Senior Sourcing and Contract Management Professional

Become a part of our caring community and help us put health first
 

Manage the end-to-end sourcing and contract management milestones for assigned cases, including issuing RFXs, evaluating proposals, redlining supplier agreements, leading supplier negotiation and ensuring all compliance, legal, business, and diversity spend criteria are met for awarding supplier contracts.
Collaborates with internal key stakeholders and category management to oversee sourcing activities, negotiate prices, manage payment terms, achieve
Total Cost of Ownership (TCO) savings, counter cost increase proposals, generate sourcing documents, conduct supplier evaluations, and provide guidance to business requestors in adhering to the sourcing management process (SMP).

Conduct commercial terms and conditions negotiations and ensure proper risk mitigation using standard operating procedures (SOPs), job aids, templates, methodologies, and knowledge gained via the Procurement Academy.

Resourcefully organize the negotiation and approval of associated deliverables within the SMP and proactively seek value, cost savings, and efficiency opportunities across assigned cases.

Act as a strong facilitator, guiding and leading the business requestor to get the best contractual results and connect Humana business and operating units to create, assess, negotiate, and finalize supplier contracts to procure goods and services. This involves collaborating with Business Requestors and Suppliers on the agreement’s key business provisions to ensure conformance with all agreed upon business points.

While work is typically managed using established procedures, regulations, and professional standards, the Sourcing & Contract Management associate offers advice on rights, obligations, and issue resolution related to contract performance with some interpretation.

Supports Humana departments for early involvement and collaboration, initiates SMP deliverables, notifying all applicable parties, and overseeing the approval of contracts via the Due Diligence process, leading to effective contract management.

Proactively tackles various challenges, from routine administrative tasks to complex problem-solving.

Use your skills to make an impact
 

Required Qualifications:

• Bachelor's degree from an accredited University.
• 7 years of work experience in lieu of a bachelor’s degree.
• 5 years of experience sourcing and negotiating commercial contracts T&Cs.
• Knowledge of procurement concepts and processes.
• The ability to read and interpret contract specifications within the Procurement process
• Exceptional written and verbal communication, time management, and interpersonal skills.
• Must be willing to learn new processes, policies, and procedures or technologies.
• Competency in applying project management theories, concepts, methods, best practices, and techniques as needed to perform at the job level.
• Advanced proficiency in Microsoft Office
• Competency in building partnerships and working collaboratively with others to meet shared objectives.
• Exemplify excellent emotional intelligence in positively influencing various stakeholders and improving business dynamics within Procurement and broadly across Humana; evidence of continuous positive customer feedback.
• Keenly aware of personal strengths and weaknesses; great at receiving, applying, and giving constructive feedback.

Preferred Qualifications:

• Experience with data-driven strategies, proficiency in automation tools, strong analytical skills, creativity, and the ability to effectively communicate and collaborate with cross-functional teams.
• Healthcare /highly regulated industry sourcing and contract management activities.
• Coupa, aSSIST, iCertis knowledge.

Additional Information:

Remote Nationwide but must be able to accommodate EST work hours.

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.

 

$78,400 - $107,800 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: 04-24-2025

About us
 

Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and 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, Medicaid, families, individuals, military service personnel, and communities at large.

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 veteran status. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, 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.