Category Manager
Everest Global Services, Inc.

Title:
Category Manager

Company:
Everest Global Services, Inc.

Job Category:
Technology

Job Description:

It's an exciting time for Everest Re Group, Ltd. ("Everest")! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest is a growth company with $10.5 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial, and responsive.

Although we are currently in the North American market, we see great opportunity to expand our markets. To support this, we are currently looking for a Category Manager for our headquarters in Warren, New Jersey.

You will be responsible for one of several procured categories such as: Facilities Management, Contingent Labor, Corporate Travel, Data, and Corporate Credit Cards. The Category Manager will come under the Global Administrative Services group and will lead all aspects associated with the planning, opportunity assessment, negotiation and acquisition of major groups of goods and services associated with their procured category. This is a newly created role that will respond to Everest's continued growth and expansion.

This role has a critical responsibility for developing and aligning category strategies with the business partners needs across the Enterprise by identifying and managing a supply base to drive growth & profitability. This is a great opportunity to be responsible for building a new function and working with a wide range of stakeholders. The role will develop category plans, deliver contract negotiations, govern appropriate processes and ensure procedures are adhered to. The position is responsible for training stakeholders and complying with standard sourcing and procurement work procedures to support business objectives while building a global center of excellence.

This Role Will Focus on Four Key Areas

• Supply Management - Strategy development and priority setting including multi-year category planning with goals to increase engaged spend, preferred supplier programs, supplier diversity, and business process outsourcing trends. This role will develop and build effective relationships to implement strategies across the enterprise and regions.
  
• Management Processes - Policy and procedure development and identify sustainable and repeatable work methods to ensure good outcomes; including contributing to the design and implementation of the new Procure-to Pay tools.
  

• Sourcing Expertise - Lead the development and negotiation of RFx, SOWs and contracts through the contract lifecycle maximizing value while minimizing risk. Partner closely with Legal and stakeholders to support efficient contract review, contract negotiation and contract finalization while creatively resolving negotiation barriers.
  
• Value Creation - As Everest continues to grow our business globally, we need to look at opportunities to partner with our regional offices, Vendors and Clients in different ways to solve business issues, create innovative third party solutions and grow closer with our Business units. This role will look at opportunities to improve our spend category strategies that will deliver a better outcome in service levels, revenues or cost reductions and identify where centralized versus local sourcing is advantageous.
  

Responsibilities for this role will include:

• Lead Category Management and Strategic Sourcing efforts; enable, implement and deliver sourcing and category management activities across major groups of goods and services.
  
• Drive cross-functional projects for assigned category areas. Develop sourcing and category strategy, assist with supplier selection and negotiate contracts.
  
• Provide expertise on sourcing and procurement process; and standard methodologies and help to implement across Everest to ensure speed-to-market while minimizing associated risks.
  
• Lead all aspects of spend activity for assigned category areas and determine appropriate metrics and information to be measured and reported.
  
• Develop and negotiate rate cards to ensure consistent price levels across our Business.
  
• Evaluate and synthesize pertinent data including, but not limited to - spend, purchase practices, supply market intelligence, stakeholder requirements, benchmark information, supplier performance data, business cases.
  
• Partner with functional and business leaders to reduce total cost of ownership and increase efficiency.
  
• Identify large-scale business opportunities and improvement initiatives that increase profitability.
  
• Knowledge and experience with procurement/spend systems data and analysis.
  
• Ability to inspire change in a global decentralized organization with minimum supervision.
  

Qualifications

• 5 + years of relevant experience.
  
• Relevant strategic sourcing experience preferably in insurance or financial services.
  
• Sourcing experience in the development and management of a global supply base and development of policy and process.
  
• Experience in leading local, regional and global sourcing initiatives for major groups of goods and services.
  
• Strong and proven commercial acumen across multiple spend categories with a focus on SOW development.
  
• Ability to influence across functions and drive results without direct ownership.
  
• Experience building diverse supply chains and/or Supplier Diversity.
  
• Proven track record of owning and driving results.
  
• Excellent relationship management and collaboration skills across various areas of the business.
  
• Proficiency in Procure-to-Pay tools (e.g. Coupa, Oracle, etc.) preferred, including experience designing workflows.
  
• Strong project management skills.
  

#LI-LK

#LI-Hybrid

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Talent Acquisition at 1-908-604-3000.

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