Job Family

Procurement

About Us

At Transamerica, hard work, innovative thinking , and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of A egon , an integrated, diversified, international financial services group . The A egon companies employ over 2 1,500 people and have approximately 31.7 million customers . * For more information, visit   www.transamerica.com .

Who We Are

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products , including mutual funds, annuities, stable value solutions, as well as investment management services.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

Job Description Summary

Operates independently while ensuring procurement is executed in accordance with the established procurement governance framework and divisional objectives. Partners with Senior Strategic Procurement Advisor or Lead Strategic Procurement Advisor to provide end to end category procurement, commodity sourcing and supplier management support. This includes assess supplier capabilities, sourcing opportunities and provide new supplier implementation support.

Job Description

Responsibilities:

• Works independently to execute category, commodity or supplier specific sourcing strategies for medium complexity transactions and drive this across functional organizations and business units to affect policies, processes and procedures having an impact on revenue and profitability.

• Create workspaces in Ariba Contracts Workbench.

• Access electronic and paper contract files to determine existence and applicability of a current contract.

• Creates and administers supplier request for proposals (RFPs).

• Conducts benchmarking to ensure proposed supplier solutions are competitive to the market.

• Performs market research to understand and document competitive supplier landscape and service capabilities.

• Ensures project milestones are met and benefits delivered; Resolves supplier issues that arise during implementations, acting as a liaison with Project and Divisional Management.

• Escalates issues as needed to Senior Management; Provides transition support for exiting existing supplier relationships.

• Participates on local or global cross-functional teams to assist the with analyzing procurement spend trends using data derived from available spend data, with the evaluation of sourcing opportunities, with pre-award and post-award procurement activities, such as volume reporting and evaluation of RFP responses, and with reporting and analysis used to develop and implement the selected the supplier.

• Perform program management activities for procurement-owned programs, as applicable to the commodity area. Duties include but are not limited to: managing catalogs, processing non-catalog requisitions, researching new suppliers, short-form agreements, renewals, and identifying cost-save opportunities within managed programs.

Qualifications:

• Bachelor’s degree in business administration, operations management, or other directly applicable field or equivalent education/experience.

• At least 2 years of experience in category procurement, strategic sourcing, supplier management and contract management.

• Experience with the supplier identification, selection and negotiation process.

• Knowledge of supplier management best practices and industry trends.

• Exceptional written, interpersonal and verbal communication skills requiring a balance of assertiveness, tact and diplomacy; demonstrated ability to lead difficult conversations and collaborate, facilitate, and achieve consensus amongst key stakeholders.

• Ability to work effectively and cultivate strong relationships across all levels of the organization and with external parties.

• Ability to work with teams across geographically dispersed locations.

• Ability to effectively manage ambiguous situations and drive towards clarification.

• Demonstrated ability to influence others and drive change.

• Proven analytical and problem-solving skills, with a keen attention to detail.

• Ability to succeed under pressure, set priorities, and meet deadlines in a rapid-paced environment.

• Self-motivated with a positive attitude.

• Strong business acumen and demonstrated ability to put strategic plans into operation.

• Proven ability to manage multiple projects and support activities within a single job function.

Preferred Qualifications:

• Global perspective and experience working with diverse customers and suppliers.

• Experience in a shared services environment.

• Experience in the financial services industry.

• Experience managing suppliers with global product/service provisioning models.

• Experience across multi-functional business processes.

• Experience working with various electronic procurement tools.

Working Conditions:

• Non-commuting Remote employees will not be assigned to report to a Company office location (although they may need to travel to a Company office upon request) and will perform their work remotely

• Minimal domestic travel may be required.

  *Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations. *

  The Salary for this position generally ranges between $64,000 - $80,000 annually . This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

  Additionally, t his position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company d iscretion.

  What We Offer

  For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees .

  Compensation Benefits

• Competitive Pay

• Bonus for Eligible Em ployees

  Benefits Package

• Pension Plan

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

  Health and Work/Life Balance Benefits

• Paid Time Off starting at 160 hours annually for employees in their first year of service.

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of s ervice at the time of birth, placement of an adopted child, or placement of a foster care child.

• Adoption Assistance

• Employee Assistance Program

• College Coach Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

• Peer Recognition Program (BRAVO)

  • As of December 31, 2022

  Inclusion & Diversity 

   

  We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads , and Top 75 Companies for Executive Women.

   

  To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company - sponsor ed, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees . They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

    

  Giving Back 

   

  We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, th e foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

   

  https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation  

   

  Transamerica’s Parent Company 

  Aegon (http://www.aegon.com/) acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.  

  At Transamerica, hard work, innovative thinking , and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

  Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

     

  Transamerica is a part of A egon , an integrated, diversified, international financial services group . The A egon companies employ over 2 1,500 people and have approximately 31.7 million customers . * For more information, visit   www.transamerica.com .

  • As of December 31, 2022

For more information about Transamerica’s privacy practices, click here. (https://transamerica.com/sites/default/files/files/e070d/job_app_0123.pdf)