Sr. Sourcing Specialist

Job Posting End Date: August 15

About the Role

As a Sr Sourcing Specialist at Unum, you will be part of our global supply management organization. You will lead sourcing and execution projects, manage supplier relationships, and drive cost reduction initiatives across the enterprise. Your work will ensure proper control and consistent application of best practices in procurement, while collaborating with cross-functional teams to meet business objectives.

Responsibilities

• Lead and participate in cross-functional teams to develop, implement, and execute sourcing strategies for defined categories to reduce costs and mitigate risk.
• Manage and conduct RFX events for low and medium complexity enterprise-wide sourcing projects, including bid analysis, process specifications, and sourcing recommendations.
• Ensure consistent application of sourcing and procurement best practices across the enterprise.
• Develop negotiation strategies, align stakeholders, and lead category-based negotiation teams using methodologies like BATNA.
• Conduct complex analyses, including price/cost, benefit, and financial analysis, with a strong understanding of contract development and evaluation.
• Work closely with business owners and subject matter experts to source new requirements in a timely manner.
• Support and improve supply base development programs, such as supplier diversity, local economic development, and green sustainability initiatives.
• Consult with business partners to create Service Level Agreements (SLAs) to measure and manage supplier performance.
• Manage and track supplier relationships and performance using scorecards and regular feedback cycles.
• Ensure decision-making is supported by technical and functional knowledge of the category, using leading-edge analytical methods.
• Collaborate with legal to ensure contracts follow company policy for review and approval.
• Analyze supplier contracts and recommend appropriate changes.
• Perform prospective supplier assessments, including financial stability and customer reference checks.

Requirements

• Bachelor’s Degree in Business, Supply Chain Management, or equivalent work experience.
• 5-8 years of experience in Procurement, Category Management, Supplier Management, or Sourcing.
• Project Management experience is a plus.
• Strong relationship and communication skills to collaborate with and influence internal and external partners across all levels and geographic markets.
• Proven ability to initiate and maintain stakeholder engagement, with a deep understanding of business category goals.
• Strong negotiation, contracting, communication (verbal & written), influence, and leadership skills.
• Strategic thinking and planning skills, with a track record of delivering tangible results in complex and matrix environments.
• Strong initiative with the ability to set stretch goals and define steps to achieve results.
• Proven skills in developing and implementing sourcing and negotiation strategies.
• Demonstrated negotiation, presentation, and decision-making skills.
• Ability to perform financial analysis (e.g., supplier capital projects, ROI, NPV, make vs. buy, lease vs. buy).
• Advanced PC skills (Excel, PowerPoint, Word, etc.).

Benefits

• Competitive benefits package, including health, vision, and dental insurance.
• Short & Long-Term Disability coverage.
• Generous PTO, including paid time to volunteer.
• Up to 9.5% 401(k) employer contribution (5% match + 4.5% additional contribution regardless of employee contribution).
• Mental health support.
• Career advancement opportunities.
• Student loan repayment options.
• Tuition reimbursement.
• Flexible work environments.
• Performance-based incentive plans.

All benefits are subject to the terms of their individual Plans.

Pay

The base salary range for this position is $63,500.00 - $120,000.00. Actual pay will be based on skill, geographical location, and experience.

About the Company

Unum is a Fortune 500 company and a leading provider of employee benefits to companies worldwide. With 10,000 employees helping over 39 million people globally, Unum is headquartered in Chattanooga, TN, with international offices in Ireland, Poland, and the UK. Significant operations are also located in Portland, ME, and Baton Rouge, LA, plus over 35 US field offices. Colonial Life, part of Unum Group, is headquartered in Columbia, SC, with over 40 field offices nationwide.