Procurement Analyst

$60000 - $75000 / year

Vertafore is a leading technology company whose innovative software solution are advancing the insurance industry. Our suite of products provides solutions to our customers that help them better manage their business, boost their productivity and efficiencies, and lower costs while strengthening relationships.

Our mission is to move InsurTech forward by putting people at the heart of the industry. We are leading the way with product innovation, technology partnerships, and focusing on customer success.

Our fast-paced and collaborative environment inspires us to create, think, and challenge each other in ways that make our solutions and our teams better.

We are headquartered in Denver, Colorado, with offices across the U.S., Canada, and India.

We are looking for a Procurement Analyst to support our organization with contract negotiation, procurement processing, vendor management, and expense planning and analysis. In this position, you will work with our Finance team and business leaders across the organization to ensure they are receiving the goods and services they need to run the business at the best price possible, as well as providing in-depth analyses to support expense management and planning.

Core Requirements and Responsibilities:

Essential job functions included but are not limited to the following:
•Understand the needs of the business to procure the best equipment and services possible at the best price available
•Manage workflows related to purchase requests and approvals, order and contract execution, and purchase order issuance
•Development of internal and external Procurement policies and procedures, along with maintaining and upholding companywide communications and training sessions
•Develop, issue and lead procurement activity to find the best sourcing solutions that meet business requirements
•Lead and/or facilitate negotiations with Vendors for all categories of spend
•Maintain appropriate records within our financial management system and contract management system
•Work with vendors and our Accounts Payable team to ensure timely payment of invoices
•Develop and maintain detailed financial analyses on Vertafore's expenses
•Perform vendor reviews and identify opportunities for better expense efficiency
•Track contract end dates and proactively work to renew contracts on schedule
•Work with our Procurement leader to achieve strategic initiatives
•Proactively seek value/savings and efficiency opportunities across identified category spend
•Work with our Finance team and business leaders to develop accurate expense forecasts and plans
•Work with Legal and Compliance regarding new vendor processes, including the creation of MSA or MNDAs
•Drive continuous-improvement initiatives within procurement organization
•Other duties as assigned
Skills & Requirements
Knowledge, Skills and Abilities:
•Proficient in spreadsheets, databases, Microsoft Office, and financial software applications
•Experience with statistical analysis
•Sound understanding of procurement practices and techniques
•Purchase Systems and order management software knowledge
•Strong presentation, reporting and communication skills
•High attention to detail, time management and interpersonal skills
•Effective management of workload and priorities

Qualifications:
•Proven working experience in procurement, finance, or accounting
•BS degree in Finance, Accounting, Economics, Supply Chain or related field

Additional Requirements and Details:
•Travel required up to 10% of the time.
•Located and working from an office location. #LI-Hybrid
•Occasional lifting and/or moving up to 10 pounds.
•Frequent repetitive hand and arm movements required to operate a computer.
•Specific vision abilities required by this job include close vision (working on a computer, etc.).
•Frequent sitting and/or standing.

Is this role not an exact fit for you? Keep an eye on our for other positions!

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.
Qualifications Vertafore is a Flexible First working environment which allows team members to work from home as often as you'd like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.

Why Vertafore is the place for you: *Canada Only

• The opportunity to work in a space where modern technology meets a stable and vital industry
• Medical, vision & dental plans
• Life, AD&D
• Short Term and Long Term Disability
• Pension Plan & Employer Match
• Maternity, Paternity and Parental Leave
• Employee and Family Assistance Program (EFAP)
• Education Assistance
• Additional programs - Employee Referral and Internal Recognition

Why Vertafore is the place for you: *US Only

• The opportunity to work in a space where modern technology meets a stable and vital industry
• Vertafore is a Flexible First working environment which allows team members to work from home as often as you'd like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.
• Medical, vision & dental plans
  • PPO & high-deductible options
• Health Savings Account & Flexible Spending Accounts Options:
  • Health Care FSA
  • Dental & Vision FSA
  • Dependent Care FSA
  • Commuter FSA
• Life, AD&D (Basic & Supplemental), and Disability
• 401(k) Retirement Savings Plain & Employer Match
• Supplemental Plans - Pet insurance, Hospital Indemnity, and Accident Insurance
• Parental Leave & Adoption Assistance
• Employee Assistance Program (EAP)
• Education & Legal Assistance
• Additional programs - Employee Referral, Internal Recognition, and Wellness
• Commuter Benefits (Denver)

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

The Professional Services (PS) and Customer Success (CX) bonus plans are a quarterly monetary bonus plan based upon individual and practice performance against specific business metrics. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

The Vertafore Incentive Plan (VIP) is an annual monetary bonus for eligible employees based on both individual and company performance. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

Commission plans are tailored to each sales role but common components include quota, MBO's and ABPMs. Salespeople receive their formal compensation plan within 30 days of hire.

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

We do not accept resumes from agencies, headhunters or other suppliers who have not signed a formal agreement with us.

We want to make sure our recruiting process is accessible for everyone. if you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact

Just a note, this contact information is for accommodation requests only.