Procurement Analyst

Core Specialty Insurance Holdings, Inc.; Cincinnati (OH); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision, and life ins.

Short and long-term disability

401(k) with company match

Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Wellness program

Job summary

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

You will coordinate contract reviews, manage vendor agreements, maintain records, monitor policy adherence and audits, and contribute to procurement transformation initiatives across the organization. Experience with CLM systems and Workday is preferred.

Qualifications

• Experience in procurement within a highly regulated industry.
• Proven ability to support audit activities and maintain documentation.
• Certification is preferred for procurement excellence.

Responsibilities

• Coordinate contract review workflows with Legal, IT Risk, and stakeholders.
• Collaborate on vendor agreements to ensure policy compliance.
• Maintain procurement and supplier records in approved systems.
• Monitor adherence to procurement policies and approvals.
• Maintain sourcing and contract documentation for audits.
• Assist in regulatory updates of vendor contracts with Legal.

Skills

Contract governance

Cross-functional collaboration

Attention to detail

Audit support experience

Education

CPSM/CPCM/CSCP certification

Tools

CLM systems

Vendor software

Workday

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.

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

• medical, dental, vision, and 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