Strategic Sourcing and Vendor Management Analyst - ...

OverviewThis position is open to remote candidates with quarterly or monthly travel to headquarters located in Johnston, RI dependent on business needs. Must be willing to work Eastern Time. FM Global is a leading property insurer of the world''s largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles. ResponsibilitiesThe Lead Business Analyst for Technology Sourcing and Vendor Management serves as a lead purchasing specialist. They are responsible for the acquisition of Information Technology and the management of contracts and agreements related to hardware and software for FM Global.They lead the collection, evaluation, understanding, and communication of business requirements involved in such acquisitions. In addition, manage significant projects associated with procurement and vendor management efforts. This position focuses on the content of contracts, financials, and negotiations associated with the acquisition and renewal of IT assets and maintenance contracts. This role is also responsible for supporting and enhancing internal purchasing processes, as well as helping to establish a new vendor management process. Additionally, they mentor and provide guidance to more junior and less experienced members of the group. This role works within the Strategy and Business Enablement organization, and other business units, to help identify appropriate levels of support and maintenance for FM Global''s Information Technology platforms. Additionally, leads negotiations with vendors to obtain favorable contractual terms and acceptable levels of service. They work with Finance, Information Security and Legal to ensure appropriateness and all procurement decisions. The individual in this role supports IT and Product leaders in efforts to identify, source, and acquire information technology assets, supplies, and services. These will meet specified needs and conform to FM Global''s IT architecture standards. They also work with these leaders to provide information and recommendations relative to IT expenditures for budgeting purposes, as well as approved standards for the equipment, software, services, and appropriate vendor sources. They work with appropriate technical groups to provide input relative to procurement in the establishment of technology standards. They strategically handle purchase and renewal activities associated with large scale contracts. These typically vary in size/scope, could be hundreds of thousands into the millions of dollars. This role will help to identify and implement improvements to the procurement process, and also to define and implement a new vendor management program and associated processes. This includes, but is not limited to, reviewing KPIs (Key Performance Indicators) and SLAs (Service Level Agreements) with current suppliers, creating vendor scorecards, collecting feedback from internal stakeholders on 3rd party performance, and running business reviews with the preferred supplier base and creates the corresponding portfolio documents which will be reviewed during those meetings. Qualifications3+ years of experience of contract review, negotiation and end to end strategic sourcing. Demonstrable ability to multi-task and establish priorities. Solid interpersonal, oral/written communication and organizational skills. Able to provide direction to others and influence decisions made. Education Bachelor''s degree in related in accounting, finance, business, computer science and/or technology preferred! We offer our employees a wide range of benefits including career long learning opportunities, tuition reimbursement, 401 (k), pension, flexible schedules, rich health and well-being programs, generous time off allowances, volunteer days and so much more! FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce. Please note that all FM Global visitors, including external candidates interviewing for open positions will be required to be vaccinated and should be prepared to provide proof of vaccination. LI-NL1

Created: 2025-11-15