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Our Procurement Analyst will partner with business stakeholders, suppliers, Legal, Finance, IT and Risk Management to support the Organization’s procurement strategy and lifecycle management processes.
Key Accountabilities/Deliverables:
• Coordinate contract review workflows with Legal, IT Risk, and Business stakeholders.
• Collaboration vendor agreements with internal stakeholders and external vendors to ensure terms comply with company policies and regulations.
• Maintain procurement and supplier records in approved systems.
• Monitor adherence to procurement policies and approval requirements.
• Maintain sourcing and contract documentation for regulatory and internal audit purposes.
• Partner with legal to ensure timely updates of regulatory requirements in vendor contracts.
• Manage all renewals and contract amendments throughout the lifecycle of each vendor relationship.
• Assist in developing comprehensive reports and dashboards and KPI reporting.
• Ensure proper documentation of vendor agreements and regulatory compliance efforts.
• Collaborate with IT, legal, and risk management teams to ensure vendor management processes comply with internal and external audit requirements.
• Participate in procurement transformation initiatives.
• Other duties as assigned.
Technical Knowledge and Understanding:
• Familiarity with contract lifecycle management (CLM) systems and vendor software.
• Strong communication, with the ability to work cross-functionally with IT, legal, and risk management teams.
• Excellent verbal and written communication skills.
• Strong attention to detail and problem -solving skills.
• Experience supporting audit activities and maintaining documentation for internal and external compliance reviews.
Experience:
• 5+ years of experience working in procurement.
• Experience working in a highly regulated industry (e.g., finance, insurance, healthcare).
• Experience supporting competitive sourcing events and supplier negotiations
• Experience working with procurement, ERP, and contract management systems with Workday experience as a plus.
• Experience in compliance and vendor management a plus.
• Professional certification such as CPSM (Certified Professional in Supply Management), CPCM, CSCP, or procurement-related credential preferred
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.
#LI-Hybrid
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
Skills Required
- 5+ years of experience working in procurement
- Experience working in a highly regulated industry, such as finance, insurance, or healthcare
- Experience supporting competitive sourcing events and supplier negotiations
- Experience with procurement, ERP, and contract management systems
- Familiarity with contract lifecycle management systems and vendor software
- Experience supporting audit activities and maintaining documentation for internal and external compliance reviews
- Strong communication and cross-functional collaboration skills
- Excellent verbal and written communication skills
- Strong attention to detail and problem-solving skills
- Experience with Workday
- Experience in compliance and vendor management
- Professional certification such as CPSM, CPCM, CSCP, or another procurement-related credential
What We Do
Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses. We have the capital to take on risk, the underwriting talent in place, decisive leadership team, infrastructure, and a proven track record of making things happen – fast! When you’re ready to solve your toughest insurance needs, we’re ready to get it done for you. We free customers up to focus on their business by taking the load of complicated specialty insurance off their hands. We break down the walls of bureaucracy to provide optimal underwriting solutions for brokers. We’re ready, equipped, and motivated to get the job done, efficiently and professionally, by empowering experts with what they need to move quickly on behalf of customers and their brokers. Our specialty focus is the essential part of our identity. It is at our core
