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Manage the end-to-end sourcing and contract management milestones for assigned work/cases, including issuing RFXs, evaluating proposals, redlining supplier agreements and documentation gathering, leading supplier negotiation and ensuring all compliance, business, and diversity spend criteria are met for awarding supplier contracts.
Collaborating with internal key stakeholders and category management to oversee sourcing activities, negotiate prices, manage payment terms, achieve Total Cost of Ownership (TCO) savings, counter cost increase proposals, generate sourcing documents, conduct supplier evaluations, and provide guidance to business requestors in adhering to the sourcing management process (SMP).
Conduct commercial contracts negotiations, drafting and reviewing while ensuring proper risk mitigation using standard operating procedures (SOPs), job aids, templates, methodologies, and knowledge gained via the Procurement Academy.

Resourcefully organize the negotiation and approval of associated deliverables within the SMP and proactively seek value, cost savings, and efficiency opportunities across assigned cases.

Act as a strong facilitator, guiding and leading the business requestor to get the best contractual results and connect Humana business and operating units to create, assess, negotiate, and finalize supplier contracts to procure goods and services. This involves collaborating with Business Requestors and Suppliers on the agreement’s key business provisions to ensure conformance with all agreed upon business points.

Proactively tackles various challenges, from routine administrative tasks to complex problem-solving.

Providing strategic and administrative support to the designated internal customer(s), L1/L2 categories, and Parents of Departments (POD). Key responsibilities include:

• Upon receiving assignments for new cases, initiate an internal analysis, review the existing supplier documentation, and create the corresponding contractual documentation while ensuring the associated costs are budgeted.

• Lead the negotiation process with suppliers to identify pricing terms and conditions (T&Cs) that maximize cost savings while ensuring the quality of services, products, equipment, and solutions.

• Support Humana departments for early involvement and collaboration, initiating and completing SMP deliverables, notifying all applicable parties, and overseeing the approval of contracts via the DD process, leading to effective contract management.

• Manage decision-making processes for new supplier agreements, renewals, deviations, due diligence and amendments while collaborating with internal stakeholders to address sourcing and contract management needs, review case/sourcing request completeness, and discuss timelines, budgets, sourcing strategies, and deliverables.

• Collaborate with business partners and category managers to conduct thorough internal and external research to evaluate suppliers and propose those that offer cost-effective and reliable services.

• Organize kickoff meetings, create and update procurement documentation, gather sourcing and contractual information using Humana's market intelligence tools, processes, SOPs, Job Aids, templates, and methodologies.

• Engage in and mediate conversations regarding establishing standards for assessing and managing suppliers while evaluating resulting supplier contracts and performance guarantees. This involves initiating the corresponding sourcing and contracting process, which includes concluding, reviewing, negotiating, and finalizing business with contract provisions.

• Proficiently utilize sourcing and contract management digital systems and protocols to optimize processes and enhance the efficiency of cases routing and overseeing the approval of supplier contracts by other Humana reviewers and Due Diligence groups such as EIP, PIRC, BC/DR, and FDR plays a significant role in the process.

• Encourage business requestors to adhere to Humana's templates, integrate due diligence and requirements into sourcing activities, and communicate risk exposure to business requestors is imperative. Furthermore, scheduling Q&A sessions between business requestors and suppliers, sourcing cross-functional team members, providing remediation, and reviewing qualitative and quantitative factor proposals and business terms and conditions are necessary steps.

• Provide input to internal customers, leads negotiation  of business terms and conditions in SOWs, Schedules, MSA, MBAs contract provisions, initiate redlines, provide and review redline comments, monitor redline status, and follow up with impacted parties.

• Determine if a Business Associate Agreement (BAA