Procurement Specialist

Summary The Procurement Specialist owns assigned category management responsibilities within Jewelers Mutual’s Strategic Sourcing and Renewals function. This role is responsible for executing sourcing events, negotiating contract terms, processing requisitions and purchase orders within the enterprise resource planning (ERP) system, Oracle, and managing the contract lifecycle for vendor relationships within an assigned category portfolio. The Procurement Specialist serves as the primary point of contact for business stakeholders within their assigned categories, and partners closely with Legal, Risk, Finance, and Information Security to ensure procurement activities align with Jewelers Mutual’s commercial, compliance, and risk management standards. What You’ll Do Manage assigned vendor categories, including sourcing strategy, contract execution, renewal planning, and vendor performance monitoring. Review, redline, and negotiate commercial agreements, including MSAs, SOWs, order forms, NDAs, and renewal amendments; elevate terms to Legal as needed. Lead sourcing events, including RFQs, RFPs, RFIs, and three-bid quote processes for assigned categories. Process and approve requisitions and purchase orders in Oracle; partner with Accounts Payable and stakeholders to resolve PO, invoice, and receipt discrepancies. Manage contract lifecycle activities, including renewal tracking, stakeholder engagement, extensions, and related negotiations. Maintain accurate vendor and contract data to support reporting, audit, and spend visibility requirements. Coordinate vendor onboarding and due diligence with Risk, Information Security, and Compliance before contract execution. Monitor vendor performance against SLAs and contract obligations; elevate performance issues and support QBRs for strategic vendor relationships. Support standardized procurement tools, including contract templates, RFP/RFI templates, evaluation scorecards, and sourcing playbooks. Identify, document, and report cost savings, cost avoidance, process improvement, and standardization opportunities. Provide responsive stakeholder support on procurement processes, sourcing requirements, and contract timelines. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Minimum Qualifications Bachelor's degree or equivalent combination of education and experience. 2 to 4 years of experience in procurement, sourcing, vendor management, or contract administration. Experience reviewing, redlining, and negotiating commercial contract terms, including pricing, termination, SLAs, liability, indemnification, and data protection provisions. Working knowledge of procurement processes, including sourcing, contracting, requisition-to-purchase order execution, and vendor onboarding. Strong communication, analytical, organizational, time management, problem‑solving, and conflict resolution skills. Proficiency in Microsoft Office, particularly Excel for spend analysis and reporting. Preferred Qualifications Experience with ERP procure-to-pay or CLM systems, such as Oracle Fusion, SAP, Coupa, Workday, or similar platforms. Experience negotiating SaaS, professional services, IT, or other vendor agreements. Experience in insurance, financial services, or another regulated industry. Familiarity with vendor risk management, third‑party due diligence, or related compliance processes. CPSM, CCCM, equivalent procurement certification, or active progress toward certification. Benefits Competitive Compensation & Benefits: Includes performance bonuses, generous paid time off, and a top‑tier retirement program with 401(k) matching and additional company contributions. Collaborative Culture: Work alongside talented, passionate peers who value ownership and continuous learning. Community & Giving: Benefit from 50% charitable gift matching and paid volunteer time to support nonprofit causes. Great Place to Work® Certified: Join a team recognized for an environment of innovation and growth. Accessibility and Accommodations We are committed to providing an inclusive and accessible recruitment process. If you require accommodation at any stage of the application or interview process, please let us know by contacting View email address on click.appcast.io. #J-18808-Ljbffr