Procurement Analyst

Core Specialty Insurance Holdings, Inc.•Cincinnati, OH

45d•Hybrid

About The Position

Our Procurement Analyst will partner with business stakeholders, suppliers, Legal, Finance, IT and Risk Management to support the Organization’s procurement strategy and lifecycle management processes.

Requirements

Familiarity with contract lifecycle management (CLM) systems and vendor software.
Strong communication, with the ability to work cross-functionally with IT, legal, and risk management teams.
Excellent verbal and written communication skills.
Strong attention to detail and problem -solving skills.
Experience supporting audit activities and maintaining documentation for internal and external compliance reviews.
5+ years of experience working in procurement.
Experience working in a highly regulated industry (e.g., finance, insurance, healthcare).
Experience supporting competitive sourcing events and supplier negotiations
Experience working with procurement, ERP, and contract management systems with Workday experience as a plus.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Nice To Haves

Experience in compliance and vendor management a plus.
Professional certification such as CPSM (Certified Professional in Supply Management), CPCM, CSCP, or procurement-related credential preferred

Responsibilities

Coordinate contract review workflows with Legal, IT Risk, and Business stakeholders.
Collaboration vendor agreements with internal stakeholders and external vendors to ensure terms comply with company policies and regulations.
Maintain procurement and supplier records in approved systems.
Monitor adherence to procurement policies and approval requirements.
Maintain sourcing and contract documentation for regulatory and internal audit purposes.
Partner with legal to ensure timely updates of regulatory requirements in vendor contracts.
Manage all renewals and contract amendments throughout the lifecycle of each vendor relationship.
Assist in developing comprehensive reports and dashboards and KPI reporting.
Ensure proper documentation of vendor agreements and regulatory compliance efforts.
Collaborate with IT, legal, and risk management teams to ensure vendor management processes comply with internal and external audit requirements.
Participate in procurement transformation initiatives.
Other duties as assigned.