What are the responsibilities and job description for the Sr Sourcing Specialist position at Medical Mutual?
Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance
companies based in Ohio. We provide peace of mind to more than 1.2 million members
through our high-quality health, life, disability, dental, vision and indemnity plans. We offer
fully insured and self-funded group coverage, including stop loss, as well as Medicare
Advantage, Medicare Supplement, and individual plans.
Job Summary
Provides expertise to the Procurement Department in the sourcing process to improve
processes, build strong relationships with internal customers and external suppliers, and
provide the best value in sourcing contracts.
Responsibilities
Education and Experience:
companies based in Ohio. We provide peace of mind to more than 1.2 million members
through our high-quality health, life, disability, dental, vision and indemnity plans. We offer
fully insured and self-funded group coverage, including stop loss, as well as Medicare
Advantage, Medicare Supplement, and individual plans.
Job Summary
Provides expertise to the Procurement Department in the sourcing process to improve
processes, build strong relationships with internal customers and external suppliers, and
provide the best value in sourcing contracts.
Responsibilities
- Leads sourcing events (RFQ, RFI, RFP, or direct negotiation) with departments, supplier selection, price/contract negotiation, and defining acceptable service levels.
- Manage and maintain exceptional relationships with internal customers and external suppliers. Analyze initiatives that impact spend management and improve strategic sourcing methods. Interacts with leadership to ensure effective spend management occurs at all levels of the organization.
- Creates strategies from market analyses and benchmarking to enhance sourcing opportunities. Enhances understanding of regional and local supply markets, including major suppliers and their capabilities.
- Lead the development and implementation of special projects to enhance the performance of the department.
- Performs other opportunities as assigned.
Education and Experience:
- Bachelor’s Degree in Business Administration with Supply Chain focus or related field.
- 5 years of experience as a Sourcing Specialist or equivalent experience.
- Certified Purchasing Manager (preferred)
- Experience with E-Sourcing - Oracle (iProcurement), Access, Excel, Word, and PowerPoint.
- Advanced knowledge of Strategic Sourcing Methodology (preferred – Services Industry), purchasing, financial modeling and qualitative analysis, market and supplier research and contract management.
- Advanced knowledge of project management
