Munich Re

Category Manager - Professional Services & BPO

Munich Re$102K — $132K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in economics, engineering, supply chain management, or related field
  • 5+ years of relevant procurement experience
  • Experience leading strategic sourcing projects in international settings
  • Knowledge of BPO & Professional Services categories like Consulting and Legal
  • Familiarity with digital tools such as Coupa for procurement efficiency
  • Strong project management skills for data-driven category strategies
  • Proficient in contract terminology and negotiation with legal departments

Responsibilities

  • Act as the central strategic interface between internal customers and suppliers
  • Manage strategic procurement processes like demand management and negotiations
  • Support the development of sourcing and risk strategies alongside the Global Category Manager
  • Ensure alignment of local and regional procurement strategies
  • Build and maintain strong stakeholder and supplier relationships
  • Identify opportunities using category and market knowledge to drive results
  • Foster global interaction within procurement functions at Munich Re
  • Enhance user satisfaction with digital procurement tools

Benefits

  • Collaborative work environment focusing on continuous learning
  • Hybrid work model with both in-office and remote days
  • Comprehensive health and dental benefits starting from day one
  • Flexible health spending and wellness accounts
  • DC Pension Plan with employer contributions and optional matching
  • Generous time off including vacation and unplanned time
  • Unlimited access to LinkedIn Learning and professional development resources
  • Maternity and parental leave top-up programs
Full Job Description
Position Overview

As part of the Procurement Shared Service Organization Canada and the Global Sourcing Team you will report to the Global Category Manager for Professional Services & BPO based in Toronto. In this role, you will take ownership of strategic procurement initiatives in the subcategories of Management Consulting & Audit, Legal Services, BPO, and HR-related services. In addition to primary responsibilities, this role also entails providing periodic support for other non-IT sourcing categories, such as Office Services.

You will focus on delivering optimal sourcing solutions that create business value, strengthen supplier relationships, support digital transformation, and ensure compliance with regulatory and risk standards. In this role, you will effectively execute local and regional strategies in collaboration with the global category team.

Your Role:
  • Act as the central strategic interface with internal customers and key supplier managers for related procurement activities.
  • Ensure strategic procurement processes including demand management, tenders, offer evaluations, contract negotiations, and implementation.
  • Support the Global Category Manager in developing sourcing, supplier, and risk strategies, as well as shaping the process value chain.
  • Ensure alignment and implementation of local and regional procurement strategies.
  • Build and maintain strong relationships with internal stakeholders and suppliers.
  • Apply category and market knowledge to identify opportunities and drive results.
  • Foster global interaction with the procurement functions within Munich Re.
  • Use the digital procurement tools and improve user satisfaction (e.g. Coupa).
  • Ensure all sourcing activities comply with legal, regulatory, and corporate social responsibility standards.


Your Profile:
  • Bachelor's degree in economics, engineering, supply chain management or similar professional education
  • 5+ years of relevant procurement experience or proven track record in related roles
  • Experience in leading strategic sourcing projects in an international environment and ability to orchestrate cross-functional negotiation teams
  • Good knowledge of BPO & Professional Services sub-categories, i.e. Consulting, Legal, Temporary Labor, Recruitment, HR Services
  • Good knowledge of digitization including the usage of Coupa to streamline and improve efficiencies with the purchase of goods and services
  • Strong project management skills with proven experience in delivering category and sourcing strategies and projects that are data driven and managed
  • Proficient in contract terminology and able to develop alternative clauses where necessary in cooperation with in-house Legal Departments
  • Entrepreneurial spirit and experience of working both independently and in a team-oriented, collaborative environment
  • Ability to balance risk and effort with regulatory and compliance requirements
  • Technical expertise of the supported category strategy, with a clear understanding of the impact of regional and global strategies on local markets


What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including annual company bonus
  • Market leading company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
  • Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program, Recognition & Rewards Platform


Our base salary range for this role is between $102,000and $132,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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