Full-Time

Senior Sourcing Analyst

Buy Desk

Updated on 1/7/2025

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$60.3k - $133.4kAnnually

+ Annual Incentive Bonus

Mid, Senior

Chicago, IL, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • College Degree in Business or Finance, or 2 to 7 years of relevant experience
  • Demonstrated thought leadership
  • Ability to build strategic relationship with senior-level colleagues
  • Experience with conducting wide-ranging research.
  • Analytical skills to support and enhance procurement strategy and goals.
  • Ability to function in ambiguous and/or time-sensitive situations.
  • Clear, concise, and confident interpersonal, verbal and written communication skills.
  • Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.
  • Strong multitasking capabilities
  • Knowledge of strategic sourcing principles.
  • Experience in project management and contract negotiation.
  • Experience developing presentations and presenting to management and other internal groups.
  • Effective Negotiating skills to reduce supplier base and to negotiate beneficial contracts
  • Clear, concise, and confident interpersonal, verbal and written communication skills.
  • Effective, proven negotiation skills, experience rationalizing supplier base and negotiating beneficial contracts.
  • Knowledge of strategic sourcing best practices
  • PC proficiency to include Word, Excel, PowerPoint
Responsibilities
  • Provide comprehensive support to the Buy Desk, facilitating the centralized procurement of goods and services across the organization.
  • Develop and maintain strong relationships with suppliers to ensure the best terms and continuous supply of high-quality products.
  • Identify and implement cost-saving opportunities while maintaining product quality and supplier performance.
  • Ensure all procurement activities comply with company policies and regulatory requirements. Mitigate risks associated with supplier selection and procurement processes.
  • Analyze procurement data to track performance, identify trends, and generate detailed reports for management.
  • Work closely with internal departments, including finance, operations, and legal, to align procurement strategies with organizational goals.

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC generates revenue through premiums paid by its members and focuses on delivering quality care. The company also invests in health and wellness programs aimed at reducing healthcare costs and improving the health outcomes of its members. With nearly 100 years of experience in the industry, HCSC distinguishes itself from competitors by its commitment to compassion and a focus on innovative solutions that empower people to lead healthier lives.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

1936

Simplify Jobs

Simplify's Take

What believers are saying

  • HCSC's acquisition of Cigna's Medicare businesses enhances its market reach and capabilities.
  • The new Houston office expansion aligns with HCSC's community-first engagement model.
  • HCSC's collaboration with Feeding America addresses social determinants of health.

What critics are saying

  • Integration challenges from Cigna's acquisition may affect service delivery and satisfaction.
  • Houston office expansion could lead to increased operational costs and construction delays.
  • Maternal and Infant Health Initiative in New Mexico may face regulatory hurdles.

What makes HCSC unique

  • HCSC is expanding into the Medicare market with Cigna's acquisition.
  • HCSC is recognized as a top company to work for by Gen Z.
  • HCSC's new Houston office will create local job opportunities and economic growth.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Paid Parental Leave

Disability Insurance

Supplemental Life Insurance

Employee Assistance Program

Tuition Reimbursement

Professional Development Budget