IT - Software License and Compliance Specialist

Federated Mutual Insurance Company • Owatonna, MN

39d • Onsite

About The Position

At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own. Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our values and commitment to diversity and inclusion. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values. As a Software License and Compliance Specialist, you will assist with managing Federated’s Information Technology software assets. The Software License and Compliance Specialist will oversee the full lifecycle of an organization’s software assets. This role ensures that technological investments are tracked, optimized, compliant, and aligned with business needs. The Software License and Compliance Specialist will work closely with IT Leadership, IT Primary Software Experts, IT Security, IT Procurement, Business Finance, and vendors to maintain accurate software inventory, reduce risk, and control costs. This is an in‑person role, and employees are required to work onsite in Owatonna, MN. Remote or hybrid work arrangements are not available for this position.

Requirements

• 5+ years of IT Asset Management experience specializing in software license and compliance
• Prior experience with software discovery tools
• Strong technical aptitude using software products
• Experience communicating with 3rd parties/vendors and handling contracts
• Ability to manage shifting priorities
• Creative problem solving skills and the ability to be adaptable
• Strong customer service and effective communication skills, attention to detail

Responsibilities

• Manage license reconciliations and audits.
• Analyze license usage patterns and software asset deployment.
• Track software usage and entitlements to ensure compliance with licensing agreements.
• Maintain an accurate inventory of all IT software assets (software, cloud subscriptions, licenses).
• Oversee the software asset lifecycle processes including procurement, deployment, maintenance, upgrades, and retirement.
• Research software licensing models, product use rights and licensing metrics/entitlements, as needed.
• Be part of a team that also, Ensures timely renewal of all software agreements, justify new requirements, and identify cost efficiencies and saving opportunities based on the company’s future usage plans.
• Reviews and approves vendor invoicing to ensure accurate billing and calculation of maintenance fees (where appropriate), based on licensing entitlement.
• Facilitates monthly software maintenance renewals with IT application owners, internal business/functional owners and vendors.
• Other ad-hoc tasks, as assigned, to support IT Services.

Benefits

• We offer a wide variety of ways to support you as a whole, both professionally and personally.
• Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives.
• Additionally, we offer exceptional benefits to nurture your personal life.
• We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings.
• To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching.
• Discover more about Federated and our comprehensive benefits package: Federated Benefits You .

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed