Procurement Lead

 Posted 2 hours ago
     
 $104K - $143K per year
  
2-5 years experience
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AI Summary

The Procurement Lead develops and implements sourcing and category management strategies to ensure spending transparency and cost savings. Responsibilities include managing supplier portfolios, negotiating with pharmaceutical companies, and mitigating legal and commercial risks.

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The Procurement Lead generates and implements efficient sourcing and category management strategies. Reporting to the Procurement Director, you will manage our supply portfolio ensuring transparency of spending. The Procurement Lead works on problems of diverse scope and complexity ranging from moderate to substantial.

The Procurement Lead complies with federal and state regulatory guidelines. Reconcile purchases with invoices from vendors, validate pricing and contract compliance. Monitor sales and margins through vendor negotiations and promotional opportunities. Deal with the pharmaceutical companies for drug purchasing. Advise executives to develop functional strategies (often segment specific) on matters of significance. Exercise independent on complex issues regarding job responsibilities and related tasks, and works, Uses requiring analysis of variable factors and determining the best course of action.

Details

  • Work with leadership to develop category strategies based on sourcing profession best practices, including supply market analyses, Porter's Five Forces, should-cost models, process and domain expertise
  • Develop risk- and probability-adjusted multi-year savings forecasts and annual savings goals
  • Leverage internal and external resources, as part of the operating model, to in the most efficient way
  • Oversee analysis of qualitative and quantitative supplier characteristics, including supplier capabilities, supplier goals, risk profile, and supplier's financial position for requisite categories
  • Implement a supplier segmentation program that differentiates the sourcing/management model for different supply categories and suppliers
  • Develop multi-year sourcing pipelines that create total value, including cost savings and supplier development for Humana
  • Work with the Continuous Improvement team for multi-team project implementations
  • Bring corporate compliance to the preferred-supplier program through end-user change management and communications programs
  • Work with Procurement Operations and Corporate Payables to guarantee a seamless experience for associates
  • Develop and implement leading sourcing practices for environmental sustainability and supplier code of conduct
  • Mitigate legal and commercial risk for Humana


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Required Qualifications

·         4+ years of experience procurement sourcing/supply chain/vendor management or contracting experience

·         Sourcing experience with RFI/RFQ/RFP

·         Experienced in negotiations with third parties

·         Experience building category strategies

·         Experience conducting financial analyses to support business proposals

·         Experience partnering and presenting to leadership

·         Outstanding communication and interpersonal skills, including assertiveness, courage, and the ability to influence others

·         Excellent relationship management skills, demonstrating mature confidence and integrity

·         Business analysis skills to drive and implement sourcing programs and services aligned with business partner strategies

·         Demonstrated ability to work autonomously, both as a lead and as a part of a team

·         Ability to work in a team environment to collate and act upon feedback from all levels within the business and sourcing environments

·         Will accommodate EST/CST working hours

Desired Qualifications

·         Experience with procurement outsourcing services

·         College degree in Finance, Business or another related field

·         Project Management

·         Spend analytics & reporting

Additional Information:

Location: Remote, Nationwide

Interview Format
As part of our hiring process for this opportunity, we will be use an interviewing technology called HireVue to enhance our hiring and decision-making ability. HireVue allows us to quickly connect and gain valuable information from you pertaining to your relevant skills and experience at a time that is best for your schedule.

Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

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.


 

$104,000 - $143,000 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.

Application Deadline: 06-21-2026


About us
 

About Humana: Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our 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 and Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.


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 protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with 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.

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