Senior Sourcing Analyst - Buy Desk

Posted 13 Days Ago
Be an Early Applicant
Chicago, IL
59K-130K Annually
Entry level
Healthtech • Insurance
The Role
Seeking a skilled and dedicated Procurement Senior Analyst to manage and optimize procurement processes, support Buy Desk environment, and collaborate with stakeholders. Responsibilities include Buy Desk support, supplier relationship management, cost optimization, compliance, data analysis, and stakeholder collaboration.
Summary Generated by Built In

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

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

#LI-DK1

#LI-Hybrid


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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$58,800.00 - $130,100.00

Top Skills

Excel
The Company
HQ: Chicago, IL
13,563 Employees
On-site Workplace

What We Do

Imagine Something New, Something Different.

Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), is the largest customer-owned health insurer in the nation and the fourth largest overall. Operating through our Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma and Texas (as well as a variety of affiliates and subsidiaries,) we are expanding access to high-quality, cost-effective health care. We are equipping members with information and tools so they can make the best health care decisions for themselves and their families.

HCSC is continuously recognized as an employer committed to community, diversity and inclusion, training and development.

HCSC is committed to pioneering the health care space in ways as effective as they are creative. If you are passionate about the impact you want to have through your work, with a desire to apply innovative thinking to new and emerging challenges, we encourage you to learn more about HCSC.

Learn about what we stand for, how we work and the difference we’re making in the lives of our 15 million members. Join HCSC and discover what new ways of thinking can mean for you, your community, our customers and our organization.



Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.

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