Procurement Data Analyst

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary:

• We are seeking an experienced Procurement Data Analyst to develop, design, and create tools and processes that provide key analytics to drive procurement strategic initiatives and decisions for the Sourcing & Vendor Management team. This position is responsible for using multiple systems to create efficiencies within process improvement, forecasting and automation. The Procurement Data Analyst will partner with cross-functional stakeholders including leadership to ensure best practices, identify process improvements opportunities and deliver metrics.

Main Accountabilities:

• Develop and maintain interactive procurement dashboards for stakeholders in visual dashboards (Power BI, MS SharePoint, SQL, etc.)
• Drive execution and analytics initiative for the supply base including but not limited to forecast accuracy.
• Utilize software systems (Workday, Power BI, etc.) to manage procurement processes
• Source-to-Pay (S2P) Process Monitoring
• Propose changes to improve procurement processes and policies
• Ensure best practices and optimize the usability of data/reporting
• Build strategies to leverage data to drive efficiency, savings, opportunities, and access gaps.
• Prepare and presenting procurement reports to leadership/management
• Optimize sourcing procedures to attain maximum efficiency.
• Excellent problem-solving capability with creativity in providing solutions to new issues or in exploring alternatives
• Understanding of procurement/operations concepts will be desired
• Collaborate with various departments to understand their procurement needs and ensure alignment with the overall business strategy.
• Manage the company’s supply portfolio ensuring transparency of spend.
• Negotiating contracts with suppliers to obtain the best price and SLAs is desirable.

Qualifications:

• Bachelor’s degree in Information Technology, Business, Supply Chain Management, Finance, or a related field; Relevant certification (e.g., CPSM, CSCP) preferred
• Minimum of 5 years’ experience in sourcing and procurement data analytics with a proven track record
• Accountable for system capability awareness, and ensuring any new systems deliver the analytics and reporting needs of procurement and testing outputs of such systems
• Advanced software systems skills in Microsoft Excel and Power BI are preferred
• Proven track record of automation in business processes
• Strong project management skills with the ability to manage complex projects and multi-task effectively
• Strong analytical skills with the ability to interpret complex data and translate it into actionable strategies
• Strong proficiency in procurement software and tools (i.e. Workday Procurement/Strategic Sourcing), with a solid understanding of e-procurement systems.
• High degree of initiative and accuracy, attention to details
• Excellent organizational skills including planning, standards of excellence, personal accountability, and managing self
• Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels
• Commitment to ethical procurement standards and understanding of global supply chain risks.

Compensation:  

Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $90,000/year in our lowest geographic market up to $100,000/year in our highest geographic market.  Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Benefits Highlights:  

Employee