Senior Supplier Relationship Specialist

Waterloo, ON, Canada

Job Description


You are as unique as your background, experience and point of view. Here, youxe2x80x99ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.:The Senior Supplier Relations Specialist is responsible for supporting contract renewals, editing contracts, drafting Service Level Agreements, supporting contract drafting, managing the supplier base and supporting governance activities including scorecards, data collection, analysis and acting as a liaison between Sun Life business units and suppliers. In addition to being an excellent communicator, the incumbent has strong analytical skills in analyzing contract pricing, service levels and in-depth knowledge of procurement regulations, contract agreements and legal terminology and is comfortable working in a dynamic, fast-paced environment with competing priorities.What will you do?Create and communicate concise and consistent contract provisions, align contract terms with legal requirements and policies, ensure contracts attain achievable risk levels and suggest changes where neededCoordinate and summarize competitive analysis, spend analysis, KPIs and operational reportsBuild familiarity with contract terms, payment structure and reimbursementsAssist the monthly finance reconciliation that outlines the variances between actual and plan expensesSupport service provider escalations, audits and reports.Create contract status reports and create descriptions on aging contractsManage and analyze high tier suppliers delivery of services, cross reference with contract, track and report accordinglySupport team projects related to suppliers and contracts as neededConsult on efficiency improvements and best practices in supplier relationship management and cross-functional processesHandle pressure with grace and persuade parties in full fairness of Sun Lifexe2x80x99s positionWhat to you need to succeed?University degree in accounting, business, finance or data analysisExperience with sourcing, benchmarking activities, competitive analysis and market researchIn process of obtaining Certified Supply Chain Professional (CSCP) designationFamiliarity with supplier selection and performance management practicesFamiliarity with insurance industry practicesExposure to Lean and Six Sigma methodologyExperience with identifying and analyzing key performance indicatorsSupply chain, procurement or vendor management experienceStrong contract and relationship management skills, with industry knowledge of best practices for sourcing and contractingProficiency in Excel, PowerPoint, Tableau, SAP Ariba and/or other enterprise resources planning systems.Negotiation and reasoning skills, with an ability to support and explain reasons for decisions and recommendationsOrganizational and time management skills to handle diverse duties efficiently within a fast-paced, changing environment.Must have Protected B Reliability StatusAs this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwideWhat's in it for you?The opportunity to move along a variety of career paths with amazing networking potentialFlexible Benefits from the day you join to meet the needs of you and your familyWexe2x80x99re committed to creating an inclusive and respectful environment. Our goal is to make sure all our employees have the chance to live up to their full potentialWexe2x80x99re honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Place to Workxc2xae CanadaWe are thrilled to be recognized by Excellence Canada with their top-level certification, the Canada Order of Excellence for Mental Health at Workxc2xae, for prioritizing employee well-being, fostering a positive work culture, and achieving excellence in mental health*LI-MSThe Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to .At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.Salary Range: 54,000/54 000 - 91,000/91 000Job Category: ProcurementPosting End Date: 27/02/2025

Sun Life Financial

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Job Detail

  • Job Id
    JD2372418
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $54000 - 91000 per year
  • Employment Status
    Permanent
  • Job Location
    Waterloo, ON, Canada
  • Education
    Not mentioned