Job Information
Humana Lead Category Manager - Insurance Services in Madison, Wisconsin
Become a part of our caring community and help us put health first
The Senior Category Manager will report directly into the Associate Director of Category Management and will lead the development of category strategies, design sourcing plans, oversee negotiations, implement contracts, and drive successful supplier relationships. This leader is also responsible for ensuring strong alignment with, and becoming a trusted advisor to, key functional leaders. This leader will also partner with business and sourcing leadership in Humana’s business segments to drive enterprise-wide value.
Key Responsibilities/Accountabilities
Lead the development of category strategies based on sourcing profession best practices, including supply market analyses, Porter’s Five Forces, should-cost models, process and domain expertise
Develop risk- and probability-adjusted multi-year savings forecasts and annual savings goals
Leverage internal and external resources, as part of the operating model, to deliver results in the most effective and efficient way
Oversee analysis of qualitative and quantitative supplier characteristics, including supplier capabilities, supplier goals and objectives, risk profile, and supplier's financial position for requisite categories
Implement a supplier segmentation program that differentiates the sourcing/management model for different supply categories and suppliers
Develop multi-year sourcing pipelines that drive total value, including cost savings and supplier innovation for Humana
Work collaboratively with the Continuous Improvement team for multi-business unit project implementations
Drive corporate compliance to the preferred-supplier program via end-user change management and communications programs
Oversee staff who manage day-to-day operational support for select programs and categories
Work closely with Procurement Operations and Corporate Payables to ensure a seamless end-to-end experience for associates
Develop and implement leading sourcing practices for environmental sustainability and supplier code of conduct
Mitigate legal and commercial risk for Humana
Use your skills to make an impact
Required Qualifications
5 years of relevant procurement and/or leadership experience.
Strong contract management and negotiation experience.
Strong relationship management with the ability to build strong relationships with key stakeholders
Strong analytical, financial, and business acumen.
Experience in creating comprehensive supplier performance analysis encompassing opportunities, risks, and cost structures.
Flexible in accommodating ongoing and evolving Procurement processes.
Proficient in Microsoft products (i.e. Word, Excel, Visio, Powerpoint, etc.)
Preferred Qualifications
4-year degree in related field, preferably in a business or technical discipline.
Experience with procurement analytical spend tools such as Power BI
Additional Information
Must be able to accommodate work in Eastern or Central Time Zone business hours.
Travel to Louisville, KY as business needs dictate
Scheduled Weekly Hours
40
Pay Range
The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
$104,000 - $143,000 per year
This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.
Description of Benefits
Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.
About us
Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.
Equal Opportunity Employer
It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or veteran status. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.
Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our https://www.humana.com/legal/accessibility-resources?source=Humana_Website.