Sourcing Specialist

Job Description: Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Sourcing Specialist to join our Technology Strategic Sourcing team in Newport Beach, CA. This role can be on-site, hybrid, or 100% remote. As a Technology Sourcing Specialist you’ll play a key role in Pacific Life’s growth and long-term success by providing sourcing strategies, negotiating with suppliers and providing pay-side support on technology purchases. How you will make an impact: Responsibilities include supporting Strategic Sourcing initiative set forth by sourcing managers within the Procurement Function: Strategy/Sourcing: Create sourcing strategies for software and related categories to reduce risk and meet targets for the internal customer, Business and Procurement Department. Tactical Purchasing: Issue purchase orders and resolve blocked invoices related to assigned category. Provide business stakeholder training and support for entire Procure to Pay process with primary focus on Pay side - generating purchase requisitions and purchase orders, receiving in Coupa, resolving blocked invoices, and assist with purchase order changes. Review open order report and manage deliveries. Assist business customers and Accounts Payable to ensure that vendors are paid on time. Support strategic sourcing in cost savings initiatives. Stakeholder Management: Develop and maintain key internal stakeholder relationships to create a collaborative planning environment. Communicate, manage, and drive compliance to category strategies among internal stakeholders. Provide solutions to a wide range of difficult problems. Analysis: Responsible for advanced quantitative analysis to identify financial impacts of decisions and performance for category managed. Perform business process analysis and develop models to improve cost. Collaborate with stakeholders to define SLA's and KPI's for suppliers and measure the appropriate criteria. Contract Negotiations: Utilize negotiations to maximize value and cost savings benefit while lowering risk. Supplier Management: Establish preferred suppliers for assigned category. Identify service areas of need within Pacific Life and develop relationships with new suppliers to meet those service needs. Create and implement related management programs to develop, continuously improve, manage the performance of, and monitor KPIs of the supply base. Project Management: Responsible for identifying and executing cost reduction and process improvement projects including planning, coordinating with stakeholders, estimating completion, and project updates. Performs assignments independently with instruction limited to results expected. Efficiency: Develop and lead efforts to reduce number of transactions for assigned category. Contract Management: Responsible for negotiating contract documents in collaboration with the Legal Department and other key stakeholder groups. Management of contracts ensuring performance of the supplier to contract obligations. Understand interrelationships between contracts and terms while applying creativity and sound business reasoning to interpret application of contract to business needs. The experience you will bring: Bachelor’s Degree required 2 years of hands-on Procurement Operations experience Knowledge of and proficiency in ERP and Procurement systems preferred (Ariba, Coupa, Archer, PeopleSoft, etc.) Working knowledge of MS Office Suite (Excel, MS PPT, and MS Word), with advanced skills in Excel Thinks innovatively and strategically: has organizational agility, possesses strategic agility Strong mathematical and analytical skills with attention to detail Ability to solve complex procurement operations problems in a fast-paced environment Excellent interpersonal, leadership and communications skills a must What will make you stand out: 4 year degree or equivalent. Procurement certifications helpful. Experience and/or interest in emerging technologies (RPA, Artificial Intelligence, blockchain etc.) preferred Business Intelligence and data mart experience (Tableau, Alteryx etc.) preferred Demonstrated experience managing large Technology strategic accounts. Expert knowledge and direct experience with various RFx initiatives. #LI-JA1 You belong at Pacific Life At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at www.pacificlife.com. Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife. Base Pay Range: The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay. $70,100.00 - $87,600.00 - $113,900.00 Your Benefits Start Day 1 Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered. Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off Paid Parental Leave as well as an Adoption Assistance Program Competitive 401k savings plan with company match and an additional contribution regardless of participation EEO Statement: Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company. A career at Pacific Life is more than a job. It’s being hardworking. It’s being agile. It’s being mission-driven. It’s giving our policyholders the time, attention, and expertise they deserve –helping them to reach their financial goals and safeguard their futures. It’s having a positive impact on our industry and in the communities around us. It’s leveraging the collective genius within to drive the way we do business now and in the future, while also enjoying a supportive environment where you can be fulfilled in life and in work. At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connections groups. The purpose of these employee-run groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at Connection Groups. Don't see the dream job you are looking for? Click "Get Started" below to drop off your contact information and resume and we will reach out to you if we find a match.

Salary : $70,100 - $87,600