Sr. Sourcing Manager

Who We Are At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

We are stronger as one:
We collaborate across the enterprise, scale what works and act decisively for our customers and partners.

We deliver on commitments:
We are accountable, empower each other and go above and beyond for our stakeholders.

We learn, improve and innovate:
We get better each day by challenging the status quo and equipping ourselves for the future.

We are inclusive:
We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You'll Work With:

The Chief Operating Officer organization includes Customer Experience, Insurance and Investment Operations, Transformation, Global Procurement Services, and Real Estate. The team partners with business and functional teams across the organization to drive operational excellence in order to achieve our priorities, strengthen our position as a market-leading organization, create partnerships, and ultimately deliver a better end-to-end experience for our customers, distribution partners and colleagues.

About The Role:

We are looking for an experienced Sr. Sourcing Manager with proven background in sourcing complex software (i.e., SaaS, on-prem, AI, POCs, pilots, etc.) and associated Services across a global supply chain. This role leads all aspects of strategic sourcing, from category assessment and planning, vendor due diligence, RFx, negotiations, contracting and participation in related vendor management activities across multiple Lines of Business.

The role includes indirect management of a team of software sourcing managers.

Responsibilities:

Accountable for competitively bidding, negotiating price and related business terms and relaying said terms into logical and meaningful contracts that are in compliance with the policies, procedures and contracting principles.

Provide key negotiation and pricing advice to assigned Lines of Business on each transaction with an emphasis on delivering bottom-line financial savings and/or risk minimization.

Effectively manage complex projects including: LOB expectations, leadership involvement, internal/ external communications, deliverable(s) timing, and executive reporting.

Manage the workload, training, and performance of a team of software sourcing managers (a mix of full-time employees, staff augmented personnel and managed service workers).Operate effectively at all levels and across matrixed environments, both internally and externally, including with CXOs.Partner closely with our internal legal, risk and finance teams towards the successful completion of integrate negotiations and initiatives.

Partner closely with key business stakeholders. Develop and share category-specific operational measurements. Respond to requests in a timely manner.

Maintain necessary sourcing system data, metrics and spend/savings analytics in support of departmental reporting and policy and procedure requirements.

Ensure consistency in supplier engagements. Carry out all supplier due diligence as required.

Work closely with regional teams and clients on local, regional and sometimes global project activities.

Continually develop subject matter expertise. Remain current on competition, category trends and industry practices.

Actively participate/lead Sourcing & Procurement initiatives that drive the continuous improvement of the Sourcing function at Corebridge Demonstrate understanding of the client’s…