leads research, gathers market intelligence and performs benchmarking analysis to understand the supply market and cost trends and develop an annual savings target for assigned business groups and categories.
* Establishes and leads cross functional teams of key stakeholders to collaboratively define business requirements, develop strategic category plans and execute initiatives that create value and reduce risk.
* Develops and drives negotiating sourcing strategies across assigned business units and categories, resulting in selection of most appropriate strategy for the service or commodity.
* Identifies, develops and leads the execution of sourcing strategies and improvement initiatives to reduce cost, improve quality and minimize risk.
* Presents category strategy analysis and recommendations to senior leadership.
* Liaises with Law function for the negotiation of large agreements for favorable contractual terms and key business owners aligned to policies and control areas for risk mitigation.
* Partners with an outsourced Third Party provider to provide strategic sourcing and contract management services to CNA, as needed.
* Builds strategic relationships with business leaders and external suppliers/agencies to drive results and influence business decisions with a focus on becoming a ‘trusted…