1. Procurement of Goods and Services

• Purchase services supporting IT and Corporate Spend Categories
• Ensure purchases align with budget, compliance, and strategic goals

2. Supplier Management

• Identify and evaluate third-party vendors
• Negotiate commercial terms
• Monitor vendor performance and compliance with contracts
• Manage renewals, escalations, and dispute resolution

3. Cost Optimization and Budget Control

• Identify cost-saving opportunities without compromising service quality
• Perform cost-benefit analyses and total cost of ownership assessments
• Monitor spend against budget and forecast future procurement needs

4. Stakeholder Collaboration

• Engage with internal stakeholders to understand needs and priorities
• Act as a trusted advisor in procurement-related decisions

5. Compliance and Risk Management

• Ensure all purchases comply with internal and external regulatory and compliance policies
• Analyze data and make useful recommendations to improve process and procedures
• Evaluate and mitigate vendor risk (e.g., financial stability, data handling) 

The following standards are expected of the person(s) fulfilling this role. These are not an exhaustive list of tasks but rather expectations around key tasks within the role.

SSP-wide

• Acknowledge all Service Now tickets (SNTs) within 24 hours

• Discuss SNT with Stakeholder via Teams call to better understand their requirements

• Understand the Procurement Policy and add all breaches to the spreadsheet

• Use SNT notes for all communication, updating stakeholders at least once per week, when new information on ticket progress is available

• Update SNT workflow status/ stage gate to align with ticket progress

• Create Draft contract on Icertis

  • Ensure contract type is correctly selected, and contract hierarchy is correctly aligned to the agreements in question

  • Ensure all Icertis contract & associated metadata is correct, and aligned accurately to the contract

• Review all contracts using the MS Teams integration (when trained)

• Execute all contracts in Icertis, following the list of preferred signatories

• Capture all savings in the savings tracker

• Escalate issues preventing tickets progress, particularly those outside SLA, to line management

• Close all tickets in a timely manner

Buyer-specific

• When needed, issue vendor self-registration link to prospective vendors

• Ensure quotes are received from vendors and update ALL SNTs 

• In collaboration with stakeholders, update REQ number on SNT

• Ensure all order forms/ SoWs match the negotiated quote and are received from the supplier

• Ensure all Order Forms or SoWs contain the PO number when sent for signature

• Target all POs to be issued within 2 days of REQ approval

• Update REQ/ PO spreadsheet at end of each day to show what has/ has not been converted

  • Provide quality comments with “Category” update and next steps where not

• Update PO number on SNT when REQ converted

• Ensure change orders to PO have a clearly articulated rationale presented to the approvers

• Manage the Purchasing mailbox, responding to emails in a timely manner

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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