Full-Time

Technology Supplier Manager

Confirmed live in the last 24 hours

Geico

Geico

10,001+ employees

Direct-to-consumer auto and home insurance provider

Financial Services

Compensation Overview

$76k - $126kAnnually

Mid

No H1B Sponsorship

Chicago, IL, USA + 2 more

More locations: Union City, NJ, USA | Bethesda, MD, USA

Category
Procurement & Sourcing
Quality Control & Compliance
Operations & Logistics
Requirements
  • A bachelor’s degree
  • 2-4 years of experience in the technology business sector
  • Strong problem-solving, critical thinking, and analytical skills
  • Strong multi-tasking skills
  • Proven track record of identifying and implementing improvements to business processes
  • Experience negotiating software licensing, technology hardware, and technology professional services
  • Experience with ensuring suppliers meet customer requirements during the negotiation process
  • Excellent communication and time management skills; able to communicate contract issues to diverse audiences
  • Provide problem-solving and innovative ideas to support internal customers.
  • Demonstrated ability to negotiate with vendors to more effectively position GEICO to receive the best value proposals for the corporation
Responsibilities
  • The candidate must navigate these technology supplier relationships, purchases, and contracts.
  • Coordinate, communicate, and work closely with technology experts, and contract owners to align goals to enterprise-wide initiatives and ensure good outcomes for all engagements.
  • Identify value-generating opportunities (e.g., leverage, savings, efficiencies, or revenue growth) within supplier engagements, licensing models, or services.
  • Comfortable Managing technology supplier relationships
  • Lead contract negotiations in alignment with Geico contract processes, policies, and procedures
  • Monitor and ensure successful delivery against third-party contractual obligations, including SLA management, True-ups, notification windows, etc.
  • Lead execution of policy requirements for managed third-party relationships
  • Plan and lead periodic risk reviews and assessments of supplier relationships

GEICO provides a range of insurance products, with a primary focus on auto insurance. The company sells policies directly to consumers, which allows them to offer lower rates by eliminating intermediaries like brokers. Customers can obtain quotes, manage their policies, and file claims through GEICO's user-friendly website. In addition to auto insurance, GEICO also covers motorcycles, ATVs, RVs, as well as home and renters insurance. What sets GEICO apart from its competitors is its strong online presence and memorable advertising campaigns that enhance brand recognition and customer loyalty. The company's goal is to simplify the insurance process for its customers while providing competitive rates and comprehensive coverage options.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Tulsa, Oklahoma

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • GEICO's strong financial performance, as evidenced by its recent $1.78 billion profit in Q2, indicates robust business health and growth potential.
  • The company's new fan engagement platform with MLB could enhance brand visibility and customer engagement.
  • Recognition of military service members through awards highlights GEICO's commitment to community and social responsibility, potentially attracting a loyal customer base.

What critics are saying

  • Allegations of discriminatory practices and ongoing legal challenges could damage GEICO's reputation and lead to financial penalties.
  • The competitive landscape in the insurance industry, with strong players like State Farm and Progressive, requires continuous innovation to maintain market share.

What makes Geico unique

  • GEICO's direct-to-consumer model allows it to offer competitive rates by eliminating intermediaries, unlike many traditional insurance companies.
  • The company's extensive online presence and user-friendly website provide a seamless customer experience for managing policies and filing claims, setting it apart from competitors.
  • GEICO's memorable advertising campaigns have significantly boosted brand recognition and customer loyalty, a competitive edge in the crowded insurance market.

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