27 days old

Category Management Advisor - Financial Services, Work from home

Memphis, TN 38103
  • Job Code
The Category Management Advisor will be accountable for assigned sourcing activities to negotiate contracts and conduct competitive events for the purchase of services to support the Financial Services activity across the enterprise. This will include market analyses, RFI/RFP's, direct supplier negotiations, and assistance with annual Category Plans. The Advisor will leverage industry expertise, structure of related contracts, as well as Cigna Global Procurement processes in order to select the external provider that will meet the needs of Cigna, while optimizing cost and maximizing value.

Primary Duties:

  • Lead medium and large sized strategic sourcing projects and cross-functional project teams
  • Negotiate contract terms and determine contract structure
  • Work with Cigna business partners to determine project requirements and relationship improvement opportunities
  • Develop sourcing strategies for finance related projects to drive cost savings and maximize strategic value to Cigna
  • Build strong partnerships with Cigna business partners and ensure sourcing processes and policies are consistently followed
  • Keep up to date on finance related industries, suppliers, and sourcing best practices to define alternative supplier relationship structures and pricing models

Expected Deliverables:

  • Development and negotiation of contracts - including but not limited to pricing, terms and conditions, and SLA/KPI's
  • Drive cost savings and value
  • Effectively facilitate and manage the creation of business requirements for all projects
  • Support the creation and delivery of a finance category plan that will result in improved quality and drive business value

Functional Responsibilities:

  • Negotiate, coordinate, and redline contracts with suppliers
  • Review, revise and/or edit contracts, SLAs, deliverables, Change Orders, and Statements of Work to optimize value and mitigate risk to Cigna
  • Provide analysis and support of business decision making to align with Cigna Corporate Initiatives
  • Drive internal and external adherence to Cigna's sourcing policies and processes
  • Establish role as a valued business advisor to business partners
  • Function as a valued member of the Global Procurement team


  • BA/BS in Business, Finance, Supply Chain Management, Procurement/Sourcing, Project Management, or related field
  • 3-5 years Strategic Sourcing project experience and/or Finance related experience
  • Experience using Procurement software, preferably Ariba
  • Strong negotiation and listening skills
  • Excellent verbal and written communication skills
  • Excellent project management skills
  • Strong customer service experience in dealing with internal business partners
  • Efficient in MS Office (Excel, Word, PowerPoint )
  • Strong time management skills; highly organized and detailed oriented
  • Strong analytical, cross-functional communication skills, teamwork and interpersonal skills
  • Knowledge of procurement principles, theories and processes
  • Strong communication, facilitation, and leadership skills with a proven ability to lead influence and motivate others
  • Cross-functional business team environment experience with an ability to foster working relationships across internal departments

For this position, we anticipate offering an annual salary of $81,800 - $136,400, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

Helping our customers achieve healthier, more secure lives is at the heart of what we do. While you take care of our customers, we'll take care of you through a comprehensive benefits program that helps you be at your best. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and best in class well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and dozens of corporate discounts on essentials you use every day. For more details on our employee benefits programs, please visit the "Life at Cigna" tab on our careersite: www.cigna.com/careers

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you'll enjoy meaningful career experiences that enrich people's lives. What difference will you make?

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

Posted: 2022-04-23 Expires: 2022-05-22
Sponsored by:
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Sponsored by:
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Category Management Advisor - Financial Services, Work from home

Memphis, TN 38103

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