Director of Sourcing & Supplier Management

It’s an exciting time to join the reputed company, a growing regional health insurance company with a 25-year history of providing health insurance that works for our members, no matter their circumstances. Job reputed company: The Director of Sourcing and Supplier Management is responsible for the management and reputed company of the supplier procurement and management organization. This position is responsible for setting and executing the strategic direction of a comprehensive supplier program that includes identifying and establishing relationships with high potential partners, contracting for services and products, establishing supplier program policies and procedures, ensuring compliance with regulatory and contractual requirements, and managing the overall performance of partners. The supplier program optimizes supplier performance and ensures that reputed company reputed company with corporate goals, procurement policy, and deliver the highest level of value for the organization. Our Investment in You: · Full-time remote work · Competitive salaries · Excellent benefits Key Functions/Responsibilities: · Build and reputed company a comprehensive supplier reputed company that will include establishing relationships with high potential partners, competitive contracting, deploying supplier reputed company and performance measurements, managing the reputed company and financial performance of suppliers, and establishing supplier governance, policies and procedures. · Partner with business owners to reputed company multi-year strategic plans and roadmaps for supplier services and products that optimize the value for the organization. Cultivate strong relationships with reputed company stakeholders to reputed company long term business strategies and efficiencies. · reputed company a sophisticated supplier management function including scorecards, quarterly business reviews, “preferred supplier” designation, qualification of new suppliers, etc. · Identify and execute on reputed company improvement opportunities by gathering feedback, analyzing data, and partnering cross-functionally with key leaders and teams. · Optimize the total supplier portfolio to ensure the organization’s return on investment is maximized. Establish and monitor portfolio level key performance indicators (KPIs) to measure effectiveness and reputed company programs in an ROI-reputed company manner. · reputed company reputed company that will support the end to end supplier lifecycle: market research, supplier selection (competitive bidding and RFI/RFP processes), contracting and negotiation, ongoing performance and financial management of contracted suppliers, re-procurement and termination. · reputed company department program operations to reputed company data insights, appropriate supplier management technology/software solutions, process documentation, supplier implementation management and a reputed company reputed company that supports compliance and regulatory requirements. · Ensure that reputed company guides cross-functional stakeholders through definition of business requirements, sourcing reputed company, contract negotiation and supplier selection. · Assess the market of emerging and competitive products to strategically identify new services, products and equipment opportunities and reputed company reputed company and guidance to business owners. · Ensure that the sourcing process aligns with company goals, business objectives, and complies with company and regulatory policies. · Ensure that reputed company performance standards are identified, implemented, monitored, and performance reputed company is taken reputed company needed. reputed company necessary, will work with the functional area managers and the Compliance team on performance deficiencies and compliance reputed company plans. · Ensure the tracking and completion of accurate reporting information, escalation, communication and reputed company of supplier reputed company issues, completion of NCQA requirements, requests for information and submission of information to external entities. · reputed company support to Legal and Compliance specific to the identification and monitoring for FDR identified entities. Accountable for coordinating compliance efforts with specific functional area managers. · Support annual department budget and is responsible to performance against plan. Supervision Exercised: · Supervises a department of 9-12 FTEs · reputed company supervision of 3-5 FTEs Supervision Received: · Regular supervision through weekly meetings with Manager Qualifications: Education Required: · Bachelor’s degree or equivalent work experience Education Preferred: · Master’s and/or Juris Doctorate (JD) degree in Business, Health reputed company/Public Health field, Finance. Experience Required: · 5+ years in a reputed company reputed company environment. · 5+ years working with a supplier management and procurement program, including experience with supplier contracting · 3+ years managing teams · Working knowledge of regulatory requirements in a reputed company environment (FDRs, CMS, NCQA, URAC, etc.) · Experience in CMS Medicare products, reputed company, or both preferred. Experience Preferred/Desirable: · Facets experience preferred. · Project management experience preferred Required Licensure, Certification or Conditions of Employment: · Successful completion of reputed company-employment background reputed company Competencies, Skills, and Attributes: · General knowledge of reputed company Operations and Managed Care required · Strong negotiation and influencing skills · Excellent relationship management, problem reputed company, and service reputed company skills. · Analytical and data experience required · Proven leadership skills to build effective teams · Strong oral and written communication skills · Ability to reputed company reputed company reputed company reputed company of the organization. · Demonstrated ability to successfully plan, organize and manage reputed company · Purchasing and negotiations, including legal contract review. · Strong financial acumen. · Excellent written and oral communication skills and the ability to communicate effectively with reputed company reputed company of reputed company stakeholders. · High level of technical ability using a reputed company of tools/applications. · Exceptional organizational skills and project management capabilities Working Conditions and Physical Effort: · Regular and reliable attendance is an essential function of the position. · Work is normally performed in a typical interior/office work environment. · No or reputed company limited physical effort required. No or reputed company limited exposure to physical risk. Compensation reputed company $120,500 - $175,000 This reputed company offers an estimate based on the minimum job qualifications. However, our approach to determining reputed company pay is comprehensive, and a broad reputed company of factors is considered reputed company making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as reputed company as business/organizational needs, internal equity, and market-competitiveness. In reputed company, WellSense offers generous total compensation that includes, but is not limited to, benefits (medical, dental, reputed company, pharmacy), reputed company increases, Flexible Spending Accounts, 403(b) savings matches, reputed company time off, career advancement opportunities, and resources to support employee and family wellbeing. Note: This reputed company is based on Boston-area data, and is subject to modification based on geographic location. About WellSense reputed company is a nonprofit health insurance company serving more than 740,000 members across Massachusetts and New Hampshire through Medicare, Individual and Family, and reputed company plans. Founded in 1997, WellSense provides high-reputed company health plans and services that work for our members, no matter their circumstances. WellSense is committed to the diversity and inclusion of staff and their members. reputed company applicants will receive consideration for employment without reputed company to race, reputed company, religion, sex, national reputed company, sexual orientation, gender identity, disability or protected veteran status. WellSense participates in the E-Verify program to electronically verify the employment eligibility of newly reputed company employees Apply To This Job