Sourcing Manager

Overview

Corebridge Financial is focused on helping people take action in their financial lives. We partner with financial professionals and institutions to provide solutions across a broad portfolio of life insurance, retirement, and institutional products through a multi-channel distribution network.

Summary of Role

We are looking for an experienced Sourcing Manager with a proven background in Market Data or related field across a global supply chain. This role leads all aspects of the sourcing process, from vendor due diligence, RFx, negotiations, contracting and participation in related vendor management activities across multiple Lines of Business.

• Accountable for competitively bidding, negotiating price and related business terms and relaying said terms into contracts that are in compliance with policies, procedures and contracting principles.
• Provide key negotiation and pricing advice to assigned Lines of Business on each transaction with emphasis on delivering bottom-line financial savings and/or risk minimization.
• Effectively manage complex projects including LOB expectations, leadership involvement, internal/external communications, deliverables timing, and executive reporting.
• Operate effectively at all levels and across matrixed environments, including with CXOs.
• Partner with internal legal, risk and finance teams towards successful completion of integrated negotiations and initiatives.
• Collaborate with key business stakeholders. Develop and share category-specific operational measurements. Respond to requests in a timely manner.
• Maintain necessary sourcing system data, metrics, and spend/savings analytics in support of departmental reporting and policy and procedure requirements.
• Ensure consistency in supplier engagements and carry out supplier due diligence as required.
• Work with regional teams and clients on local, regional, and sometimes global project activities.
• Continually develop subject matter expertise and stay current on competition, category trends and industry practices.
• Actively participate in/lead Sourcing & Procurement initiatives that drive continuous improvement of the Sourcing function at Corebridge.
• Demonstrate understanding of the client’s business, objectives, and constraints; address their needs with appropriate urgency.
• Build effective and trusted relationships with internal clients and vendors.
• Contribute to and shape an evolving Corebridge Sourcing & Procurement organization with high energy and enthusiasm.
• Exercise sound project management techniques.
• Incorporate diverse perspectives to generate better ideas, solve problems and improve performance.
• Collaborate with Supplier Diversity teams.
• Aim to achieve cost reduction/savings targets.

• 5+ years sourcing experience
• 5+ years of experience in Market Data and/or related field
• Strong analytical and problem-solving skills
• Strong entrepreneurial, interpersonal and team skills
• Demonstrated ability to work independently and in teams to deliver results
• Excellent communication, writing, facilitation, collaboration, and interpersonal skills
• Experience developing reporting to track the progress of initiatives
• Excellent experience with Ariba, Fieldglass, and MS Office products
• Ability to function in a fast-paced environment with minimal supervision
• Ability to work with Global Cross-Functional teams and operate in a Flexible work schedule
• Bachelor’s degree in business, Supply Chain, or equivalent field

We prioritize health, well-being, and work-life balance. Our comprehensive benefits and wellness program support employees both personally and professionally, providing resources and flexibility to thrive.

• Health and Wellness:
  Medical, dental, and vision plans, mental health support and wellness initiatives.
• Retirement Savings: 401(k) Plan with company matching and contributions, subject to plan terms. Details vary by location.
• Employee Assistance Program:
  Confidential counseling services and resources.
• Matching charitable donations:
  Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off:
  Up to 16 volunteer hours annually.
• Paid Time Off:
  At least 24 PTO days for eligible employees.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan documents and Company policy.

Corebridge Financial is committed to being an equal opportunity employer and complies with all applicable fair employment laws. All applicants are considered based on job-related qualifications without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. We are committed to compliance with all fair employment practices regarding citizenship and immigration status.

We believe diversity and inclusion are critical to a creative workplace that drives…