Mercury Insurance

Strategic Sourcing Specialist II Indirect Procurement

Mercury Insurance$63K — $117K *
Brea, CA 92821In-Person
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, supply chain, procurement, or related field required
  • 3-5 years experience in procurement, sourcing, supply chain, or vendor management
  • Experience with competitive bidding and contract coordination
  • Strong analytical skills, particularly in supplier proposal analysis
  • Effective communication skills for collaboration with stakeholders

Responsibilities

  • Lead sourcing initiatives for indirect procurement across various categories
  • Define business requirements and evaluation criteria for sourcing events
  • Coordinate supplier communications and maintain organized sourcing files
  • Analyze supplier proposals for competitiveness and alignment with stakeholder needs
  • Manage complex negotiations and supplier strategies across functions
  • Support contract reviews in collaboration with Legal and Finance
  • Track project milestones and procurement metrics for reporting

Benefits

  • Flexibility to work from anywhere in the U.S.
  • Paid time off, including vacation and sick leave
  • Incentive bonus programs including performance-based bonuses
  • Medical, dental, vision, and life insurance
  • 401(k) retirement plan with company match
  • Education assistance and professional development opportunities
  • Wellbeing resources including mental health support
  • Company recognition program for employee achievements
Full Job Description
Position Summary:

The Strategic Sourcing Specialist II independently leads sourcing initiatives supports the end-to-end indirect procurement lifecycle for assigned spend categories and sourcing events. This position helps business units identify requirements, develop sourcing approaches, conduct competitive bidding, evaluate suppliers, support contract review, and coordinate award and supplier onboarding activities. This position handles more complex negotiations, supplier strategy and cross-functional initiatives. The role is expected to operate within Mercury procurement policies, governance standards, and approved workflows while helping improve value, service, compliance, and cycle time across indirect spend categories. This position contributes to category discipline, process improvement, mentoring and strong business partnership. Mercury's current procurement roadmap emphasizes standardized RFx processes, expanded Coupa-enabled workflows, supplier tiering, stronger supplier onboarding, and improved KPI reporting across categories such as IT, facilities, professional services, advertising, mobility, Claims and underwriting-related services.

Geo-Salary Information

An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$63,410 to $117,348 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$57,646 to $106,680 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$51,881 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

In CA: Typical hiring range is $81,341.00 to $99,417.00

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:
  • Independently leads sourcing initiatives and supports sourcing activities for indirect procurement requirements, including intake support, market research, RFIs, RFQs, RFPs, bid administration, evaluation coordination, and recommendation development.
  • Manages and assists internal stakeholders in defining business requirements, scope, service expectations, pricing structure, and supplier evaluation criteria for sourcing events.
  • Coordinate supplier communications during competitive events and help maintain fair, organized, and well-documented sourcing files.
  • Analyze supplier proposals for commercial completeness, pricing competitiveness, business fit, and alignment to stakeholder requirements.
  • Handles complex negotiations, supplier strategy and coordinates across functions. Support negotiation of routine commercial terms, pricing schedules, statements of work, renewals, and amendments under the guidance of Procurement leadership or senior team members.
  • Coordinate with Legal, Finance, Information Security, Risk, and business stakeholders to support contract review and required approvals.
  • Support supplier onboarding and due diligence activities, including collection of required documentation and coordination of risk and compliance reviews.
  • Track sourcing milestones, savings opportunities, supplier status, contract actions, and procurement activity metrics for reporting purposes.
  • Help maintain category and supplier information, sourcing templates, bid records, and procurement documentation.
  • Provide day-to-day support to internal customers on procurement processes, tools, and policy requirements, including Coupa-related workflow support as assigned.
  • Contribute to supplier performance follow-up, issue resolution, and post-award coordination with stakeholders and suppliers.
  • Identify opportunities for process improvement, standardization, and better compliance within the indirect procurement lifecycle.
  • Perform other duties as assigned by Procurement leadership.
  • Regular attendance on a full-time schedule of at least 8 hours per day and 40 hours per week.


Qualifications

Education:
  • Bachelor's degree in business, Finance, Supply Chain, Procurement or related field required

Preferred:

  • Relevant professional CPSM (Certified Professional in Supply Management) is a plus.

Experience:
  • 3-5 years' experience in procurement, sourcing, supply chain, contract administration, vendor management, or a related business function.
  • Experience with competitive bidding, proposal analysis, contract coordination, and supplier management.
  • Experience supporting indirect procurement or services-based sourcing activities preferred.

Preferred:
  • Experience working with procurement systems, contract workflows, or spend reporting tools preferred.

Knowledge and Skills:

Foundational
  • Experience supporting multiple commodities/categories such as professional services, IT, facilities, office services, advertising, mobility, or other indirect spend areas aligned to Mercury's category model.
  • Experience with supplier segmentation, sourcing templates, procurement policy enforcement, or KPI/dashboard reporting.
  • Foundational knowledge of sourcing, contracting, supplier evaluation, supplier relationship management and procurement compliance practices.
  • Ability to organize and manage multiple sourcing events and deadlines in a structured environment.
  • Strong analytical skills with the ability to review supplier proposals, compare pricing, and summarize findings clearly.
  • Effective written and verbal communication skills with the ability to work professionally with internal stakeholders and suppliers.
  • Ability to build collaborative working relationships across Procurement, Legal, Finance, IT, and business teams.
  • Working knowledge of Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook.
  • Familiarity with procurement systems such as Coupa or comparable source-to-pay platforms preferred.
  • Sound judgment, attention to detail, and a proactive approach to issue resolution.

Spend Analysis and Reporting:
  • Analyze procurement and spend data to identify sourcing opportunities.
  • Support category management initiatives.
  • Track savings, cost avoidance, and sourcing project outcomes.
  • Develop reports and presentations for leadership review.
  • Identify trends, risks, and supplier concentration issues.

Analytical Skills
  • Ability to analyze pricing and cost structures.
  • Strong quantitative and analytical capabilities.
  • Ability to identify trends and savings opportunities.
  • Financial and business analysis skills.
  • Data interpretation and reporting skills.

Technology Skills - Strong Experience with:
  • Microsoft Excel
  • Microsoft PowerPoint
  • Microsoft Word
  • Strong understanding of Procurement and sourcing systems including:
  • Coupa
  • Jaggaer
  • Ariba

Additional skills:
  • AI tools
  • Data visualization tools
  • Spend analytics tools
  • Contract management systems


Perks and Benefits

We offer many great benefits, including:
  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more


Pay Range

USD $63,410.00 - USD $117,348.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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