Procurement Operations Analyst

Title:

Procurement Operations Analyst

Company:

Everest Global Services, Inc.

Job Category:

Facilities

Job Description:

It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. 

We take pride in being known in the industry as nimble, entrepreneurial and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.

Role Summary

The Analyst – Procurement Operations within Everest Group Shared Services is responsible for Sourcing and Procurement metrics, tools, process improvements, and execution of Shared Services - Sourcing and Procurement team’s operational needs. The Shared Services - Sourcing and Procurement team works across many vendors which deliver various products, services, and capabilities for both internal and external use. This role will report to the AVP, Procurement Operations, and support in creating a world class Sourcing and Procurement organization through its processes, analytics, and tools.

This Role Will Focus on Three Key Areas

• Oracle Support – This role will be the primary contact for Oracle Procurement user support. This will entail creating Oracle Requisitions, Purchase Orders, resolve any issues with POs with Everest business partners (related to receipt, spend categorization, changes to approvers), process change orders, create, and maintain supplier sites in Oracle and participate in any future testing related to Oracle Procurement enhancements.

• Sourcing and Procurement Processes and Tools – Everest Group plans to launch a new Sourcing and Procurement processes and tools which aim to ensure cost efficiency, aligned objectives and value creation for both internal and external stakeholders. This role will look to execute and support Everest’s Sourcing and Procurement strategy across our third party spend. This may include support in launching new tools/solutions to help Everest unlock incremental value.

• Spend Analytics – Access to the right metrics and data is critical in the Sourcing and Procurement process. Whether it is tracking progress across our third party spend categories or providing analytics to the Sourcing and Procurement leadership team to develop insights on business decisions, Sourcing and Procurement needs to access and utilize the data to articulate and deliver value to the business.

Key Responsibilities for this Role will Include:

• Manage various platforms and tools to help the Sourcing and Procurement team deliver on our commitment of cost efficiency and Value Creation (Oracle, PSM, Contracts Database, Analytics for Spend, Vendor performance and Risk metrics).

• Produce daily / weekly & monthly reporting related to savings, projects, spend, contracts & suppliers.

• Supporting the AVP, Procurement Operations in providing a best-in-class Sourcing and Procurement process across the Business, including communication, working with Business units, and ensuring Sourcing and Procurement meets the needs and objectives of Everest.

• Work with Finance, Risk and Technology to ensure proper reporting, tracking and metrics are in place.

• Support the AVP, Procurement Operations in roll out, communication and training in Sourcing and Procurement processes and procedures.

Qualifications:

• Bachelor’s degree in business or related fields

• 3+ years of related experience

• Expert knowledge of Oracle Procurement module

• Experience of working in Contract management systems

• Proficient in MS Excel, PowerPoint, Visio

• Experience in Sourcing and Procurement Process Improvement, Value Creation and Supply Chain metrics

• Knowledge of Procurement fundamentals

• Ability to drive results with minimum supervision.

• Proven track record of owning and driving results.

• Excellent relationship management and collaboration skills across various areas of the Business

• Ability to analyze contracts and optimize third party spend.

• Financial acumen and analytical skills

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#LI-Hybrid

#LI-VP1

Type:

Regular

Time Type:

Full time

Primary Location:

Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at [email protected].

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