Procurement Contract Specialist - Technology

The Strategic Sourcing and Procurement function, which reports into the Business Technology organization, is seeking an experienced Strategic Sourcing Specialist to join the team. In this role, you will primarily focus on supporting purchases within the Technology category team, collaborating with various business functions and regions. As a Procurement Contract Specialist - Technology (External Title) or Strategic Sourcing Specialist - Technology (Internal), you will be based in Bengaluru (Onsite) and report to the Technology Category Manager. Your responsibilities will include managing, reviewing, and negotiating a portfolio of contracts, particularly in the software domain, to drive savings and mitigate contractual risks. You will also assist with professional/consulting services and contingent labor contracts, applying strategic sourcing best practices and category insights to negotiate and execute contracts effectively. Ensuring compliance with company standards using standard contracting templates and language will be a key part of your role. Building and nurturing relationships with business requesters and stakeholders from various functions and regions will be crucial. You will provide input to and execute the category strategy and plans, identifying opportunities for cost reduction, cost avoidance, and supplier-driven value creation. Managing supplier relationships and risks, conducting sourcing events (RFXs), and supporting local and regional procurement requests while collaborating with category managers and stakeholders globally are also part of your responsibilities. Additionally, you will contribute to Procurement team projects and improvement initiatives. The ideal candidate for this role is data-driven, utilizing analytics and metrics to make informed decisions and take appropriate actions. A critical problem solver who consistently looks for opportunities for improvement in all aspects of their work. Guidewire is a trusted platform for P&C insurers to engage, innovate, and grow efficiently. Combining digital, core, analytics, and AI, Guidewire delivers its platform as a cloud service. With over 540 insurers in 40 countries relying on Guidewire, the company supports ventures of all sizes, from new startups to the largest and most complex insurers globally. As a partner to its customers, Guidewire continuously evolves to ensure their success. Guidewire boasts an impeccable implementation track record with over 1600 successful projects, backed by the industry's largest R&D team and partner ecosystem. Guidewire's Marketplace offers numerous applications that facilitate integration, localization, and innovation. For more information about Guidewire, please visit www.guidewire.com and follow them on Twitter: @Guidewire_PandC.,