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:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.