Senior Sourcing Analyst - Buy Desk

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Job Summary We are seeking a skilled and dedicated Procurement Senior Analyst to join our team. The ideal candidate will be responsible for managing and optimizing procurement processes, ensuring the efficient acquisition of goods and services, and supporting our Buy Desk procurement environment. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with various stakeholders.

Key Responsibilities:

• Buy Desk Support: Provide comprehensive support to the Buy Desk, facilitating the centralized procurement of goods and services across the organization.
• Supplier Relationship Management: Develop and maintain strong relationships with suppliers to ensure the best terms and continuous supply of high-quality products.
• Cost Optimization: Identify and implement cost-saving opportunities while maintaining product quality and supplier performance.
• Compliance and Risk Management: Ensure all procurement activities comply with company policies and regulatory requirements. Mitigate risks associated with supplier selection and procurement processes.
• Data Analysis and Reporting: Analyze procurement data to track performance, identify trends, and generate detailed reports for management.
• Stakeholder Collaboration: Work closely with internal departments, including finance, operations, and legal, to align procurement strategies with organizational goals.

Required Job Qualifications:

• College Degree in Business or Finance, or 2 to 7 years of relevant experience
• Demonstrated thought leadership
• Ability to build strategic relationship with senior-level colleagues
• Experience with conducting wide-ranging research.
• Analytical skills to support and enhance procurement strategy and goals.
• Ability to function in ambiguous and/or time-sensitive situations.
• Clear, concise, and confident interpersonal, verbal and written communication skills.
• Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.
• Strong multitasking capabilities
• Knowledge of strategic sourcing principles.
• Experience in project management and contract negotiation.
• Experience developing presentations and presenting to management and other internal groups.
• Effective Negotiating skills to reduce supplier base and to negotiate beneficial contracts
• Clear, concise, and confident interpersonal, verbal and written communication skills.
• Effective, proven negotiation skills, experience rationalizing supplier base and negotiating beneficial contracts.
• Knowledge of strategic sourcing best practices
• PC proficiency to include Word, Excel, PowerPoint

Preferred Job Qualifications:

• 3-6 years of analytical experience in a procurement, supply chain, or financial environment.
• Knowledge of HCSC organization.
• Knowledge of Business Process Outsourcing
• Knowledge of Insurance industry

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Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plansubject to the terms and the conditions of the plan.

HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range$60,300.00 - $133,400.00