EXL Service

Sourcing Consultant

EXL Service$80K — $95K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Minimum 3 years of experience in strategic sourcing or procurement, preferably in the insurance industry.
  • Strong analytical and problem-solving skills to interpret data and make informed decisions.
  • Excellent negotiation and communication skills, with a proven ability to build client relationships.
  • Proficiency in sourcing and procurement software tools.
  • Knowledge of industry-specific regulations and compliance requirements.
  • Strong attention to detail with a results-driven mindset.

Responsibilities

  • Conduct in-depth analysis of client requirements and industry trends to identify strategic sourcing opportunities.
  • Develop and execute comprehensive sourcing strategies, including market research and supplier identification.
  • Engage with clients to understand their unique needs and tailor sourcing solutions accordingly.
  • Negotiate and manage contracts with suppliers, ensuring favorable terms and conditions for clients.
  • Collaborate with cross-functional teams to align sourcing initiatives with overall business objectives.
  • Monitor and evaluate supplier performance, ensuring compliance with SLAs and KPIs.
  • Identify cost-saving opportunities and implement efficient procurement processes.

Benefits

  • Opportunity to work with top-tier insurance clients on strategic initiatives.
  • Collaborative work environment within a specialized consulting team.
  • Regular training and professional development.
  • Exposure to emerging technologies in the sourcing domain.
  • Flexibility for client engagements may include travel opportunities.
Full Job Description
JOB DESCRIPTION
As a Sourcing Consultant, you will be a key member of our SGU_F&A Ops_FRAC Consulting team, driving strategic sourcing initiatives and delivering exceptional results for our insurance clients. Your expertise will be instrumental in optimizing our clients' operations and transforming their businesses.
JOB RESPONSIBILITIES
  • Conduct in-depth analysis of client requirements and industry trends to identify strategic sourcing opportunities.
  • Develop and execute comprehensive sourcing strategies, including market research and supplier identification.
  • Engage with clients to understand their unique needs and tailor sourcing solutions accordingly.
  • Negotiate and manage contracts with suppliers, ensuring favorable terms and conditions for our clients.
  • Collaborate with cross-functional teams to align sourcing initiatives with overall business objectives.
  • Monitor and evaluate supplier performance, ensuring compliance with agreed-upon SLAs and KPIs.
  • Identify cost-saving opportunities and implement efficient procurement processes.
  • Stay updated on industry best practices and emerging technologies in strategic sourcing.
  • Provide regular progress reports and present findings to clients and stakeholders.

JOB QUALIFICATIONS
  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Minimum 3 years of experience in strategic sourcing or procurement, preferably in the insurance industry.
  • Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
  • Excellent negotiation and communication skills, with a track record of building strong client relationships.
  • Proficiency in using sourcing and procurement software tools.
  • Knowledge of industry-specific regulations and compliance requirements.
  • Ability to work independently and manage multiple projects simultaneously.
  • Strong attention to detail and a results-driven mindset.
  • Willingness to travel as required for client engagements.
  • A proactive and collaborative approach to team work.

About EXL Service

EXL Service is a leading operations management and analytics company that helps businesses enhance growth and profitability. The company provides services in areas such as finance and accounting, customer service, and healthcare. EXL Service was founded in 1999 and is headquartered in New York, New York.
Learn more about EXL Service
Size
31,000 employees
Industry

Similar Jobs

More Jobs at EXL Service

More Finance & Insurance Jobs

Find similar Sourcing Consultant jobs: