Strategic Sourcing Manager - Contingent Labor & Professional Services
Company: Insmed Incorporated
Location: Bridgewater
Posted on: July 10, 2025
|
|
Job Description:
Company Description Insmed is a global biopharmaceutical company
on a mission to transform the lives of patients living with serious
and rare diseases. Our most valuable resource is our employees, and
everything we do is motivated by a patients-first mentality. We are
dedicated to growing our team with talented individuals from around
the world who are willing to challenge the status quo, solve
problems, and work collaboratively with a sense of urgency and
compassion. Guided by our core values of collaboration,
accountability, passion, respect, and integrity, we aim to foster
an inclusive, diverse, and flexible work environment, where our
employees are recognized for leaning in and rolling up their
sleeves. If you share our vision and want to work with the most
dedicated people in the biopharma industry, come to Insmed to
accelerate your career. Recognitions Consistently Ranked Science 's
Top Employer Insmed is dedicated to creating a collaborative
environment where our team can thrive. Every day, our employees
turn their passion for science and research into innovative
solutions for patients. That's why we've been named the No. 1
company to work for in the biopharma industry in Science 's Top
Employers survey for four years in a row. A Certified Great Place
to Work® We believe our company is truly special, and our employees
agree. In July 2024, we became Great Place to Work-certified in the
U.S. for the fourth year in a row. We are also honored to have been
listed on the Best Workplaces in Biopharma™, Best Workplaces in New
York™, PEOPLE® Companies That Care, Best Workplaces for Women™,
Best Workplaces for Millennials™, and Best Medium Workplaces™
lists. Overview The Strategic Sourcing Manager will be responsible
for managing the indirect procurement of the organization's
Contingent Labor and Professional Services (Consulting and Managed
Services) workforce categories and for overseeing the daily
operations, strategy development, sourcing, negotiation and ongoing
governance of our external workforce solutions . This position will
contribute to the organization in the following ways: o
Administration of the Contingent Labor Program: The Strategic
Sourcing Manager will be responsible for overseeing day-to-day
operations of our MSP partner; ensuring requests for new resources
meet Insmed's internal policy and requirements, assisting in the
financial management of open requisitions, and managing any
escalations from the MSP to ensure alignment with HR, Talent
Acquisition and Legal partners. o Strategic Oversight / Supplier
Relationship Management of MSP Provider: The Strategic Sourcing
Manager will partner with and provide strategic oversight of the
MSP provider to develop a roadmap to meet the needs of program
stakeholders, which may include monitoring and increasing
performance metrics, ideating and executing financial savings, and
partnering with internal stakeholders to identify opportunities for
supplier additions and rationalizations. This position will also be
responsible for developing and distributing reports on program
metrics. o Professional Services Strategic Sourcing Activities: The
Strategic Sourcing Manager will partner with key stakeholders to
understand the needs and requirements for incremental Consulting
Services and Managed Services within the company and
collaboratively develop and implement strategies to meet and
execute on those needs. Additionally, this individual will be
responsible for Supplier Relationship M anagement and future
negotiations with incumbent partners. Additionally, this individual
will work with key stakeholders and suppliers to evaluate policies
and processes within this area of the business to develop and
execute continuous improvement plans. This position will report to
the Director of Strategic Sourcing. Given that this will be a
first-generation program within the company, strong knowledge and
exhibited experience within these categories is critical to
demonstrate procurement value to key stakeholders and drive
adoption of best practices. The ideal candidate for this position
will be a strong collaborator who is a self-motivated problem
solver with a proven track record of operating autonomously.
Responsibilities Responsibilities: Understand business
requirements, and develop and implement sourcing strategies for
contingent labor, including MSP and SOW-based engagements.
Administer the contingent labor program through partnership with
the MSP and VMS platform, ensuring business partners are aware of
their responsibilities in the process. Serve as the subject matter
authority for contingent workforce procurement processes and
standard methodologies. Lead RFPs, vendor selection, contract
negotiations and onboarding as needed for Professional Services
(SOW) providers. Handle vendor performance, SLAs and critical
metrics to ensure alignment with business needs. Collaborate with
HR, Legal, and business leaders to define contingent workforce
requirements and ensure compliance with labor laws and internal
policies. Monitor market trends, compliance requirements and risk
factors related to contingent workforce management. Track and
analyze spend to identify initiatives to optimize spending and
value to the organization. Position Requirements: Bachelor's degree
in Supply Chain, Business, HR or other related field is required.
Master's Degree/MBA experience is a plus. Minimum of 7 years of
experience, including strategic sourcing, indirect procurement
management, HR Operations, and/or Talent Acquisition, with at least
3 years in contingent labor or professional services procurement.
Experience working with global contingent labor programs is
desired. Experience in pharma/biotech/life sciences and solid
understanding of drug development processes is highly desirable.
Experience working in mid-cap sized company highly desired. Must
exhibit a strong understanding of labor categories, classification
(W2 v. 1099) and contingent workforce compliance. Familiarity with
co-employment risks and mitigation strategies is strongly desired.
Must have strong project management and excellent communication
skills (verbal and written), with strong attention to clarity,
accuracy, and conciseness. Consistent track record of
cross-functional collaboration with confirmed ability to
incorporate collaborator feedback and influence outcomes. Strong
business/financial competence, with confirmed negotiation skills
Experience with VMS platforms and knowledge of procurement software
and systems is required. Must successfully exhibit Insmed's five
(5) core corporate competencies of: Collaboration, Accountability,
Passion, Respect, and Integrity; along with any other position
specific competencies. Salary Range $111,000 - $156,133 a year
Compensation & Benefits At Insmed, we're committed to investing in
every team member's total well-being, now and in the future. Our
benefit programs vary by country but we offer the following to all
Insmed team members, regardless of geographic location: Flexible
approach to how we work Health benefits and time-off plans
Competitive compensation package, including bonus Equity Awards
(Long-Term Incentives) Employee Stock Purchase Plan (ESPP) For more
information on U.S. benefits click here . Additional Information
Insmed Incorporated is an Equal Opportunity employer. We do not
discriminate in hiring on the basis of physical or mental
disability, protected veteran status, or any other characteristic
protected by federal, state, or local law. All qualified applicants
will receive consideration for employment without regard to sex,
gender identity, sexual orientation, race, color, religion,
national origin, disability, protected Veteran status, age, or any
other characteristic protected by law. Unsolicited resumes from
agencies should not be forwarded to Insmed. Insmed will not be
responsible for any fees arising from the use of resumes through
this source. Insmed will only pay a fee to agencies if a formal
agreement between Insmed and the agency has been established. The
Human Resources department is responsible for all recruitment
activities; please contact us directly to be considered for a
formal agreement. Insmed is committed to providing access, equal
opportunity, and reasonable accommodation for individuals with
disabilities in employment, its services, programs, and activities.
To request reasonable accommodation to participate in the job
application or interview process, please contact us by email at
TotalRewards@insmed.com and let us know the nature of your request
and your contact information. Requests for accommodation will be
considered on a case-by-case basis. Please note that only inquiries
concerning a request for reasonable accommodation will be responded
to from this email address. Applications are accepted for 5
calendar days from the date posted or until the position is
filled.
Keywords: Insmed Incorporated, Sayreville , Strategic Sourcing Manager - Contingent Labor & Professional Services, Human Resources , Bridgewater, New Jersey