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Sr. Strategic Sourcing Lead

Lincoln Financial
United Statesfull_timeVerifiedPosted 16 Sept 2025
💰 $169,700/yr($93,300/yr$169,700/yr)

About the role

Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska)

 

 Work Arrangement:

Hybrid : Employee will work 3 days a week in a Lincoln office

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 75034

 

The Role at a Glance

 

In this position, you will take the lead in driving complex, enterprise-wide sourcing initiatives and contract negotiations for a wide range of Software, Hardware, Data Center, Cloud and related services supporting Information Technology under the direction of Lincoln’s Finance Transformation & Procurement Mgt function. 

 

What you'll be doing

 

•    Owning responsibility for the sourcing of assigned Technology renewals to completion for a wide range of Data Center agreements, software and SaaS solutions including providers such as Microsoft, SAP, Oracle, IBM, Adobe, ServiceNow, Salesforce and in addition, other financial software and data services providers.
•    Leading end to end sourcing projects to drive internal client value, including all key steps in the procurement lifecycle, such as strategy development, supplier selection, supplier negotiation, business case development input and supplier contract execution.
•    Leveraging industry and 3rd party supplier market intelligence to perform financial and commercial terms analyses of IT contracts to advise internal clients in optimizing IT Investments with future contemplation of supplier roadmaps and pricing changes.
•    Working closely with internal stakeholders in Technology, Legal, Finance and other areas from across the organization as required to facilitate the completion of sourcing tasks, adhering to established sourcing and business timelines and coordinating contract risk and mitigation.
•    Facilitating the Contract review process to completion.
•    Driving cost savings and cost avoidance by proactively identifying new opportunities, such as enterprise discount programs, long-term contracts options, and commit to consume models; taking a strategic approach to negotiate favorable terms and mitigate supplier price increases.

 

What we’re looking for

 

Must Haves:

 

•    Bachelor’s degree in business administration, Supply Chain Management or any related business management program.
•    Minimum of five (5) years’ strategic sourcing experience dedicated to IT categories, with demonstrated capability in influencing and driving IT sourcing initiatives to completion.
•    Proven experience with Tier 1 Enterprise OEMs such as Microsoft, SAP, Oracle, IBM, Adobe, ServiceNow, Salesforce, Cisco, Dell.
•    Negotiation experience and management of; ELAs with major vendors, maintenance renewals, security, SaaS and Platform-as-a-Service Cloud: including public cloud offerings such as AWS.
•    Professional services experience with related software, systems integration, cloud managed services, and Data Center managed services agreements.
•    Skilled and proven in the contract review process; including redlining IT contract commercial and legal terms for SaaS, MSA, NDAs, change requests, SOWs and Order forms.
•    Proficient use of procurement tools such as Ariba, DocuSign, or equivalent technology. 

 

Nice-to-haves:

 

•    Master of Business Administration or Advanced Degree.
•    Certified Professional in Supply Management (CPSM), Certified Purchasing Manager (C.P.M.), or other equivalents 
•    Knowledge of Supplier Diversity landscape for Information Technology providers

 

Application Deadline

 

Applications for this position will be accepted through September 18, 2025, subject to earlier closure due to applicant volume.

 

What’s it like to work here?

At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. 

 

What’s in it for you: