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Mercury Insurance logo

Strategic Sourcing Specialist II Indirect Procurement

Mercury Insurance
Posted 9 hours ago
🇺🇸United States🏠Remote💰$63.4K–$117.3K📁Operations & Admin
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Overview Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2026! Position Summary: The Strategic Sourcing Specialist II independently leads sourcing initiatives supports the end-to-end indirect procurement lifecycle for assigned spend categories and sourcing events. This position helps business units identify requirements, develop sourcing approaches, conduct competitive bidding, evaluate suppliers, support contract review, and coordinate award and supplier onboarding activities. This position handles more complex negotiations, supplier strategy and cross-functional initiatives. The role is expected to operate within Mercury procurement policies, governance standards, and approved workflows while helping improve value, service, compliance, and cycle time across indirect spend categories. This position contributes to category discipline, process improvement, mentoring and strong business partnership. Mercury’s current procurement roadmap emphasizes standardized RFx processes, expanded Coupa-enabled workflows, supplier tiering, stronger supplier onboarding, and improved KPI reporting across categories such as IT, facilities, professional services, advertising, mobility, Claims and underwriting-related services. Geo-Salary Information An in-person interview may be required during the hiring process State specific pay scales for this role are as follows: $63,410 to $117,348 (NJ, NY, WA, HI, AK, MD, CT, RI, MA) $57,646 to $106,680 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME) $51,881 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV) In CA: Typical hiring range is $81,341.00 to $99,417.00 The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location. Responsibilities Essential Job Functions: Independently leads sourcing initiatives and supports sourcing activities for indirect procurement requirements, including intake support, market research, RFIs, RFQs, RFPs, bid administration, evaluation coordination, and recommendation development. Manages and assists internal stakeholders in defining business requirements, scope, service expectations, pricing structure, and supplier evaluation criteria for sourcing events. Coordinate supplier communications during competitive events and help maintain fair, organized, and well-documented sourcing files. Analyze supplier proposals for commercial completeness, pricing competitiveness, business fit, and alignment to stakeholder requirements. Handles complex negotiations, supplier strategy and coordinates across functions. Support negotiation of routine commercial terms, pricing schedules, statements of work, renewals, and amendments under the guidance of Procurement leadership or senior team members. Coordinate with Legal, Finance, Information Security, Risk, and business stakeholders to support contract review and required approvals. Support supplier onboarding and due diligence activities, including collection of required documentation and coordination of risk and compliance reviews. Track sourcing milestones, savings opportunities, supplier status, contract actions, and procurement activity metrics for reporting purposes. Help maintain category and supplier information, sourcing templates, bid records, and procurement documentation. Provide day-to-day support to internal customers on procurement processes, tools, and policy requirements, including Coupa-related workflow support as assigned. Contribute to supplier performance follow-up, issue resolution, and post-award coordination with stakeholders and suppliers. Identify opportunities for process improvement, standardization, and better compliance within the indirect procurement lifecycle. Perform other duties as assigned by Procurement leadership. Regular attendance on a full-time schedule of at least 8 hours per day and 40 hours per week. Qualifications Education: Bachelor’s degree in business, Finance, Supply Chain, Procurement or related field required Preferred: Relevant professional CPSM (Certified Professional in Supply Management) is a plus. Experience: 3-5 years’ experience in procurement, sourcing, supply chain, contract administration, vendor management, or a related business function. Experience with competitive bidding, proposal analysis, contract coordination, and supplier management. Experience supporting indirect procurement or services-based sourcing activities preferred. Preferred: Experience working with procurement systems, contract workflows, or spend reporting tools preferred. Knowledge and Skills: Foundational Experience supporting multiple commodities/categories such as professional services, IT, facilities, office services, advertising, mobility, or other indirect spend areas aligned to Mercury’s category model. Experience with supplier segmentation, sourcing templates, procurement policy enforcement, or KPI/dashboard reporting. Foundational knowledge of sourcing, contracting, supplier evaluation, supplier relationship management and procurement compliance practices. Ability to organize and manage multiple sourcing events and deadlines in a structured environment. Strong analytical skills with the ability to review supplier proposals, compare pricing, and summarize findings clearly. Effective written and verbal communication skills with the ability to work professionally with internal stakeholders and suppliers. Ability to build collaborative working relationships across Procurement, Legal, Finance, IT, and business teams. Working knowledge of Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook. Familiarity with procurement systems such as Coupa or comparable source-to-pay platforms preferred. Sound judgment, attention to detail, and a proactive approach to issue resolution. Spend Analysis and Reporting: Analyze procurement and spend data to identify sourcing opportunities. Support category management initiatives. Track savings, cost avoidance, and sourcing project outcomes. Develop reports and presentations for leadership review. Identify trends, risks, and supplier concentration issues. Analytical Skills Ability to analyze pricing and cost structures. Strong quantitative and analytical capabilities. Ability to identify trends and savings opportunities. Financial and business analysis skills. Data interpretation and reporting skills. Technology Skills - Strong Experience with: Microsoft Excel Microsoft PowerPoint Microsoft Word Strong understanding of Procurement and sourcing systems including: Coupa Jaggaer Ariba Additional skills: AI tools Data visualization tools Spend analytics tools Contract management systems About the Company Why choose a career at Mercury? At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it. Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life. We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals. Learn more about us here: https://www.mercuryinsurance.com/about/careers #LI-NW1 Perks and Benefits We offer many great benefits, including: Competitive compensation Flexibility to work from anywhere in the United States for most positions Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours) Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus) Medical, dental, vision, life, and pet insurance 401 (k) retirement savings plan with company match Engaging work environment Promotional opportunities Education assistance Professional and personal development opportunities Company recognition program Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law. Pay Range USD $63,410.00 - USD $117,348.00 /Yr.

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