Buyer

Reposted 7 Days Ago
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Hyderabad, Telangana
In-Office
Mid level
Information Technology • Consulting
The Role
The Buyer manages procurement activities, including vendor selection, contract management, and cost optimization, ensuring compliance and reporting.
Summary Generated by Built In

About Us 

Zelis is modernizing the healthcare financial experience in the United States (U.S.) across payers, providers, and healthcare consumers. We serve more than 750 payers, including the top five national health plans, regional health plans, TPAs and millions of healthcare providers and consumers across our platform of solutions. Zelis sees across the system to identify, optimize, and solve problems holistically with technology built by healthcare experts – driving real, measurable results for clients.

Why We Do What We Do 

In the U.S., consumers, payers, and providers face significant challenges throughout the healthcare financial journey. Zelis helps streamline the process by offering solutions that improve transparency, efficiency, and communication among all parties involved. By addressing the obstacles that patients face in accessing care, navigating the intricacies of insurance claims, and the logistical challenges healthcare providers encounter with processing payments, Zelis aims to create a more seamless and effective healthcare financial system.

Zelis India plays a crucial role in this mission by supporting various initiatives that enhance the healthcare financial experience. The local team contributes to the development and implementation of innovative solutions, ensuring that technology and processes are optimized for efficiency and effectiveness. Beyond operational expertise, Zelis India cultivates a collaborative work culture, leadership development, and global exposure, creating a dynamic environment for professional growth. With hybrid work flexibility, comprehensive healthcare benefits, financial wellness programs, and cultural celebrations, we foster a holistic workplace experience. Additionally, the team plays a vital role in maintaining high standards of service delivery and contributes to Zelis’ award-winning culture. 

Position Overview

The Buyer is responsible for executing end-to-end procurement activities including requisition approvals, vendor selection, contract management, and commercial negotiations. This role involves floating RFQs/RFPs, analyzing rate cards, managing REQ-PO cycles, and ensuring compliance with procurement policies and statutory regulations. The Buyer collaborates with cross-functional teams to support operational needs, maintain accurate reporting on contracts and purchases, and drive cost optimization. Strong teamwork, attention to detail, and stakeholder management are essential for success in this role.

  • Review and approve purchase requisitions (REQ) in alignment with budget and policy.

  • Convert approved requisitions into Purchase Orders (PO) and ensure timely issuance.

  • Float RFQs (Request for Quotations) and RFPs (Request for Proposals) to qualified vendors.

  • Conduct rate card analysis to benchmark pricing and optimize cost.

  • Draft, review, and manage procurement contracts ensuring legal and commercial compliance.

  • Negotiate commercial terms including payment schedules, delivery timelines, and penalties.

  • Maintain contract repository and ensure timely renewals and amendments.

  • Generate and analyze reports on REQ-PO cycle time, contract status, and vendor performance.

  • Track savings, cost avoidance, and procurement KPIs.

  • Present procurement dashboards to management for strategic decision-making.

  • Ensure adherence to internal procurement policies and statutory regulations (e.g., GST, MSME norms).

  • Support internal and external audits with documentation and process transparency.

  • Work closely with cross-functional teams including Finance, Legal, Operations, and IT.

  • Participate in procurement planning and budgeting exercises.

  • Support team initiatives and contribute to continuous improvement projects.

Commitment to Diversity, Equity, Inclusion, and Belonging

At Zelis, we champion diversity, equity, inclusion, and belonging in all aspects of our operations. We embrace the power of diversity and create an environment where people can bring their authentic and best selves to work. We know that a sense of belonging is key not only to your success at Zelis, but also to your ability to bring your best each day.

Equal Employment Opportunity

Zelis is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Accessibility Support

We are dedicated to ensuring our application process is accessible to all candidates. If you are a qualified individual with a disability and require reasonable accommodation with any part of the application and/or interview process, please email [email protected].

Top Skills

Excel
Procurement Software
Vendor Management Systems
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The Company
HQ: Bedminster, NJ
924 Employees
Year Founded: 2016

What We Do

As a leading healthcare payments company, we price, explain and pay for care on behalf of payers, providers, and healthcare consumers. Zelis was founded on a belief there is a better way to determine the cost of a healthcare claim, manage payment-related data, and make the payment because more affordable and transparent care is good for all of us. We partner with over 700 payers, 1.5 million providers, and millions of members -- enabling the healthcare industry to pay for care, with care.

Zelis brings adaptive technology, a deeply ingrained service culture, and an integrated pre-payment through payments platform to manage the complete payment process.

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