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Senior Sourcing Analyst
Senior Sourcing Analyst-June 2024
Chicago
Jun 16, 2025
About Senior Sourcing Analyst

  At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.

  Come join us and be part of a purpose driven company who is invested in your future!

  Job Summary

  This position will support IT category management around the identification, development, and execution of the sourcing and procurement process. Key areas of focus will include needs analysis, sourcing options, decision support, general negotiation support and contract oversight. Additional focus includes cost reduction strategies, category strategies, supplier risk mitigation, and management. This position will assist in in leveraging market research and performing total cost analyses to support decision making.

  This position is expected to support a high-performing procurement team in a highly matrixed, fast-paced environment, responsible for providing input on complex categories of spend. This position will perform duties associated with category management including category definition, market intelligence, and development of supplier roadmaps and negotiation strategies. Fosters partnerships with suppliers and critical business stakeholders. This position will also be responsible for escalations pertaining to the facilitation of requirements, and contract drafting and negotiations.

  Required Job Qualifications:

  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

  Preferred Job Qualifications:

  3-6 years of analytical experience in a procurement, supply chain, or financial environment.

  Knowledge of HCSC organization.

  Knowledge of Business Process Outsourcing

  Knowledge of Insurance industry

  Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

  HCSC Employment Statement:

  HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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