Job title: Contract Manager (Hybrid) in McKinney, TX at Globe Life Family of Companies
Company: Globe Life Family of Companies
Job description: At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.Role Overview:Could you be our next Contract Manager? Globe Life is looking for a Contract Manager to join the team!In this role, you will be responsible for contributing to all aspects of the strategic sourcing processes including market opportunity identification, strategy and portfolio development, contract negotiations, participate in the legal review process and contract implementation. Working directly with the Director of Contract Management, you will actively participate in the contract renewal and competitive bid process while utilizing and developing effective negotiation skills. This role will manage priorities identified by the Director of Contract Management and develop contracting strategies to reduce spend, improve operational efficiencies, and maximize internal stakeholder satisfaction. You will drive operational excellence and continuous improvement while being part of an environment where team members can grow, learn, do their best work, and feel appreciated.This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).What You Will Do:
Expected salary:
Location: McKinney, TX
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Company: Globe Life Family of Companies
Job description: At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.Role Overview:Could you be our next Contract Manager? Globe Life is looking for a Contract Manager to join the team!In this role, you will be responsible for contributing to all aspects of the strategic sourcing processes including market opportunity identification, strategy and portfolio development, contract negotiations, participate in the legal review process and contract implementation. Working directly with the Director of Contract Management, you will actively participate in the contract renewal and competitive bid process while utilizing and developing effective negotiation skills. This role will manage priorities identified by the Director of Contract Management and develop contracting strategies to reduce spend, improve operational efficiencies, and maximize internal stakeholder satisfaction. You will drive operational excellence and continuous improvement while being part of an environment where team members can grow, learn, do their best work, and feel appreciated.This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).What You Will Do:
- Competitively source technology spends through engagement of strategic suppliers and application of industry knowledge.
- In collaboration with the Director of Contract Management, facilitate the competitive bid process to include market research, design bid requirements and decision scorecards (with input for business), issue bid documents, facilitate all vendor Q&A, financial analysis, formal award decisions/announcements) and post award vendor management.
- Draft, negotiate, project manage and execute contractual documents including but not limited to master service agreements, statements of work, letter agreements, NDAs and purchase orders, etc.
- Measure and manage vendor performance relative to contracted service levels and Key Performance Indicators (KPIs).
- Resolve strategic supplier performance issues to ensure internal customer satisfaction.
- Work with Third Party Management on annual credit card spend migration projects.
- Work with Third Party Management in working with vendors to have updated agreement executed.
- Identify and convert specific vendors from credit card payment to company purchase order and invoice.
- Supplier management - supporting the evolution of supplier management through supplier scorecard development and supplier quarterly business reviews.
- Utilizes the appropriate support tools to drive results and deliver savings.
- Liaise with Information Technology to interpret technical specifications to commercial and corporate financial requirements.
- Responsible for ad hoc duties/projects as assigned by Director of Contract Management.
- Summarize and present business cases and agreements for executive review and approval.
- Participate in cross-functional meetings across the company to include the department of Information Technology.
- Work under "hybrid" office model within the encouraged work hours and schedule including required meetings and timely attendance.
- Work performed primarily in an office environment, consisting of light to moderate physical activity, including use of computer, telephone and/or other office equipment.
- All team members must adhere to Globe’s mission statement, core values, and company policies and customer service standards.
- BA/BS in business or related field.
- 5 years' experience in technology contracting, strategic sourcing or similar role.
- 5 years’ experience working with contracts and negotiations required.
- Experience in the insurance industry preferred.
- Demonstrated expertise in competitive bidding, and management of high-profile agreements.
- Outstanding written and verbal communication skills, able to clearly and concisely communicate information at multiple levels, adapting easily to change.
- Advanced strategic sourcing skills: Ability to manage multiple category strategies; RFP / RFI / RFQ, contract negotiations, vendor lifecycle management, understanding of risk mitigation principles, and understanding of various cost evaluation methods (TCO, ROI, etc.).
- Reliable and predictable attendance of your assigned shift.
- Ability to work full time and/or part time based on the position specifications.
- Competitive compensation designed to reflect your expertise and contribution.
- Comprehensive health, dental, and vision insurance plans because we believe that taking care of your well-being is fundamental to your performance.
- Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
- Wellness club reimbursements and gym discounts to help you stay on top of your health.
- Paid holidays and time off to support a healthy work-life balance.
- Development training programs to enhance your skills and career progression and unlock your full potential.
Expected salary:
Location: McKinney, TX
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