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SalaryGEICO’s Procurement is seeking an experienced Supplier Manager to establish effective governance over GEICO’s supplier partnerships specifically pertaining to marketing, product, and real estate. This role is essential to the successful delivery of key cost, risk, and performance management-related efforts for third-party relationships leveraged by their line of business, in addition to identifying strategic opportunities for growth and/or greater return on investment. Primary focus will be oversight of GEICO’s highest tiered suppliers based on risk, spend, and complexity.
Primary Responsibilities
- Contract SME for all new and “Key” incumbent renewal contracts for their suppliers
- Works closely with internal team members establishing and maintaining relationships with internal business partners to ensure products and services align with Geico’s information security protocols and domain target architectures
- Identify value-generating opportunities (e.g., savings, efficiencies, or revenue growth) within supplier engagements, licensing models, or services
- Comfortable leading RFx events to build leverage with GEICO suppliers and deliver more favorable pricing and contract terms
- Lead contract negotiations in alignment with Geico contract processes, policies, and procedures
- Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures
- Monitor and ensure successful delivery against third party contractual obligations, including management of SLAs, True-ups, notification windows, etc.
- Lead execution of policy requirements for managed third-party relationships
- Plan and lead periodic risk reviews and assessments of supplier relationships
Required Qualifications
- Bachelor’s degree or military experience preferred
- 3-5 years of experience in marketing, product, or real estate business sector
- Strong problem solving, critical thinking, and analytical skills
- Proven track record of identifying and implementing improvements to business processes
- Experience negotiating contracts, including professional services
- Experience with ensuring customer requirements are met during the negotiation process
- Experience communicating with senior management and responding to their inquiries and requests
- Excellent communication and time management skills; able to communicate contract issues to diverse audiences
- Provide problem-solving and innovative ideas to support internal customers
- Demonstrated ability to negotiate with vendors to more effectively position GEICO to receive the best value proposals for the corporation
Desired Qualifications
- 4-year degree with Finance, Business Administration, or Supplier Management major
- Experience with a large service provider
- Experience with contract management systems
Location: Hybrid - This position will require the individual to work onsite 3-4 days per week. Remote work days when not onsite.
Annual Salary
The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits:
As an Associate, you’ll enjoy our
Total Rewards Program
- to help secure your financial future and preserve your health and well-being, including:
- Premier Medical, Dental and Vision Insurance with no waiting period**
- Paid Vacation, Sick and Parental Leave
- 401(k) Plan
- Tuition Reimbursement
- Paid Training and Licensures
- Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
**Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
