Procurement, Supplier Manager

GEICO’s Procurement is seeking an experienced Supplier Manager to establish effective governance over GEICO’s supplier partnerships specifically pertaining to marketing, product, and real estate.

This role is essential to the successful delivery of key cost, risk, and performance management-related efforts for third-party relationships leveraged by their line of business, in addition to identifying strategic opportunities for growth and / or greater return on investment.

Primary focus will be oversight of GEICO’s highest tiered suppliers based on risk, spend, and complexity.

Primary Responsibilities :

Contract SME for all new and Key incumbent renewal contracts for their supplier

Works closely with internal team members establishing and maintaining relationships with internal business partners to ensure products and services align with Geico’s information security protocols and domain target architectures

Identify value-generating opportunities (e.g., savings, efficiencies, or revenue growth) within supplier engagements, licensing models, or services

Comfortable leading RFx events to build leverage with GEICO suppliers and deliver more favorable pricing and contract terms

Lead contract negotiations in alignment with Geico contract processes, policies, and procedures

Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures

Monitor and ensure successful delivery against third party contractual obligations, including management of SLAs, True-ups, notification windows, etc.

Lead execution of policy requirements for managed third-party relationships

Plan and lead periodic risk reviews and assessments of supplier relationships

Required Qualifications :

Bachelor’s degree or military experience preferred

3-5 years of experience in marketing, product, or real estate business sector

Strong problem solving, critical thinking, and analytical skills

Proven track record of identifying and implementing improvements to business processes

Experience negotiating contracts, including professional services

Experience with ensuring customer requirements are met during the negotiation process

Experience communicating with senior management and responding to their inquiries and requests

Excellent communication and time management skills; able to communicate contract issues to diverse audiences

Provide problem-solving and innovative ideas to support internal customers

Demonstrated ability to negotiate with vendors to more effectively position GEICO to receive the best value proposals for the corporation

Desired Qualifications :

4-year degree with Finance, Business Administration, or Supplier Management major

Experience with a large service provider

Experience with contract management systems

Location : Hybrid - This position will require the individual to work onsite 3-4 days per week. Remote work days when not onsite.

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Annual Salary

$86,000.00 - $154,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate / annual salary to be offered to the selected candidate.

Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

Benefits :

As an Associate, you’ll enjoy our

• to help secure your financial future and preserve your health and well-being, including :
• Premier Medical, Dental and Vision Insurance with no waiting period
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Reimbursement
• Paid Training and Licensures
• Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.

Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.