Sr. Procurement Specialist (Hybrid: Madison, WI)

Posted Yesterday
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Madison, WI, USA
Hybrid
83K-125K Annually
Senior level
Fintech • Insurance • Financial Services
The Role
Leads sourcing, supplier selection, contracting, and category strategy activities. Conducts RFx processes, negotiates cost-effective agreements, ensures policy and regulatory compliance, manages order-to-payment processes, and improves procurement efficiency. Partners with cross-functional teams and suppliers to optimize spend, maintain quality and service levels, and implement procurement best practices.
Summary Generated by Built In

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Job Purpose: 


This position leads sourcing and contracting activities in support of category strategies and business initiatives at TruStage and is responsible for achieving cost-effective procurement outcomes while maintaining and improving product quality and supplier service levels. They partner closely with stakeholders across Procurement, business areas, and internal support functions to deliver cost-effective solutions, support supplier performance, and achieve business outcomes. Adopts best practices that drive simplification, standardization, and operational efficiency. 


Job Responsibilities: 

  • Conduct RFx, guides supplier selection process, and executes contracting process
  • Work to minimize the total cost of transactions and helps to identify ways to transition more spend to the strategic categories over time
  • Leverage existing sourcing strategies for spend categories as appropriate
  • Ensure that all purchases made adhere to policies and procedures
  • Upholds internal and external policies, regulations and laws
  • Drive best practices across processes and procedures. Identifies ideas to improve process.
  • Leading cross-functional teams to develop and implement category strategies
  • Uphold internal and external policies, regulations and laws

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.


Job Requirements:

  • Bachelor’s degree in Business, Marketing, IT, Engineering or related field.
  • 3-5 years related work experience in Procurement.
  • Demonstrated expert team facilitation, influencing, and communication skills. 
  • Ability to manage entire order to payment process.
  • Ability to translate the identified requirements into clear, comprehensive, consistent, and mutually exclusive requirements.
  • Highly effective listening, interpersonal, influencing, team work, and collaboration skills.
  • Ability to comply with existing/quickly adapt to new processes within the organization.
  • Strong interpersonal skills; Able to forge internal customer/ external supplier relationships.
  • Service oriented.
  • Demonstrated ability to establish priorities and manage deadlines.

Preferred Qualifications

  • Experience sourcing and negotiating software, SaaS, cloud, cybersecurity or other technology solutions.
  • Experience negotiating software licenses, subscription, and technology services agreements
  • Experience reviewing and negotiating contracts involving artificial intelligence (AI) capabilities and AI-related commercial terms
  • Experience in highly regulated industries

If you’re ready to help make a difference, apply today.  A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool.  This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward.  Candidates may choose to opt out of this process.

Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

 

Base Salary Range:

$83,100.00 - $124,700.00

 

At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan.  Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.

Skills Required

  • Bachelor's degree in Business, Marketing, IT, Engineering, or a related field
  • 3-5 years of related procurement work experience
  • Expert team facilitation, influencing, and communication skills
  • Ability to manage the entire order-to-payment process
  • Ability to translate identified requirements into clear, comprehensive, consistent, and mutually exclusive requirements
  • Effective listening, interpersonal, influencing, teamwork, and collaboration skills
  • Ability to comply with existing and quickly adapt to new organizational processes
  • Ability to establish internal customer and external supplier relationships
  • Service-oriented approach
  • Ability to establish priorities and manage deadlines
  • Experience sourcing and negotiating software, SaaS, cloud, cybersecurity, or other technology solutions
  • Experience negotiating software licenses, subscriptions, and technology services agreements
  • Experience reviewing and negotiating contracts involving AI capabilities and AI-related commercial terms
  • Experience in highly regulated industries

CUNA Mutual Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CUNA Mutual Group and has not been reviewed or approved by CUNA Mutual Group.

  • Healthcare Strength — Comprehensive medical, dental, and vision options are highlighted as core offerings. Some locations additionally feature onsite or virtual clinic access as part of the health support.
  • Retirement Support — Retirement programs include a 401(k) with Roth options alongside an active defined‑benefit pension documented in company financial statements. These elements indicate notable long‑term financial support within the package.
  • Leave & Time Off Breadth — Time‑off programs include generous PTO or self‑managed time off, paid holidays, and paid volunteer time. These components are presented as part of a comprehensive total‑rewards offering.

CUNA Mutual Group Insights

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The Company
HQ: Dublin
3,634 Employees

What We Do

We believe a brighter financial future should be accessible to everyone. Built on the principle of “people helping people,” CUNA Mutual Group is a financially strong insurance, investment and financial services company. Through our company culture, community engagement, and products and solutions, we are working to create a more equitable financial system that helps to improve the lives of those we serve and our society. In 2020, the CUNA Mutual Group Foundation donated $3.8 million dollars to support more than 80 community partners and organizations, including several credit union foundations.

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