Intact Financial Corporation

Category Advisor - Procurement

Intact Financial Corporation$74K — $91K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Post Secondary education in Business Administration, Procurement or Finance
  • Minimum 3 years experience in strategic sourcing principles and P2P processes
  • Ability to review, interpret, and negotiate contracts
  • Strong project management, presentation, and communication skills
  • Proficient in Microsoft Excel
  • Bilingualism required for candidates located in Quebec

Responsibilities

  • Employ a risk-based approach to assess security and legal requirements for Third-Party Vendor relationships
  • Negotiate agreements valued below 250k
  • Monitor contract lifecycles in line with corporate governance
  • Evaluate contractual framework and draft minor amendments
  • Identify and manage risks related to contracts and Third-Party Vendors
  • Nurture relationships across various functions and locations
  • Support procurement continuous improvement projects

Benefits

  • Annual bonus plan with performance-based potential payout
  • Employee Share Purchase Plan with company matching
  • Flexible pension offerings for long-term security
  • Possibility to receive guaranteed income for life via a defined benefit pension plan
Full Job Description

Salary range (but not limited to):

74,800 - 91,400

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

7.5%

As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.


About the role

Join us as a Category Advisor and help shape the future of Procurement in a dynamic, customer-centric environment. We’re seeking a strategic, entrepreneurial thinker with standout analytical skills, critical thinking, decision-making, problem-solving, and meticulous attention to detail, and who can move fast with changing market conditions.

You’ll lead third-party contracting, applying best practices in privacy and data protection, stay current on market trends, and influence diverse stakeholders with a balanced mix of assertiveness, tact, and diplomacy. If you learn quickly and collaborate effectively and understand both the contractual framework and how technology drives operations, you’ll thrive here.

Bring your design and business acumen to interpret requirements beyond the written word, elevate business processes through technical insight, and build credibility and repeat business for Procurement, while being a true team player.

What you’ll do here:

  • Employ a risk-based approach to determine the applicable security and legal requirements applicable to each relationship with a Third-Party Vendor and perform assignment of various corporate resources (Procurement, Corporate Legal, Information Security, Risk, etc.) to support Third Party Vendor contracting activities in accordance with established corporate governance.

  • Negotiate agreement below the 250k value.

  • Monitor contract lifecycle (perpetual, fixed, auto-renew) in accordance with established corporate governance and appropriate support from cross-functional experts, business partners, and Procurement.

  • Evaluate appropriate contractual hierarchy framework, drafting of minor amendments and pre-approved legal templates and contract administration throughout the contract lifecycle.

  • Identify and raise contracts and Third-Party Vendor risks while supporting business requirements and improving shareholder value.

  • Nurture cross-functional relationships and networks with suppliers, business partners, peers and leaders across multiple functions, divisions and geographic locations.

  • Support the implementation of all procurement continuous improvement projects


What you bring to the table:

  • Post Secondary education in Business Administration, Procurement or Finance

  • Minimum 3-years experience in strategic sourcing principles and P2P processes with the ability to apply this knowledge to execute projects and optimize strategies

  • Ability to review and interpret binding contracts, negotiate terms and conditions and analyze bids – is required

  • Strong project management, presentation, and communication skills – is required

  • Strong Microsoft Excel skills – is required

  • Maintain a professional, friendly, and confident demeanor with the ability to explain and communicate clearly to senior-level leaders

  • For candidates located in Quebec, bilingualism is required considering the necessity to interact on a regular basis with English-speaking colleagues across the country.

#LI-Hybrid

Ce poste jouera un rôle essentiel au sein de notre équipe. | This position will fill an essential role in our team.

About Intact Financial Corporation

Intact Financial Corporation is a Canadian insurance company that provides property and casualty insurance to individuals and businesses. The company operates in Canada and the United States and offers a range of insurance products, including auto, home, and commercial insurance. Intact Financial Corporation was founded in 1809 and is headquartered in Toronto, Canada.
Learn more about Intact Financial Corporation
Size
16,000 employees
Industry

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