Vice President, Procurement

Reporting directly to the Executive Vice President & Chief Financial Officer, the Vice President of Procurement will lead BCBSMA's enterprise procurement, sourcing and vendor contracting strategy. As BCBSMA continues to transform how we work and deliver, this role will be pivotal in shaping how the enterprise partners with vendors to drive and balance speed, quality and innovation.

This newly created role will serve as a strategic enterprise enabler, ensuring that every dollar spent and every vendor relationship advances our mission - making it easier for our teams to move faster, deliver smarter while continuing to operate with strong discipline. By strengthening our procurement ecosystem, this leader will enable the organization to make more strategic, data-informed decisions and position BCBSMA to achieve its long-term financial, operational and culture goals.

Overseeing a team of 15-20, with an annual spend of ~$400 million across 750 vendors, the VP will drive a best-in-class procurement function that delivers faster execution, stronger vendor relationships, and greater enterprise value - ensuring that sourcing, contracting and vendor oversight are efficient, compliant and strategically aligned with BCBSMA's priorities.

This leader will partner closely with Legal, Enterprise Technology, Risk Management, and Security to balance agility with governance and advance our commitment to operational excellence and enterprise enablement.

Key accountabilities for the role:

• Define and lead the enterprise procurement and vendor management strategy - with emphasis on balancing cost, quality, risk and speed to meet evolving business needs.
• Establish and maintain a consistent vendor management framework to ensure disciplined selection, evaluation and performance monitoring of vendors across the enterprise.
• Oversee all non-provider contracting in close partnership with key business stakeholders to ensure timely, high-quality agreements that protect and enable the organization.
• Collaborate with key business stakeholders (Enterprise Technology, Security, and Finance) partners to ensure sourcing and contracting decisions align with the enterprise strategy and business priorities.
• Streamline procurement processes and leverage technology and AI to Improve cycle time, visibility, and value creation across spend categories.
• Lead, mentor and develop a 15-20-person team, fostering a culture of collaboration, accountability and continuous improvement.

Key Competencies

Strategic procurement leadership: proven ability to design and lead an enterprise-wide procurement and vendor management strategy that aligns to business goals, drives measurable value and enables faster decision-making across the organization.

Operational agility and technology-enablement: proven track record of streamlining and digitizing procurement processes, leveraging automation and AI-enabled Insights to Improve cycle time, transparency and employee experience.

Vendor and risk management excellence: demonstrated success establishing vendor governance frameworks, performance metrics, and disciplined risk management processes that ensure compliance, mitigate exposure and enhance partnership quality

Cross-functional collaboration and influence: strong Interpersonal and communication skills with a track record of Influencing senior executives and cross-functional partners and stakeholders In a matrixed environment.

Team leadership: Inspire and lead teams by connecting daily work to enterprise strategy and goals and committed to fostering a team culture grounded in growth, psychological safety and shared accountability

Personal Characteristics

• Enterprise mindset and commitment to the company’s mission and values
• “Player-coach” mindset – balancing strategic thinking with operational execution
• Solution-oriented and comfortable leading through ambiguity
• Strong interpersonal skills to build healthy, collaborative, and trusting relationships across the company.
• Strong executive presence with excellent communication and interpersonal skills

Education & Qualifications

• 15+ years of experience in procurement, vendor management and sourcing In large, enterprise-wide teams.
• Proven experience driving procurement transformation in complex, regulated, or matrixed environments
• Deep knowledge of sourcing strategies, contract lifecycle management, vendor risk management and spend optimization
• Strong financial acumen and experience managing multi-million-dollar budgets
• Demonstrated ability to partner effectively with senior leaders and Influence enterprise decisions
• Healthcare or insurance experience is strongly preferred
• Commitment to being in the office at least two days a week (offices in Hingham and Back Bay), after successful onboarding with more in-office presence.

Salary Range: $275,000 - $300,000

High school degree or equivalent required unless otherwise noted above

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting.  We may ultimately pay more or less than the posted range, and the range may be modified in the future.  An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note:  No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can  prevent  amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community to stay “in the know” on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.