Compliance Procurement Analyst II

Healthcare Management Administrators•Bellevue, WA

16h•Hybrid

About The Position

HMA is the premier third-party health plan administrator across the PNW and beyond. We relentlessly deliver on our promise to provide medium to large-size employers with customized health plans. We offer various high-quality, affordable healthcare plan options supported with best-in-class customer service. We are proud to say that for three years, HMA has been chosen as a ‘Washington’s Best Workplaces’ by our Staff and PSBJ™. Our vision, ‘Proving What’s Possible in Healthcare™,’ and our values, People First!, Be Extraordinary, Work Courageously, Own It, and Win Together, shape our culture, influence our decisions, and drive our results. At HMA, the Compliance Procurement Analyst is responsible for supporting the end-to-end vendor management lifecycle, including RFP support, onboarding, renewals, changes, and terminations. This opportunity partners closely with vendor business owners, Finance, and Compliance to ensure appropriate contracting, risk evaluation, and financial stewardship. A strong emphasis is placed on analyzing spend, supporting financial negotiations, maintaining vendor risk and compliance documentation, and identifying optimization or cost savings opportunities.

Requirements

3+ years of relevant work experience or equivalent combination of education and experience.
3+ years health care/insurance regulatory compliance related experience required.
2+ years in compliance, audit, privacy, risk, licensing, or a related analytical role.
Strong understanding of healthcare laws and regulations.
Proven experience interpreting healthcare laws and regulations.
Strong analytical capability, able to interpret data and identify trends.
Solid risk assessment capabilities.
Ability to work in a fast-paced environment, think quickly, meet deadlines and adapt to various situations.
Proven experience prioritizing multiple work assignments simultaneously.
Excellent analytical skills, with the ability to effectively identify, communicate, and address potential issues.

Nice To Haves

Bachelor’s degree in related field preferred.
Certified Supply Chain Professional (CSCP) designation preferred.
2+ years equivalent work experience of project management experience preferred.
Process Improvement/Lean/Six Sigma training and experience preferred.

Responsibilities

Independently coordinate RFPs, onboarding, renewals, and amendments for assigned vendors.
Ensure timely completion of vendor workflows and documentation requirements.
Recommend improvements to vendor management processes and templates.
Conduct thorough and proactive spend analysis including year-over-year changes, trend identification, fair market research and cost drivers.
Prepare negotiation support materials outlining spend levels, contractual fees, and potential savings opportunities.
Collaborate with Finance and business owners to evaluate pricing structures and service tiers.
Perform vendor risk assessments, gather evidence, and document results with moderate independence.
Evaluate vendor controls and escalate concerns or gaps to senior analysts for remediation planning.
Maintain accurate and current vendor risk profiles and scoring logic.
Facilitate multi-stakeholder discussions for vendor onboarding or renewal activities.
Track action items, monitor timelines, and ensure deliverables remain on schedule.
Contribute to vendor performance reviews, service plans, and remediation follow-up.
Serve as a secondary reviewer for contractual terms, identifying pricing risks, service gaps, or misalignments.
Draft recommended changes to financial terms or cost-related provisions prior to Legal review.