Procurement Analyst

Core Specialty Insurance Holdings, Inc.; Cincinnati (OH); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) with company match

Employee Assistance Program

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

Wellness program

Job summary

Core Specialty Insurance Holdings, Inc. is seeking a Procurement Analyst to partner with business stakeholders, Legal, Finance, IT and Risk Management to support procurement strategy and lifecycle management.

The role emphasizes coordinating contract reviews, maintaining records, ensuring policy compliance, and driving supplier performance. Candidates should have 5+ years of procurement experience in regulated industries and familiarity with CLM systems; Workday is a plus.

Qualifications

• 5+ years of procurement experience in regulated industries.
• Experience with contract lifecycle management and vendor negotiations.
• Experience supporting audits and regulatory compliance reviews.
• Workday experience is a plus; CPSM/CPCM/CSCP preferred.

Responsibilities

• Coordinate contract review workflows with Legal, IT Risk, and stakeholders.
• Maintain procurement and supplier records in approved systems.
• Monitor adherence to procurement policies and approvals.
• Manage renewals and amendments across vendor relationships.
• Develop reports and dashboards with KPI metrics.
• Ensure vendor agreements meet regulatory requirements.
• Collaborate with IT, Legal, and Risk to ensure audit compliance.
• Support procurement transformation initiatives.
• Other duties as assigned.

Skills

Contract lifecycle management

Cross-functional communication

Attention to detail

Audit support

Regulatory compliance

Tools

Workday

CLM software

Job description

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.

Key Accountabilities/Deliverables:

• 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.

Technical Knowledge and Understanding:

• 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.

Experience:

• 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.
• 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

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.

#LI-Hybrid

Benefits:

• medical
• dental
• vision
• life insurances
• short and long-term disability
• a Company-match of 100% of a 6% contribution 401(k) plan
• an Employee Assistance Plan
• Health Savings Account
• Flexible Spending Account
• Health Reimbursement Account
• a wellness program

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.