Full-Time

Procurement Strategic Sourcing Consultant

Marketing

Posted on 1/13/2025

Allstate Insurance Company

Allstate Insurance Company

10,001+ employees

Provides a range of insurance products

Financial Services

Compensation Overview

$50.4k - $89kAnnually

Senior

No H1B Sponsorship

Remote in USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Data Analysis

You match the following Allstate Insurance Company's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 4 year Bachelors Degree (Preferred)
  • 3 or more years of experience (Preferred)
  • In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
  • Proficient in Microsoft Office Suite (Word, PowerPoint, Excel)
  • Proficient with modern procurement tools, preferably Ariba and Fieldglass
  • Intermediate knowledge of procurement techniques and principles
  • Sourcing for medium to high complexity commodities
  • Experience with RFP development and execution
  • Experience with supplier negotiations
  • Project management and organizational skills
  • Analytical capabilities, including cost models, is desirable.
  • Ability to assist with issue analysis, solution development, and conflict resolution.
Responsibilities
  • Proactively assess sourcing and category opportunities by gathering spend information, company purchasing patterns, competitive position, structured analysis of supplier/category industry, economics, market conditions, and expiring contracts
  • Use strong industry knowledge when partnering with others to establish sourcing strategies which include evaluation of sourcing alternatives, identifying the sourcing approach, and establishing project plan / timeline to deliver an effective sourcing solution
  • Lead negotiations of medium to high complexity contracts to document a clear understanding of supplier performance expectations.
  • Negotiate contract terms and pricing with suppliers to secure the best possible value.
  • Execute the category strategy and plan for applicable categories as directed by SPS leadership.
  • Drive cost savings opportunities to meet SPS goals; work with business stakeholders and category management to and identify savings opportunities.
  • Leverage data and market analytics to provide intelligence, analysis and reporting on each sourcing event.
  • Execute applicable facets of the source to pay processes, ensuring process and policy compliance.
  • Collaborate with internal stakeholders to understand their procurement needs and ensure alignment with company objectives.
Allstate Insurance Company

Allstate Insurance Company

View

Allstate provides a variety of insurance products, including auto, home, and life insurance, aimed at protecting individuals and families from financial risks. The company operates by selling insurance policies, which customers pay for through premiums. These premiums are then invested to generate returns for the company. Allstate distinguishes itself from competitors by offering a multi-channel distribution approach, allowing customers to purchase insurance through agents, online platforms, or partnerships with other financial services. The company's goal is to ensure customer satisfaction and reliability, as reflected in their slogan, "You're in Good Hands with Allstate," while also promoting diversity and engaging in corporate social responsibility initiatives.

Company Stage

IPO

Total Funding

N/A

Headquarters

Northbrook, Illinois

Founded

1931

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of telematics allows for personalized premiums and improved customer satisfaction.
  • Climate change drives demand for new insurance products covering emerging risks.
  • Growing importance of cybersecurity insurance offers a chance to tap into a rapidly expanding market.

What critics are saying

  • Texas AG lawsuit over alleged unlawful data harvesting poses legal and reputational challenges.
  • Potential financial penalties from data privacy lawsuit could affect customer trust and market position.
  • Workforce reduction plan in 2020 may lead to operational challenges and impact service quality.

What makes Allstate Insurance Company unique

  • Allstate offers a wide range of insurance products, including auto, home, and life.
  • The company uses a multi-channel distribution approach to reach diverse customer preferences.
  • Allstate is committed to inclusive diversity and corporate social responsibility initiatives.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours

INACTIVE