Corebridge Financial

Compensation

Full Description

Who We Are At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. Who we are Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement, and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees. Summary of role We are looking for an experienced Sourcing Manager with a proven background in Market Data or related field across a global supply chain. This role leads all aspects of sourcing process, from vendor due diligence, RFx, negotiations, contracting and participation in related vendor management activities across multiple Lines of Business. Responsibilities Accountable for competitively bidding, negotiating price and related business terms and relaying said terms into logical and meaningful contracts that are in compliance with the policies, procedures and contracting principles. Provide key negotiation and pricing advice to assigned Lines of Business on each transaction with an emphasis on delivering bottom-line financial savings and/or risk minimization. Effectively manage complex projects including LOB expectations, leadership involvement, internal/ external communications, deliverable(s) timing, and executive reporting. Operate effectively at all levels and across matrixed environments, both internally and externally, including with CXOs. Partner closely with our internal legal, risk and finance teams towards the successful completion of integrate negotiations and initiatives. Partner closely with key business stakeholders. Develop and share category-specific operational measurements. Respond to requests in a timely manner. Maintain necessary sourcing system data, metrics, and spend/savings analytics in support of departmental reporting and policy and procedure requirements. Ensure consistency in supplier engagements. Carry out all supplier due diligence as required. Work closely with regional teams and clients on local, regional, and sometimes global project activities. Continually develop subject matter expertise. Remain current on competition, category trends and industry practices. Actively participate in/lead Sourcing & Procurement initiatives that drive the continuous improvement of the Sourcing function at Corebridge Demonstrate understanding of the client’s business, objectives, and constraints when addressing their needs. Respond to clients with the appropriate sense of urgency and importance. Build effective and trusted relationships with internal clients and vendors High energy and enthusiasm required to contribute to and help shape an evolving Corebridge Sourcing & Procurement organization. Capable of exercising forceful yet sensible project management techniques. Incorporate different perspectives and experiences of clients and colleagues to generate better ideas, solve problems and improve performance. Affable, with a high tolerance for ambiguity. Collaborating with Supplier Diversity teams. Achieve cost reduction/savings target What we are looking for 5+ years sourcing experience 5+ years of experience in Market Data and/or related field Strong analytical and problem-solving skills Strong entrepreneurial, interpersonal and team skills. Demonstrated ability to work independently and in teams to deliver results Excellent communication, writing, facilitation, collaboration, and interpersonal skills. Develop reporting to track the progress of the initiatives Excellent experience with Ariba, Fieldglass, and MS Office products. Must be able to function in a fast-paced environment with minimal supervision. Must be able to work with Global Cross-Functional teams and operate in a Flexible work schedule. Bachelor’s degree in business, Supply Chain, or equivalent field. Why Corebridge? At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive. Benefit Offerings Include: Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being. Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately. Employee Assistance Program: Confidential counseling services and resources are available to all employees. Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000. Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work. Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it. Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy. We are an Equal Opportunity Employer Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives. Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law. We will consider for employment qualified applicants with criminal histories, consistent with applicable law. To learn more please visit: www.corebridgefinancial.com Functional Area: CL - Claims Estimated Travel Percentage (%): Up to 25% Relocation Provided: No American General Life Insurance Company Thank you for your interest in careers at Corebridge Financial and for creating a user account on our Careers site. This page will allow you to check the status of your application(s), update your contact information, and receive important updates and materials related to your application(s). Corebridge Financial makes it possible for more people to take action in their financial lives. Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit www.corebridgefinancial.com. Thank you for your interest in joining our team.