Procurement Tech Category Management

Why Join GEICO?

At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.

Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide.

Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.

GEICO’s Procurement is seeking an experienced Technology Supplier Manager to establish effective governance over GEICO’s supplier partnerships.  This role is essential to the successful delivery of key cost, risk, and performance management-related efforts for third-party relationships leveraged by their line of business, in addition to identifying strategic opportunities for growth and/or greater return on investment.  Primary focus will be oversight of GEICO’s highest tiered suppliers based on risk, spend, and complexity.

Key responsibilities include:

• Problem Solving & Strategy Advice: Provide problem-solving and innovative ideas to support internal customers. Identify cost and value opportunities through savings, efficiencies, and speed to market for our most critical suppliers.

• Develop and lead holistic third-party specific strategies throughout the entire relationship lifecycle from sourcing, contracting, and terminations

• Negotiation: Partner to develop the negotiation strategy and execution of high visibility contracting efforts for a broad range of services

• Relationship Management: Serve as a primary point of contact for third parties and manage an effective governance with assigned third parties

• Collaboration: Partner with internal risk groups to ensure third-party relationships are compliant with all relevant policies and procedures, while driving process improvements for sustainability

• Leading RFx strategy and execution to build leverage with GEICO suppliers and deliver more favorable pricing and contract terms

• Accountable for policy adherence for all managed third-party relationships, including the planning and leading of executive business reviews with key suppliers

Required Qualifications:

• At least 5 years of experience in Relationship Management, Supplier Management, Project Management, Process Management, or a combination

• Strong problem solving, critical thinking, and analytical skills aligned to solving business initiatives

• Ability to identify and drive process improvements and efficiencies

• Proven track record of supplier strategy development and execution

• Excellent communication and time management skills; able to communicate contract issues to diverse audiences including executive leadership

• Provide problem-solving and innovative ideas to support internal customers

• Demonstrated ability to negotiate with vendors to more effectively position GEICO to receive the best value proposals for the company

• Experience with supplier management and procurement software solutions

• Experience with SaaS, Ai, PaaS, On Prem and other technology vendor management including contracting and negotiation is an advantage.

Desired Qualifications:

• 4-year degree with Finance, Business Administration, or Supplier Management major

Location: Bethesda, MD or Chicago, IL; this is a hybrid role with a 3 day in office requirement

Annual Salary

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

The GEICO Pledge:

Great Company: Protecting customers through life’s twists and turns with innovation and integrity.

Great Careers:Personalized development programs, mentorship, and certification assistance.

Great Culture:Inclusive and collaborative culture rooted in shared success.

Great Rewards:Competitive pay, benefits, and flexibility to support your well-being and future.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.