Strategic Sourcing Analyst

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Location: We support US flexible working arrangements in the contiguous 48 states.  

At Sun Life, we look for optimistic people who want to make life brighter for our Clients. We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work. Every day, you’ll be empowered and challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America. 

The opportunity:

The Sourcing Analyst collects, evaluates and analyzes supplier data to support the vendor governance process including: supplier outreach, scorecard development and meeting facilitation, spend/market analysis, RFX development and execution, contract negotiation support and documentation.

How you will contribute: 

• Develops and maintains Vendor Management process documentation

• Develops and publishes supplier communications to suppliers and the internal community

• Actively source and conduct reporting for diverse suppliers

• Maintain vendor database, supports KPI development and tracking

• Prepare organizational, industry and supplier market outlooks

• Understands and tracks performance of organization’s spend, supplier market, costs and tiers of suppliers

• Collects and evaluates information about potential suppliers including reference checks, financial review, evaluating risks, and other business data as required

• Working with Category Managers, develops quarterly business review packages; participate in supplier meetings

• Actively assists with vendor reviews and dispute resolutions including vendor issue log tracking and facilitating issue closure

• Analyzes information and evaluates results to develop best solution

• Create and manage execution of RFXs and auctions, including post event evaluation

• Uses analytic techniques to support vendor evaluations

• Continuously evaluate purchasing programs and vendors to identify opportunities for improvement and streamlining

• Ability to negotiate contracts under direction of Category Manager

• Supports teams by assisting with various departmental initiatives and projects

• Required to attend additional training as requested/deemed necessary

What you will bring with you: 

• Bachelor’s Degree or higher

• 5 years’ experience in strategic sourcing or strategic purchasing organization

• Strong ability to read/interpret and write/complete/produce documents

• Demonstrated experience in facilitating meetings

• Successful experience in purchasing high-volume purchases in an interactive team environment

• Strong experience in Microsoft Office Suite (Excel, PowerPoint, Word)

• Strong written, verbal, and negotiation skills

• Strong analytical and critical thinking skills

Do you see yourself in this role even if you haven’t checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you. 

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you! 

Life is brighter when you work at Sun Life 

• Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more 

• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account  

• A flexible work environ