Vice President, Procurement
Job Description
Job Description
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.
The VP, Procurement will lead the company’s procurement transformation, implementing a center-led approach to balance cost, performance and risk to meet future business needs. Direct reports will include Procurement Enablement and Operations Leader (who will manage a team of Procurement Analysts/Sr Analysts) and Category Managers focused on overseeing strategies and action plans in high spend categories.
Responsibilities:
•Lead the transition to a center-led procurement model to align with enterprise goals.
•Streamline and improve procurement lifecycle processes and clarify roles.
•Collaborate with IT and business stakeholders to source and implement new procurement platform with appropriate integration to existing technologies.
•Drive adoption of centralized policies, tools, and category strategies.
•Manage and coach staff during the change process.
•Work with other second lines to design and implement cohesive policies and processes that comply with regulatory and ethical sourcing standards. Align and promote common terminology.
•Build and mentor a high performing team to drive and sustain value through strategic vendor relationships.
•Champion the transition to leverage actionable data to improve visibility and decision making related to managing external spend.
•Work with stakeholders and leadership to implement an appropriate governance framework and policies that align with the company's culture and standards.
•Provide input on strategies to Category Managers and stakeholders. Serve as Chief Negotiator in complex and/or strategic dealmaking and/or dispute settlement.
#LI-EH1
Skills & Attributes- Visionary leadership with the ability to manage change.
- Strong collaboration, interpersonal and influencing skills.
- Excellent project management and cross-functional collaboration.
- Expert level negotiator.
- Strategic thinker with a focus on results and efficiency.
- Strong ability to influence without formal authority.
- 10+ years of experience leading procurement functions in a large, matrixed organization.
- Experience implementing center-led or centralized procurement models.
- Strong background in change management and stakeholder engagement.
- Proven success driving change with supporting business cases that involve process and technology implementations.
- Strong track record of delivering significant and sustainable cost reductions.
- Bachelor's degree in Supply Chain, Business, or related field (MBA preferred).
Protective’s targeted total compensation for this position is $190,000 to $210,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees.
This position also offers additional incentive opportunities through an annual incentive and Long Term Incentive (LTI) based on individual and Company performance.
Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits ( e.g. , paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.
Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.
Accommodations for Applicants with a Disability :
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.
We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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