Chief Procurement Officer
Company: Chubb
Location: Philadelphia
Posted on: July 1, 2025
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Job Description:
Chief Procurement Officer The Chief Procurement Officer will
lead a global team responsible for developing and executing
strategies for sourcing, source-to-pay, third-party risk management
and compliance. The role will be responsible for the following
specific areas, including, but not limited to: Leading a global,
client-focused procurement organization that fully leverages and
assertively sources our third-party spending; Comprehensive
management of third-party spend while delivering world-class
metrics; Delivering innovation in methods, tools and processes;
Analyzing industry trends and evolving technology to proactively
identify supply base issues to minimize risk, protect continuity of
supply, and utilize emerging opportunities; Understanding market
conditions for key goods and services. – e.g. IT and IT Services We
expect the successful candidate will be a seasoned executive, with
a proven track record of leading a procurement function for a
large, global, publicly traded company, in a technology-enabled
business platform. Duties & Responsibilities: The Chief Procurement
Officer responsibilities include, but are not limited to: Directing
a team of procurement professionals in both direct and global
matrixed teams to achieve the overall goals of the organization on
a flexible, scalable basis; Anticipating future procurement needs
and having strategies in place to meet the needs of Chubb’s
business; Developing a global procurement governance model -
clarifying global, regional and local roles and responsibilities;
Developing and consistently delivering an effective and clear
communications program regarding procurement programs/processes to
global and specific employee audiences on an ongoing, proactive
basis; Providing senior leadership with a regular analysis and
recommendations of changes to available programs aimed at
optimization of return on investment for Chubb, including
conducting regular external benchmarking analysis and comparisons
of procurement programs; Building alliances and fostering
relationships across Chubb’s leadership team, providing advice and
counsel to business leaders on policy and guideline interpretation,
etc. Experience: minimum of 15 years of professional experience, in
progressively responsible procurement roles, ultimately leading the
global procurement function, including direct and matrixed people
management, in a global company, with a demonstrable track record
of organizational achievements Demonstrated track record of
developing and implementing effective procurement strategies,
including excellent working knowledge of procurement-related
policies, laws and regulations Strong team player with the ability
to collaborate and influence business, as well as functional
partners Ability to motivate in a team-oriented, collaborative
environment Excellent negotiation and communication skills
Strategic mindset and problem-solving skills Deep knowledge of
industry and global trends Exceptionally self-motivated and
directed Company platform experience: experience in a global,
publicly traded, Fortune 500 company, financial services background
desirable Education: a bachelor’s degree is required, preferably in
business administration; a Master’s degree in a related field
and/or a Master’s of Business Administration is highly preferred
Reporting Relationship: Reports directly to Chubb’s Chief
Administrative Officer Work Location: United States; Philadelphia
area is preferable but not required Some travel required Chubb is a
world leader in insurance. With operations in 54 countries, Chubb
provides commercial and personal property and casualty insurance,
personal accident and supplemental health insurance, reinsurance,
and life insurance to a diverse group of clients. The company is
distinguished by its extensive product and service offerings, broad
distribution capabilities, exceptional financial strength,
underwriting excellence, superior claims handling expertise and
local operations globally. At Chubb, we are committed to equal
employment opportunity and compliance with all laws and regulations
pertaining to it. Our policy is to provide employment, training,
compensation, promotion, and other conditions or opportunities of
employment, without regard to race, color, religious creed, sex,
gender, gender identity, gender expression, sexual orientation,
marital status, national origin, ancestry, mental and physical
disability, medical condition, genetic information, military and
veteran status, age, and pregnancy or any other characteristic
protected by law. Performance and qualifications are the only basis
upon which we hire, assign, promote, compensate, develop and retain
employees. Chubb prohibits all unlawful discrimination, harassment
and retaliation against any individual who reports discrimination
or harassment.
Keywords: Chubb, Lower Merion , Chief Procurement Officer, Accounting, Auditing , Philadelphia, Pennsylvania