Senior Sourcing and Vendor Management Analyst (IT Focused)
Erie InsuranceAbout the role
Division or Field Office:
Office of the CFO
Department of Position: Treasury DepartmentWork from:
Corporate Office, Erie PA Salary Range:$85,247.00 - $136,175.00 *
salary range is for this level and may vary based on actual level of role hired for
*This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location, and experience of an applicant, as well as level of role for which the successful candidate is hired. Position may be eligible for an annual bonus payment.
At Erie Insurance, you’re not just part of a Fortune 500 company; you’re also a valued member of a diverse and inclusive team that includes more than 6,000 employees and over 13,000 independent agencies. Our Employees work in the Home Office complex located in Erie, PA, and in our Field Offices that span 12 states and the District of Columbia.
Benefits That Go Beyond The Basics
We strive to be Above all in Service® to our customers—and to our employees. That’s why Erie Insurance offers you an exceptional benefits package, including:
- Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
- Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
- Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
- 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
- Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
- Career development. Including a tuition reimbursement program for higher education and industry designations.
Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.
Position Summary
- Hiring manager will also consider candidates for Sourcing & Vendor Management Analyst II. Level of position offered will be based upon the depth & breadth of selected candidate's experience & qualifications.
Specific Role Responsibilities:
• Driving sourcing excellence with our IT Business partners through;
• Identify current state of IT infrastructure and application and modernizations strategies
• Craft contractual language guiding migration from legacy to digital solutions
• Partner with SVM Analyst(s) to shape approach and communication style to respective business partners
• Consistent engagements with Sr. IT leadership to understand and gain visibility into long term roadmaps
• Collaborate with IT Sourcing Organizations and peer networks to gain insight into market trends
• Identification of RFX opportunities within Erie’s IT portfolios
• Ability to understand IT specific technical requirements and leverage that knowledge to shape sourcing strategies
Establishes critical business and/or IT relationships with leadership structures to support, develop and implement sourcing and vendor management initiatives that align to successful obtainment of organizational objectives. Conducts vendor performance analysis and management in collaboration with risk management and category stakeholders to maintain and improve performance delivery expectations. Support and/or lead negotiation and bidding strategies along with commercial agreement efforts in order to deliver value-add opportunities based upon current and future business needs.
This position will have a focus on vendor relationship and performance management, contract development, agreement negotiations, and strategy development.
Duties and Responsibilities
Develops and leverages a broad view of commercial agreements with vendors to obtain terms and cost structures on behalf of business and/or IT stakeholders. Utilizes industry knowledge and vendor relationships to create enterprise-wide goods and/or services efficiencies and cost improvement opportunities.
Leverages historical knowledge and experience to effectively guide business and/or IT leadership through the commercial agreement development and execution process, regardless of document type or category.
Effectively navigates all aspects of negotiating complex agreements, and applies well-informed guidance, both internally and externally, towards the development and agreement
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