Full-Time

IT Procurement Director

Hybrid

Posted on 6/27/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Senior, Expert

No H1B Sponsorship

San Antonio, TX, USA

Hybrid position.

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Coupa
Oracle
Data Analysis
Requirements
  • Bachelor's degree in Finance, Accounting, Business Administration, Supply Chain, or related field.
  • 10 years of professional experience in a strategic sourcing role, with extensive experience in IT category management for a publicly-traded company; experience in other sourcing categories a plus.
  • Experience with Oracle, Coupa, Ariba, or other similar procurement systems.
  • Experience implementing P2P processes.
  • Experience developing category and supplier strategies.
  • Experience using procurement market intelligence tools.
  • Experience in executive management reporting.
  • Strong negotiation skills.
  • Ability to influence others.
  • Knowledge of P2P processes, category management, and other key procurement best practices.
  • Knowledge of US/EU regulations impacting procurement and contracting, including data privacy laws.
  • Financial acumen, data analytics skills including the use of common tools such as Excel, PowerBi, or Qlik.
  • Excellent written and oral communication skills.
  • Ability to manage multiple complex initiatives at once, with strong prioritization skills.
  • Essential knowledge of the Microsoft Office suite (Word, Excel, PowerPoint, Outlook, Access).
  • Good judgment in safeguarding Argo's confidential information.
  • Ability to work independently and know when to ask for support, assistance, or direction.
  • CPP, CIPS, SPSM, or CSCP are a plus.
Responsibilities
  • Independently performs a variety of complex sourcing and procurement activities to deliver value, cost savings, and risk mitigation.
  • Leads the development of IT category management strategies, working directly with the CIO and IT leadership to improve total cost of ownership and meet departmental goals.
  • Negotiates complex vendor contracts and monitors contract compliance to ensure terms and conditions are being met and the expected value is delivered.
  • Analyzes purchasing patterns, defines priorities for assigned category of goods and services, and develops opportunities for cost savings, demand management, and risk mitigation.
  • Researches and reports on industry trends and initiatives; investigates targeted industries, potential suppliers, and critical service factors to develop category strategies.
  • Develops and initiates complex requests for proposal documents, reviews supplier proposals, makes supplier recommendations, issues awards, and negotiates supplier contracts.
  • Collaborates with IT, business, and operational leads to develop strategic sourcing initiatives and oversees the implementation of key priorities.
  • Manages key strategic relationships and is a key resource for resolving vendor disputes.
  • Ensures compliance with corporate policies and procedures and applicable legal and regulatory requirements throughout the procurement process.
  • Advocates and monitors departmental procurement procedures, and may recommend changes and improvements.
  • Ensures high-quality centralized sourcing and procurement services, promoting and advocating Procurement engagement and compliance with policies.
  • Monitors procurement system(s), identifies and recommends upgrades and changes.
  • Identify and analyze multiple procurement data sources; develop spend trend analysis and key metrics reporting for various stakeholders.
  • Supports other category management strategies, providing sourcing expertise when needed.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Argo distinguishes itself from competitors by its commitment to corporate responsibility, community engagement, and fostering an inclusive workplace that supports personal and professional growth. The company's goal is to ensure mutual success for its clients while actively participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital transformation in insurance boosts demand for Argo Interactive's mobile services.
  • Parametric insurance products offer Argo innovation opportunities in specialty insurance.
  • AI in underwriting enhances Argo's risk assessment and operational efficiency.

What critics are saying

  • Leadership changes may cause strategic instability post-Brookfield acquisition.
  • Talent drain impacts operations, as seen with departures to competitors.
  • Niche market focus exposes Argo to industry-specific risks and liabilities.

What makes Argo Group unique

  • Argo specializes in niche markets like construction, marine, and energy sectors.
  • The company offers tailored insurance solutions for complex and unique risks.
  • Argo is committed to corporate responsibility and community engagement.

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