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Category & Sourcing Management Senior Consultant I

Allstate Insurance Company Pune, India
Posted 16 hours ago Permanent Competitive

Category & Sourcing Management Senior Consultant I

Allstate Insurance Company Pune, India
Category & Sourcing Management Senior Consultant I
At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description
The Category & Sourcing Management Senior Consultant I is accountable for supporting category strategy development and execution, while primarily accountable for managing a portfolio of sourcing initiatives with medium spend thresholds and complexity, focusing on quality, cost, delivery, risk, sustainability, and diversity. This role requires collaboration with internal stakeholders to align strategies with business objectives and market conditions, challenge and rationalize requirements, including demand and specifications, researching and analyze market and business insights to provide actionable recommendations that drive value creation. The Senior Consultant I will work occasionally with experienced colleagues to mature practitioner skills to evolve from employing knowledge (application) to purposeful use of knowledge (proficiency).

Key Responsibilities

• Partner with Enterprise Risk & Return Management and Supplier Management to ensure risk management and supplier performance management practices, ongoing monitoring, and issue resolution, including supplier on-boarding/off-boarding, are incorporated.

• Build and maintain strategic relationships with internal stakeholders and suppliers, where appropriate, to maximize value for the company.

• Uphold a competent understanding of contracting and the legal environment to ensure compliance and effectiveness.

• Display competency in procurement technology platforms (e-sourcing, spend analysis, contract management) required to enhance efficiency and optimize processes.

• Collaborate with internal stakeholders to develop and implement sourcing strategies that maximize value for Allstate that are aligned to market conditions and stakeholder's rationalized requirements.

• Collaborate with internal stakeholders to develop clear scopes of work and contract metrics (e.g., KPIs, SLAs) for effective negotiations and related contractual outcomes.

• Develop negotiation strategies with stakeholders and ensure stakeholder alignment, effectively influencing decisions at all levels as required.

• Employ contemporary commercial contracting practices with competency in negotiating favorable contract terms in partnership with Allstate Legal, when deemed appropriate.

• Support the development and execution of enterprise category and/or supplier strategies that align with business product/technology goals and incorporate relevant market intelligence.

• Collect and analyze internal and external category data to support data-driven decision making, translating market research competitive insights into high-quality, high-impact procurement solutions.

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 3 or more years of experience (Preferred)

Supervisory Responsibilities

• This job does not have supervisory duties.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Primary Skills
Contract Agreements, Negotiation, Procurement, Strategy Execution, Supplier Performance Management (PM)

Shift Time
Shift B (India)

Recruiter Info
Yateesh B G

ybgaa@allstate.com

About Allstate

Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact.

The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization's business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.

Learn more about Allstate India here.
Job ID  R35113
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