Procurement Analyst (Finance)
JOB DESCRIPTION
The Procurement Analyst position plays a critical role in supporting the procurement operations function working closely with our 3rd party vendor and our Source to Pay Platform. This includes program tracking and reporting. In addition to these core responsibilities, the Procurement Analyst will develop and create engaging PowerPoint slide decks for Procurement presentations to senior leadership. We are seeking an enthusiastic and highly motivated individual with strong analytical skills and a proactive mindset, who is eager to learn, grow, and make a meaningful impact in our organization. This exciting opportunity allows you to contribute to the success of our procurement team and drive continuous improvement across the function while advancing your professional development.
Essential Functions:
• Support the procurement team with spend analytics and identification of cost savings and process improvement opportunities
• Develop, track, and report procurement KPIs to measure the performance of the procurement organization and vendors
• Prepare and maintain vendor scorecards to ensure supplier performance meets organizational expectations and contractual obligations
• Collaborate with procurement team members and internal stakeholders to support the RFx process, vendor selection, and contract negotiations
• Conduct market research and benchmarking to identify industry trends and best practices to drive value and operational efficiencies
• Support procurement team members in managing vendor relationships to ensure value delivery
• Manage small and medium-sized projects, as assigned, driving process improvements and efficiencies
• Analyze and optimize the procurement process to drive cost savings and identify process improvement opportunities
• Contribute to the development of supplier diversity initiatives and programs, including the identification of diverse vendors
QUALIFICATIONS
Experience ABOUT US Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.