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Job Summary
Arch Capital Services LLC is seeking an initiative-taking individual to join our corporate procurement team. While this position can be primarily remote, the ability to travel easily to a nearby Arch office for team meetings, collaboration and other in-person needs is strongly preferred. This position is best suited for an individual with the ability to support a variety of tasks and business units across Arch. In this role, the employee will have the opportunity to assist with procurement tasks and projects.
Preference is given to the following East Coast offices: Greensboro, NC; Raleigh, NC; White Plains, NY; Jersey City, New Jersey.
Job Responsibilities
Reporting to the Director of Procurement, the Procurement Specialist will work as part of the team supporting multiple aspects of the end-to-end procurement process:
- Managing the Procurement mailbox to ensure requests are responded to and/or assigned to a procurement buyer within 24-48 hours
- Assisting with onboarding of new vendors, ensuring adherence of all policies and procedures
- Assisting procurement team with documentation of procedures, policies, Requests for Proposals and tracking of in progress and completed assignments
- Identifying, cultivating, managing internal and external relationships
- Consulting with various legal teams for legal support and guidance
- Assisting with the development of reports to analyze spend and vendor performance including trends and key metrics
- Assist with special projects as assigned
Desired Skills/Experience
- Experience with a multi-national insurance company or similar financial services business
- Experience with a broad variety of suppliers, including IT, software, professional services, and insurance specific data/service providers
- General knowledge of data privacy and/or information security requirements
Required Skills/Experience
- Collaborative and team-oriented
- Proficient in Microsoft Office Suite with advanced knowledge of Excel and Smartsheet
- Exceptional customer service and communication skills, strong organizational, analytical, and problem-solving skills
- The ability to prioritize, follow through with assigned tasks efficiently and accurately
- 3+ Years experience in procurement or related field preferred
Education
- Bachelor’s degree preferred or 5+ years procurement experience
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$60,000 - $80,000/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
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What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.
ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
