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Director, Procurement Strategic Sourcing

Insmed Inc.

Bridgewater, NJHybridFull-time$177K/yrTracked 1w agoSeen in employer's feed 5 days ago

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At a glance

Compensation
$177K/yr
Location
Bridgewater, NJHybrid
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Insmed Inc. is hiring a Director, Procurement Strategic Sourcing. Insmed seeks a strategic Director of Procurement to lead enterprise sourcing, partnering with R&D, Commercial, Medical Affairs and G&A to drive cost efficiency, supplier excellence and contract value across the biopharmaceutical organization.

Key focus areas include Define and execute enterprise strategic sourcing strategy aligned with corporate objectives, Serve as trusted advisor to senior leadership on procurement and sourcing matters, and Lead category management for clinical operations, commercial, IT and professional services spend.

Important skills include Strategic Sourcing, Category Management, RFI Process, RFP Process, RFQ Process, and Competitive Bid Management. Preferred (not required): GxP Procurement Requirements and Collaboration.

Skills & qualifications

RequiredNice to have

Skills

Strategic SourcingCategory ManagementRFI ProcessRFP ProcessRFQ ProcessCompetitive Bid ManagementContract NegotiationsContract Lifecycle ManagementSupplier Performance ManagementKPI TrackingSpend AnalyticsProcurement DashboardsStakeholder ManagementExecutive CommunicationSupplier Risk ManagementGxP Procurement RequirementsCDMO CRO ContractingOracleAgiloftScanMarketLeadership DevelopmentContinuous ImprovementCollaboration

Qualifications

Bachelor's Degree in BusinessBachelor's Degree in Supply Chain ManagementBachelor's Degree in FinanceBachelor's Degree in Life Sciences10+ Years Procurement Experience4+ Years Leadership ExperienceBiopharmaceutical Industry ExperienceAdvanced Degree MBA or EquivalentCPSM CertificationCPM CertificationTravel Approximately 10% Domestic

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
401(k) Match

Full job description

Compensation

$177,000.00 - $177,000.00 / Yearly

Hours Per Week

40

Number Of Positions

1

Job Description

At Insmed, every moment and every patient counts - and so does every person who joins in. As a global biopharmaceutical company dedicated to transforming the lives of patients with serious and rare diseases, you'll be part of a community that prioritizes the human experience, celebrates curiosity, and values every person's contributions to meaningful progress. That commitment has earned us recognition as Science magazine's No. 1 Top Employer for five consecutive years, certification as a Great Place to Work in the U.S., and a place on The Sunday Times Best Places to Work list in the UK.

For patients, for each other, and for the future of science, we're in. Are you?

About the Role:

Insmed is seeking an experienced and strategic Director, Strategic Sourcing to lead and evolve our enterprise procurement function. Reporting to the Vice President, Strategic Finance, this leader will serve as a critical business partner across R&D, Commercial, Medical Affairs, and G&A functions - driving cost efficiency, supplier excellence, and contract value creation across the organization. This is a high-impact leadership role for a seasoned procurement professional who thrives in a dynamic, growth-oriented biopharmaceutical environment and is passionate about building scalable, best-in-class sourcing capabilities

What You'll Do:

In this role, you will define and execute Insmed's enterprise strategic sourcing strategy, aligned with corporate objectives and pipeline priorities.

You will also have responsibility for:

Strategic Leadership

Serve as a trusted strategic advisor to senior leadership and cross-functional business partners on all procurement and sourcing matters

Develop and continuously improve procurement policies, frameworks, and operating models to support Insmed's growth trajectory

Lead category management across key spend areas including Clinical Operations, Commercial, IT, and Professional Services

Sourcing & Contracting

Lead end-to-end sourcing processes including RFI, RFP, RFQ, and competitive bid management, with a focus on indirect/services categories.

Drive complex, high-value contract negotiations with strategic suppliers, ensuring favorable terms, risk mitigation, and alignment with Insmed's values and compliance standards

Implement and oversee contract lifecycle management (CLM) processes and tools

Supplier Relationship Management

Build and manage a robust supplier performance management program, including KPI tracking, scorecards, and business reviews

Identify, qualify, and onboard strategic suppliers that align with Insmed's quality, compliance, and ESG standards

Proactively manage supplier risk across the portfolio, including financial, operational, and geopolitical risk

Team & Organizational Development

Lead, mentor, and develop a high-performing procurement team; attract top talent and build organizational capability

Foster a culture of continuous improvement, innovation, and collaboration within the procurement function

Financial & Operational Excellence

Develop and maintain spend analytics, benchmarking, and procurement dashboards to drive data-informed decision-making

Partner with Finance on budget planning, accruals, and procurement-related financial reporting

Ensure compliance with internal controls, SOX requirements, and applicable regulatory standards

Who You Are:

You hold a bachelor's degree in Business, Supply Chain Management, Finance, Life Sciences, or a related field and have 10+ years of progressive procurement/strategic sourcing experience, with at least 4 years in a leadership role

In addition, you will have:

Demonstrated experience in the biopharmaceutical, biotech, or life sciences industry

Category Strategy Creation and Sourcing in Indirect/Services Categories

Deep expertise in category management across clinical, commercial, and/or G&A spend categories

Strong knowledge of contract law, procurement best practices, and supplier risk management

Experience with procurement technology platforms (e.g., Oracle, Agiloft and ScanMarket)

Exceptional stakeholder management and executive communication skills

Nice to have (but not required)

Advanced degree (MBA or equivalent) preferred

Professional certification: CPSM, CPM, or equivalent

Familiarity with GxP procurement requirements and CDMO/CRO contracting

Experience building or transforming a procurement function from the ground up

Travel Requirements

This role requires domestic and travel of approximately 10% based on business needs.

Where You'll Work

This is a hybrid role based out of our Bridgewater, NJ office. You'll work remotely most of the time, with in-person collaboration when it matters most.

#LI-SK1

#LI-SK - Hybrid

Pay Range:

$177,000.00-242,000.00 Annual

Life at Insmed

At Insmed, you'll find a culture as human as our mission-intentionally designed for the people behind it. You deserve a workplace that reflects the same care you bring to your work each day, with support for how you work, how you grow, and how you show up for patients, your team, and yourself.

Highlights of our U.S. offerings include:

Comprehensive medical, dental, and vision coverage and mental health support, annual wellbeing reimbursement, and access to our Employee Assistance Program (EAP)

Generous paid time off policies, fertility and family-forming benefits, caregiver support, and flexible work schedules with purposeful in-person collaboration

401(k) plan with a competitive company match, annual equity awards, and participation in our Employee Stock Purchase Plan (ESPP), and company-paid life and disability insurance

Company Learning Institute providing access to LinkedIn Learning, skill building workshops, leadership programs, mentorship connections, and networking opportunities

Employee resource groups, service and recognition programs, and meaningful opportunities to connect, volunteer, and give back

Eligibility for specific programs may vary and is subject to the terms and conditions of each plan.

Current Insmed Employees: Please apply via the Jobs Hub in Workday.

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. For more information, please refer to our Equal Employment Opportunity and Non-Discrimination Statement on our Careers site.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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 [email protected] 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.

Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjc1MTkyLjEwNDEyQGluc21lZGNvbXAuYXBsaXRyYWsuY29t

Place of Work

On-site

Requisition ID

R3516-3486

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Director, Procurement Strategic Sourcing at Insmed Inc. | Olive Jobs