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Insurance Procurement Jobs (NOW HIRING)

Glovis America, Inc.

Procurement Supervisor

Irvine, CA · On-site

$74K - $84K/yr

Inland Procurement Supervisor Location: Irvine, California Compensation: $74,000 - $84,000 annually ... Maintain accurate records of contracts, insurance documentation, renewals, and expiration dates ...

WENGER CORPORATION

Procurement Supervisor

Owatonna, MN · On-site

$100K - $131K/yr

As a Procurement Supervisor, you will contribute to Wenger Corporation's strategy to provide ... Medical, Dental and Vision Insurance * Spending Accounts - HSA, FSA, DCFSA * Company Paid Short ...

WENGER CORPORATION

Procurement Supervisor

Owatonna, MN · On-site

As a Procurement Supervisor, you will contribute to Wenger Corporation's strategy to provide ... Medical, Dental and Vision Insurance * Spending Accounts - HSA, FSA, DCFSA * Company Paid Short ...

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Insurance Procurement information

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$31

$52

How much do insurance procurement jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for insurance procurement in the United States is $31.80, according to ZipRecruiter salary data. Most workers in this role earn between $23.32 and $37.50 per hour, depending on experience, location, and employer.

Is procurement a stressful job?

Insurance procurement professionals often face deadlines, negotiation challenges, and the need for accuracy, which can contribute to stress. However, the level of stress varies depending on the organization, workload, and individual skills in areas like communication and risk management.

What are the key skills and qualifications needed to thrive in Insurance Procurement, and why are they important?

To thrive in Insurance Procurement, you need a solid understanding of risk management, insurance products, and procurement processes, often supported by a degree in business, finance, or a related field. Familiarity with contract management systems, insurance databases, and procurement software such as SAP Ariba or Oracle Procurement is typically required. Strong negotiation, analytical thinking, and communication skills help professionals build relationships with insurers and secure optimal terms. These skills are vital to effectively manage organizational risk, control costs, and ensure comprehensive coverage.

What is the highest paid position in insurance?

In insurance, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, or Chief Risk Officer tend to be the highest paid positions, often earning six-figure salaries plus bonuses. These roles require extensive experience, leadership skills, and industry knowledge, and they oversee company strategy, underwriting, and risk management functions.

How much is a procurement officer paid?

A procurement officer's salary varies depending on experience, location, and industry, but typically ranges from $50,000 to $90,000 annually. In the insurance procurement sector, salaries tend to be on the higher end, especially for those with specialized knowledge and certifications such as CPSM or CPSD. Entry-level positions may start lower, while experienced officers can earn over $100,000 with additional responsibilities.

What is insurance procurement?

Insurance procurement is the process of sourcing, negotiating, and purchasing insurance policies for an organization or individual. It involves assessing risk, selecting appropriate coverage, and working with insurance brokers or agents to obtain the best terms and premiums. Professionals in this field often use industry tools and may require knowledge of insurance regulations and contract management.

What are some common challenges faced in an Insurance Procurement role, and how can they be addressed?

One common challenge in Insurance Procurement is balancing comprehensive coverage with cost-effectiveness, as it requires thorough market research and negotiation with multiple providers. Professionals in this role often need to stay updated on changing regulations and policy options, which can be time-consuming. Collaborating closely with internal stakeholders to accurately assess risk exposure and coverage needs is crucial. To address these challenges, cultivating strong provider relationships, leveraging data analytics for informed decision-making, and regularly reviewing policy performance are recommended industry practices.

What is the difference between Insurance Procurement vs Insurance Underwriter?

AspectInsurance ProcurementInsurance Underwriter
Required CredentialsTypically requires a bachelor's degree in business, finance, or related fields; certifications like CPCU or ARM are commonRequires a bachelor's degree in finance, economics, or related; professional certifications such as CPCU or FCAS are often preferred
Work EnvironmentOffice-based, collaborating with insurance providers and internal teamsOffice or remote, assessing risks and determining policy terms
Employer & Industry UsageUsed by insurance companies, brokers, and large corporations for sourcing insurance policiesEmployed by insurance companies to evaluate and price risks

Insurance Procurement focuses on sourcing and negotiating insurance policies, while Insurance Underwriters assess risks and determine policy terms. Both roles require similar credentials and often work within the insurance industry, but their core responsibilities differ significantly.

More about Insurance Procurement jobs
What states have the most Insurance Procurement jobs? States with the most job openings for Insurance Procurement jobs include:
What job categories do people searching Insurance Procurement jobs look for? The top searched job categories for Insurance Procurement jobs are:
Insurance Procurement jobs near you
Infographic showing various Insurance Procurement job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, and 99% Full Time. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $66,142 per year, or $31.8 per hour.
Procurement Analyst / Procurement Manager

Procurement Analyst / Procurement Manager

Collabera

Newark, DE

Contractor

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago

Job description

Company Description

Established in 1991, Collabera has been a leader in IT staffing for over 22 years and is one of the largest diversity IT staffing firms in the industry. As a half a billion dollar IT company, with more than 9,000 professionals across 30+ offices, Collabera offers comprehensive, cost-effective IT staffing & IT Services. We provide services to Fortune 500 and mid-size companies to meet their talent needs with high quality IT resources through Staff Augmentation, Global Talent Management, Value Added Services through CLASS (Competency Leveraged Advanced Staffing & Solutions) Permanent Placement Services and Vendor Management Programs. 


Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.

Job Description

Location:                            Newark, DE
Title:                                   Procurement Analyst
Duration:                            6+ Months (Good Chance of Extension)
We are looking for Procurement Analyst
Analyst:
Sourcing Analytics
Assist Procurement in the analysis of current specification of goods and services and their corresponding cost implications, participating in the creation of new standards for business review.                    
Work independently to analyze current spend and suppliers for the T&E category used through the AP, T&E, wire, corporate procurement card and other financial systems.  This analysis is across the enterprise, including subsidiaries, and all suppliers in use.                  
Work with Procurement team to develop recommendations.             
Category and Supplier Management Processes
Work with Procurement team to create, distribute and analyze user and business satisfaction surveys.
Work with Procurement team to analyze supplier performance against SLA's and create supplier scorecards.             
Evaluate compliance trends across departments and subsidiaries within a category and identify businesses where usage and compliance appears to be an issue.                  
Support creation of the Procurement Dashboard and Reports to track savings and service against detailed contract terms for inclusion in overall procurement reports to businesses and management.        

Contact Details:
Name: Arshdeep Kaur
Phone:973-637-1908

Qualifications

Continuous Improvement
Analyze procurement processes for inefficiencies.               
Analyze procurement policies for gaps and ineffectiveness.             
Make recommendations to management regarding opportunities for improvement.                
Assist with implementing changes as directed.                    
Site Office Management:                                 
Liaison with corporate facilities, security and Human Resources Department on behalf of Salt Lake City office.                
Manage on-boarding of new Utah based personnel.             
Perform office administration procedures to supplement other administrative personnel who may be out of office or when required to process daily work.       
Contact Details:
Name: Arshdeep Kaur
Phone:973-637-1908

Additional Information

To get further details or to apply for this position please contact:

Arshdeep Kaur

973-637-1908

arshdeep.kaur(at)collabera.com 

Apply