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Full-time Domestic Sourcing Specialist II

at Chubb Insurance in New Jersey

For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.

Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 27 countries staffed by 10,400 employees. The Chubb Corporation reported $48 billion in assets and $13.2 billion in revenues in 2008. According to Fortune magazine, Chubb is the 203rd largest U.S.-based corporation. The magazine also includes Chubb in its list of “America’s Most Admired Companies.” Forbes listed Chubb as one of America’s 400 Best Big Companies.

Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.

Currently, Chubb is seeking a Domestic Sourcing Specialist II for the Warren, NJ office.

This position is responsible for the sourcing and acquisition of complex and or high dollar domestic third party arrangements and works as a business unit liaison, the assigned primary point of contact for a business area. This position will also work with the business units to assist in optimizing the alignment between the business priorities and strategic sourcing opportunities.

•Responsible for facilitating the acquisition of domestic goods and services for one or more expense categories.
•Acts as primary liaison between the assigned business area and the GSS department and assures alignment of business area needs and strategic sourcing opportunities
•Manage workflow and demand for their business unit.
•Responsible for communicating Global Strategic Sourcing’s policies and procedures.
•Responsible for developing and leading cross functional project teams through sourcing of identified sourcing initiatives in their expense category(ies).
•Develops and maintains a portfolio of "best in class" suppliers and assesses supplier market for assigned category(ies)
•Identifies sourcing and other savings opportunities within their expense category(ies)
•Manages the competitive bidding process for identified opportunities
•Defines negotiation strategy; leads/conducts negotiations; and oversees contract development to its completion
•Works with Analytics and Compliance in developing, monitoring, tracking and reporting supplier performance and sourcing savings for their category(ies) of spend.
•Works with Outsourcing Supplier Managers in sourcing strategic opportunities within the DSS’ owned category(ies) where an outsourced supplier arrangement is involved
•Works with General Counsel as needed to manage contract documentation (MSAs, NDAs, SOWs, etc.) for all supplier related work.

•Must have strong organizational skills
•Must be detail and multi-task oriented
•Experience in analyzing professional services and software licensing cost desired
•Experience in sourcing professional services and software licensing cost desired
•Excellent verbal and written communication skills
•Must demonstrate self-initiative
•Experience with contract law or administration
•Must have strong project management, consulting, financial analysis and negotiation skills
•Skilled in workflow management
•Global sourcing experience desired
•Must be proficient in standard technologies (Word, PowerPoint, Excel, etc.)
•Experience in use of sourcing software and solutions (eg. Ariba) preferred

Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by DiversityInc magazine, one of America’s most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.

Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at

All interested applicants must apply online at Reference Requisition number 7649.

Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.

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Published on May 07, 2010
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