We’re hiring a Director of Procurement in Columbus, OH

The Role
As Root continues to grow rapidly in people, functional areas, and lines of business, our Finance Team is seeking an experienced Director of Procurement to help us scale our procurement operations. This person will lead the development and execution of a procurement function focused heavily on software and data-oriented products through tight collaboration with our Finance and Legal teams, as well as a variety of internal business partners. This Director will leverage their negotiation and relationship management skills to positively impact Root’s external vendor relationships while achieving favorable outcomes for the business. It’s an exciting time for us and this is a unique opportunity to build out a procurement function from the ground up that will set Root up for success. The best person for the role will be someone who lives for building processes and frameworks that scale, and has a passion for continuous innovation in the space.

What you'll do.

  • Create an integrated procurement function based on strong collaboration among FP&A, Legal and internal business partners to drive results and influence change
  • Understand key priorities by listening to internal customers and proactively create value through appropriate sourcing events (RFP/RFI) while ensuring alignment with strategic objectives
  • Develop tools and process to evaluate and monitor third-party risk
  • Oversees the development, planning and execution of vendor management strategies
  • Collaborates with the business to establish a vendor management framework, including optimizing for vendor performance
  • Implements a framework outlining contract process, type, reviews, authorization levels and approval process
  • Partners with business units to manage and optimize vendor contract pricing and relationships
  • Proactively identifies vendor opportunities and makes recommendations
  • Builds upon our current database of vendor information containing key contract terms for utilization across the company
  • Drives continuous innovation and improvement in procurement programs
  • Tracks and reports key functional metrics to manage vendor expenses and effectiveness in line with business objectives
  • Perform other duties as assigned

What we're looking for.

  • 8+ years of related experience. Experience with Procurement and Supplier transactions with SaaS, software, Infrastructure, IT, Marketing suppliers and/or working in Tech industry in the Procurement function
  • Ability to manage and foster a cross-departmental relationships that includes procurement FP&A, and accounts payable to ensure timely resolution of items in the purchase-to-pay process
  • Serve as the subject matter expert and drive efficient vendor management processes and systems
  • Strong analytical experience and proficiency in excel and ability to bring intellectual leadership to problem solving; synthesize insights from analysis and ensure credible, actionable recommendations
  • Ability to transform a procurement function from transactional to strategic, driving continuous improvements to process, policy and building the right metrics while effectively serving our business partners
  • Experience implementing Contract Management Systems and deep knowledge of the entire Source to Pay process
  • Bachelor’s degree with analytical focus and/or procurement, supply chain, program management and/or relevant certifications

Get in touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now
About Root: With a vision of completely transforming the insurance industry, Root Insurance was founded in 2015 on the principle that auto insurance rates should be based primarily on driving behaviors, not demographics. Today, Root takes a commanding lead in revolutionizing this outdated industry, using mobile technology and data science to offer personalized, fair rates to good drivers all through an easy-to-use app experience. In 2020, the company extended to additional lines of insurance, including renters and homeowners, and launched Root Enterprise, a platform that uses telematics to improve the way commercial companies assess and manage risk. Root Insurance is the largest property casualty InsurTech in the country with four offices across the U.S. and more than 900 employees.  

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If you’d like to be a part of what we are building but don’t see an opening that suits you, email us at jobs@joinroot.com.