Procurement Analyst

Location: New York

## Procurement Analyst Apply locations:
399 Park Avenue-New York, NYtime type:
Full time posted on:
Posted Todayjob requisition :
JR4285
** Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.**#

Role Summary We are currently seeking to add a qualified individual to our Procurement organization to support the Senior Director of Procurement in various aspects of managing external vendor relationships while meeting the needs of the respective internal business stakeholders. The Procurement Analyst will play a key role in fulfilling the objectives of the Procurement organization by:
* Performing tasks in support of supplier negotiations, including financial analysis of all proposals
* Serving as a key point of contact for supplier partners to engage on strategic initiatives
* Managing the entirety of the contract lifecycle for the non-IT Professional Services Sourcing category# # Key Tasks
* Coordinate Requests for Information (RFIs) for individual vendor reviews
* Conduct Request for Proposals (RFPs) of strategic vendors to verify we are receiving the optimal goods or services for our needs (by liaising with the business) at the best possible cost
* Proactively schedule (annual or otherwise) business reviews and ensure they are conducted on a timely basis, including those whose scale, risk and criticality necessitate enhanced review
* Develop key performance indicator (KPI) metrics to gauge success of Procurement initiatives, including cost savings analyses
* Coordinate with the Legal Operations team to ensure all contracts are recorded and tracked to provide for improved management of contract renewals
* Assist the Senior Director of Procurement in vendor contract negotiations, both new opportunities and renewals with a focus on the Non-IT Professional Services sourcing category
* Back up our travel/card program administrator with functions such as issuing Corporate Cards to employees and assist employees in navigating the American Express Portal and Concur Travel platform
* Evaluate “cold call” vendor inquiries to gauge interest of internal stakeholders.
* Review of purchase requests and issuance of purchase orders in alignment with departmental standards# Required Skills, Knowledge & Experience
* Bachelor’s degree in an appropriate field (Finance, Accounting, Supply Chain Management)
* 2+ years of experience in a Supplier Services or Procurement support role
* Knowledge of Vendor Management workflow technology is a plus
* Experience using a Financial ERP system is a plus
* Experience using a contract lifecycle management (CLM) platform to track, analyze, and optimize contracts with vendors and service providers is a plus
* Experienced user of MS Office toolset (Word, Excel, PowerPoint). Advanced Excel proficiency is a plus.
* Basic understanding of the different entities within a typical property & casualty insurance carrier and their role within the holistic organization.
* Understanding of the principles and common frameworks of successful business process analysis and change management.
* Proven experience in providing service to internal stakeholders to achieve successful outcomes
* Demonstrated capability for problem solving, decision making, and sound judgment
* Excellent oral and written communication skills as well as excellent presentation skills with ability to conduct presentations comfortably to large groups.
* Strong relationship building and interpersonal skills
* Professional and positive approach
* Diligent with attention to detail
* Adopts a collaborative approach and works well in a team
* Able to handle multiple tasks and shifting priorities
* Self-motivated & self-sufficient
* Strong analytical and trouble shooting skills# # Company

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