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Senior Procurement Analyst
Hub International Ltd
Chicago, IL, United States
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Essential Duties and Responsibilities:
• Strong analytical skills, adept at converting data / inputs from multiple sources into actionable information.
• Basic project management skills, capable of managing the RFP process from documentation of baseline costs and service levels through contract execution, and in some cases, implementation.
• Draft RFPs with project / service specifications and service level targets, questions that will help drive supplier differentiation, and proposed pricing models.
• Manage all supplier communications throughout the RFP process.
• Assist with financial and qualitative model development, with a focus on approaches inclusive of normalization of currency, total cost of ownership, lease vs. buy, etc.
• Ensure that selected suppliers meet or exceed Hub’s needs at a market competitive price point
• Manage savings tracking and category management to ensure initial savings expectations are realized, and additional savings can be identified and captured
• Assist colleagues with establishing supplier management standards and practices, inclusive of measuring suppliers against SLAs that are established as a result of the RFP / contracting process.
• Exhibit strong interpersonal communications skills in order to engage with internal stakeholders and develop new and repeat internal customers to build on-going relationships that serve as pipeline for future procurement activities
• Prepare and participate in various management presentations
• Comfort in handling multiple projects, or components thereof, and assisting other Procurement staff with more complex RFPs or special projects, on an as-needed basis
• Travel up to 5% as required
Work Experience Requirements:
• Minimum of 3-5 years of Procurement or Strategic Sourcing related experience
• Strong analytical, relationship, and communication skills to operate effectively in our culture and de-centralized business model
• Detail oriented and a focus on accuracy
• Purchasing and negotiation experience with outside vendors, in particular, with category expertise in any of the following: IT, Real Estate, Travel, Office Equipment, Professional Services.
• Strong financial acumen with the ability to forecast expenditures.
• Strong action/results orientation with the ability to work with minimal oversight, to be self-motivated and proactive in achieving individual/team objectives.
• Excellent verbal and written communication skills and an ability to articulate views convincingly and influence internal clients and external suppliers
• Ability to work collaboratively and build strong relationships across the organization.
• Comfort with challenging the status quo to seek a better, more effective / efficient way of doing business
• Experience with Reviewing and red-lining contracts, and coordinating with Legal, to protect the organization from undue risk and ensure that business issues agreed to during proposal / negotiation process are formally documented.
• Develop relationships within Hub to assist in implementing and supporting internal processes and projects and ensuring that Procurement is viewed as a trusted partner, engaged at the outset of projects to identify the appropriate supplier.
• Insurance broker experience is a plus
Educational Requirements:
• Bachelor's Degree in Business, Finance, Accounting, or related field OR commensurate experience within the Procurement field required