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Reporting to the Associate Vice President, Enterprise Source to Pay Services, the Associate Director – Sourcing is accountable for developing, managing, and executing the sourcing strategies, all indirect categories of spend across the enterprise. This leader will be an integral member the Source to Pay leadership team, a key business partner to Finance Leaders and Category Leaders and the process owner of the Sourcing Process.

The Associate Director – Sourcing will be responsible for:

• Leadership of the Sourcing team in the execution of sourcing initiatives across Enterprise Procurement & Supplier Management.

• Strong Engagement: This position will be a key business partner to the Procurement Category Leaders, Contract Management Leader and Finance Leaders and will be tasked with gaining a deep understanding of the category and sourcing strategies in place to drive the greatest value from the external marketplace.

• Partner with the Category Leaders and Contract Management Leader to identify, prioritize, and pursue short-, mid- and long-term sourcing opportunities.

• Drive strong demand planning and management, and budget alignment.

• Leading Sourcing Planning, Execution and Optimization: Lead the Sourcing team development, execution and monitoring of sourcing initiatives that drive valuable business outcomes.

• Support the savings forecasting process with visibility to pipeline initiatives that will yield savings.

• Drive year-on-year savings and other savings initiatives (payment terms, etc.) to support departmental goals and objectives.

• Drive strong alignment with Finance in the validation of savings. Ensure execution of tail spend management strategies, in collaboration with the Category Leaders.

• Ensure diverse suppliers are included in sourcing opportunities as a standard practice in the execution of sourcing initiatives.

• Lead the optimization of the sourcing process, leveraging departmental platforms and simplifying the stakeholder experience.

• Lead and develop the blended Sourcing team into a high performing team of sourcing professionals who develop sourcing strategies and source suppliers against business requirements for the breadth of engagements that drive significant value to Humana’s operations or profitability.

• Optimize collaboration with the Contract Management organization, ensuring further streamlining of operations in how we drive commercial and contractual value.

Impact

• Develop and lead appropriate sourcing strategies that support business requirements, develop savings targets, and driving savings across all categories of spend.

• Drive thought leadership for sourcing of categories by leveraging market and industry intelligence, trends, innovation, and best practices.

• Recruit, develop and lead a team of high performing sourcing professionals who are responsible for identifying, prioritizing, and pursuing short and long- term sourcing opportunities for all spend categories, in collaboration with the Category Leaders and Contract Management team.

• Develop supplier negotiation strategies that reflect and maximize Humana’s enterprise buying power, focus on service quality/performance and minimize risk exposure. Lead negotiation process for complex, high value transactions.

• Actively participate in achieving the organization's ESG goals including but not limited to Supplier Diversity and Sustainability.

• Collaborate with Supplier Management Leadership Team to drive sourcing rigor / excellence, talent management and optimization of the procurement target operating model within Enterprise Procurement and Supplier Management.

Use your skills to make an impact

Required Qualifications

• Bachelor’s Degree required.

• 10+ years in a procurement function with strong sourcing and negotiations experience across multiple indirect categories.

• 5 years of management experience, leading sourcing teams or sourcing centers of excellence through both authority and influence; including a proven ability to recruit, develop and retain key talent.

• Proven ability to develop and implement sourcing strategies, concepts, and governance.

• Strong experience in sourcing externalization including vendor base (market leaders and niche providers), service offerings/differentiation, cost and savings drivers and leading practices/market trends.

• Evidence of the ability to influence senior leaders and to foster productive working relationships with a diverse group of partners and peers.

• Examples of contract/vendor negotiation preparation and execution skills with suppliers

• Strong conceptual thinking skills with adeptness to lead others through ambiguous and/or complex issues.

• Ability to build consensus as an independent arbiter to achieve sourcing outcomes that meet business requirements without sacrificing service or increasing risk/cost.

• Experience using Coupa Sourcing and similar platforms to execute and manage sourcing events.

• Experience using SpendHQ or similar platforms to manage sourcing pipeline and reporting.

Preferred Qualifications

• Relevant procurement and supply management certifications desirable.

• MBA or advanced degree desirable.

Additional Information

#LI-PH1

Work at Home Guidance

To ensure Home or Hybrid Home/Office associates’ ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office associates must meet the following criteria:

• At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is recommended; wireless, wired cable or DSL connection is suggested
• Satellite, cellular and microwave connection can be used only if approved by leadership
• Associates who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
• Humana will provide Home or Hybrid Home/Office associates with telephone equipment appropriate to meet the business requirements for their position/job.
• Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information

Social Security Task:

Alert: Humana values personal identity protection. Please be aware that applicants being considered for an interview will be asked to provide a social security number, if it is not already on file. When required, an email will be sent from Humana@myworkday.com with instructions to add the information into the application at Humana’s secure website.

Scheduled Weekly Hours

40

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
$123,800 - $170,400 per year
This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.

About us

Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.