Strategic Sourcing Specialist - Corporate Category

Position Summary

The Strategic Sourcing and Procurement (SSP) team drives value from Verisk’s supplier relationships, ensuring internal stakeholders have the goods and services they need to meet business objectives. This role is fundamental to delivering the SSP category management strategy.

This role supports all aspects of strategic sourcing, from category assessment and planning, vendor due diligence, RFx, negotiations, contracting and participation in vendor management activities across the Corporate Category valued at approximately $450 million annually. However, the role will focus on Marketing and Financial Services.
 

• Support the Senior Corporate Category Manager in the delivery of global category plans and strategies across Marketing & Finance categories – sub categories including but not limited to advertising, marketing technology, social media, public relations, trade shows, production, audit, tax, payroll
   
• Be involved in multiple cross-functional teams executing major category initiatives
   
• Delivery of maximum value across suppliers for the category in question
   
• Contribute to compliance tracking of category specific policies and performance metrics
   
• Support management of excellent partnerships with key budget owners, Product Area/Functional stakeholders, and strategic suppliers
   
• Develop total cost of ownership models for category and ensure alignment of category plans and strategies to business priorities/functional objectives
   
• Drive category level initiatives to realize benefits for procurement activities, improving existing processes and executing actions to increase diversity
   
• Interpret and draft contracts.
   

• Bachelor's degree, preferably with business and/or analytical focus or equivalent category related experience
   
• 3+ years strategic sourcing experience (HR, Marketing & Finance areas) 
   
• Strong analytical skills with a focus on quality assurance and problem solving capabilities
   
• Experience of both strategic and operational procurement implementations with focus on development and execution of category strategy
   
• Ability to manage and influence stakeholders at senior levels
   
• Track record of cost control & risk mitigation
   
• Experience working in a global organization.
   

Culture is a source of energy and innovation here at Verisk. We nurture an inclusive environment with varied perspectives, backgrounds and people to maximize the value of our work and the capability of our people, and to better the world. This ethos extends to the selection of our suppliers.

 

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Our People, Our Culture

For more than 50 years, Verisk has helped property and casualty insurers make smarter decisions about risk through AI-powered risk modeling, advanced analytics, and technology solutions spanning the entire policy lifecycle.  We are a leading strategic data, analytics, and technology partner to the global insurance industry, guided by core values of learning, caring, and results while maintaining the highest ethical standards as stewards of the industry's most comprehensive datasets. Learn more about Verisk and what we are doing within the insurance industry. 

When you join Verisk, you become part of a diverse global team with over 7,500 professionals in 30 plus countries, making work that matters. We're certified by Great Place to Work, reflecting our commitment to inclusivity, employee engagement, and wellbeing. At Verisk, your growth is a priority—from professional development and tuition benefits to a supportive, flexible workplace culture, we support your continued growth. 

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