Associate Director - Strategic Sourcing

Marsh McLennan is seeking candidates for its GSP team based in Pune location

GSP Ops – Associate Director - Strategic Sourcing (Indirect)

Location: Pune India

What can you expect?

• Work with Senior Business/Sourcing Lead, Category Managers and Directors and GSP Leads
• An energizing culture to work in and exposure to tools and best practices.
• Working with an energetic curious team of multi-disciplinary professionals
• Opportunity to contribute to Operational outcomes and make an impact.

What is in it for you?

Discover what's great about working at Marsh and McLennan Companies – from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you’ll receive. We are four businesses with one PURPOSE: helping companies meet the challenges of our time.

As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organization. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe, which is dedicated to helping business/operation leaders manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.

Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right.

Overview: We are seeking a dynamic and innovative Associate Director of Global Indirect Sourcing to join our team. This role will collaborate closely with the Senior Business/Sourcing Lead, Category Managers, Directors, and Global Sourcing Partners (GSP) Leads to achieve targeted savings annually.

Key Responsibilities:

• Sourcing Strategy Development: Work with Category Managers and regional business leaders to identify and capitalize on sourcing opportunities that align with business objectives.
• Vendor Negotiations: Lead vendor negotiations and contract management to secure favorable terms and conditions.
• Team management: Manage and mentor a centralized sourcing team to ensure successful execution of sourcing initiatives.
• Sourcing Events Management: Utilize tools such as Scout to facilitate and run sourcing events effectively.
• Analytical Skills: Employ strong analytical skills to identify savings opportunities and assess sourcing strategies.
• Innovative Solutions: Develop and implement innovative approaches to achieve cost savings and improve sourcing processes.
• Lifecycle Management: Independently manage the entire sourcing lifecycle from opportunity identification to contract execution.
• Relationship Building: Build and maintain strong relationships with country business leads to understand their needs and drive down Total Cost of Ownership (TCO).

Qualifications

• Proven experience in indirect sourcing or procurement, with a track record of delivering significant savings.
• Strong negotiation and contract management skills.
• Excellent analytical and problem-solving abilities.
• Ability to work collaboratively in a team environment and lead cross-functional initiatives.
• Experience with sourcing tools and technologies, particularly Scout.
• Strong communication and interpersonal skills.
• Commitment to diversity and inclusion; preference for female or diverse candidates

What you need to have:

• 12-15+ Years of experience in Sourcing and Category management
• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Preferred Qualified MBA Procurement Specialist

What makes you stand out?

• Strong understanding of the Procure to pay process in captive environment.
• Good analytical skills
• Excellent client relationship skills
• Data driven action orientation, with strong reporting, data analysis, presentation skills, and organizational abilities
• Knowledge of project and program management desirable
• Negotiation and communication skills are mandatory
• Performance management skill

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman . With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com , or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.