Category Management Principal

Principal Individual Contributor Role - Enterprise Health & Wellness Category.

This is a Band 5 Principal role reporting into Global Procurement & Third-Party Management (GPTPM) Sr.

Director.

In this role the individual is responsible for, leading direct procurement, sourcing strategy, deal structuring for, complex multifaceted supplier engagements, internal business stakeholder management.

The role will support both Procurement and TPM activities across the Enterprise Health & Wellness Category where such support may be required.

This individual will help lead and or support supplier engagements across the category and help manage business relationships where there is no TPM support.

The role requires developing effective working relationships with senior GPTPM executives, associates at all levels and key internal matrix partners across the Cigna Group organization cross functionally within the procurement category.Ability to work across several different subcategories and help drive complex deal structuring and effective negotiations to land the best outcomes for the business areas.

This resource must have experience in dealing with dynamic requirements that are tied to strategic level business objectives.

To effectively manage the work this resource must have experience with conflict management, strategy structuring, influencing decisions and driving consensus.

Further the role requires the individual to work collaboratively with other team members within the category that are the primary owner for the supplier engagement contracting.

MAJOR ACTIVITIES

Partial list of functions includes, but is not limited to:


* Partner effectively with Category Sourcing peers & Business Partners for optimal results


* Collaboratively lead supplier engagements and drive desired outcomes and complete contracting to the standards set by GPTPM.

Keep all stakeholders informed of deal progress.


* Evaluate market shifts to drive proactive supplier engagement to ensure The Cigna Group businesses are drawing value from the market shifts.


* Engage on evaluate existing relationships and present a point of view on improvement potential, gain consensus and proceed to negotiations with the supplier.


* Effectively communicate procurement practices to business and matrixed organizations to drive the complex deals to closure in a timely fashion.


* Develop the appropriate documentation and consensus on large deal negotiations and drive the negotiations home in a timely fashion.


* Create a roadmap of the upcoming deal renewals and identify potential deals for Band 5 focused negotiation effort, engage the category Band 5 manager and get consensus on the approach for deal renewal and the key roles and responsibilities for self and the team owning the deal in question.


* Coordinate and Facilitate leadership meetings to drive awareness and consensus on deal progression or procurement deal identification.


* Stay connected with the e...