Compliance Procurement Analyst II

Overview HMA is the premier third-party health plan administrator across the PNW and beyond. We deliver customized health plans for medium to large-size employers, supported by best-in-class customer service. HMA has been recognized as one of Washington's Best Workplaces by Staff and PSBJ for three years. Our vision is Proving What's Possible in Healthcare, and our values are People First!, Be Extraordinary, Work Courageously, Own It, and Win Together. What we are looking for: We seek people who care deeply about others, thrive in evolving environments, enjoy teamwork, tackle complex challenges, share ideas courageously, are action-oriented, resilient, and results-driven. What you can expect: An inclusive, flexible, and fun culture with comprehensive salary, pay transparency, benefits, and time off, plus personal development and growth opportunities. Learn more about us at How YOU will make a Difference The Compliance Procurement Analyst is responsible for supporting the end-to-end vendor management lifecycle, including RFP support, onboarding, renewals, changes, and terminations. This role partners closely with vendor business owners, Finance, and Compliance to ensure appropriate contracting, risk evaluation, and financial stewardship. A strong emphasis is placed on analyzing spend, supporting financial negotiations, maintaining vendor risk and compliance documentation, and identifying optimization or cost savings opportunities. What YOU will do Vendor Lifecycle Management Independently coordinate RFPs, onboarding, renewals, and amendments for assigned vendors Ensure timely completion of vendor workflows and documentation requirements Recommend improvements to vendor management processes and templates Financial Analysis & Negotiation Support Conduct thorough and proactive spend analysis including year-over-year changes, trend identification, fair market research and cost drivers Prepare negotiation support materials outlining spend levels, contractual fees, and potential savings opportunities Collaborate with Finance and business owners to evaluate pricing structures and service tiers Vendor Risk & Compliance Program Support Perform vendor risk assessments, gather evidence, and document results with moderate independence Evaluate vendor controls and escalate concerns or gaps to senior analysts for remediation planning Maintain accurate and current vendor risk profiles and scoring logic Cross-functional Project Coordination Facilitate multi-stakeholder discussions for vendor onboarding or renewal activities Track action items, monitor timelines, and ensure deliverables remain on schedule Contribute to vendor performance reviews, service plans, and remediation follow-up Contract & Terms Review Support Serve as a secondary reviewer for contractual terms, identifying pricing risks, service gaps, or misalignments Draft recommended changes to financial terms or cost-related provisions prior to Legal review Requirements Bachelor's degree in related field preferred Certified Supply Chain Professional (CSCP) designation preferred 3-5+ years of relevant work experience or equivalent combination of education and experience 3+ years health care/insurance regulatory compliance related experience required 2+ equivalent work experience of project management experience preferred Process Improvement/Lean/Six Sigma training and experience preferred Strong understanding of healthcare laws and regulations; experience interpreting healthcare laws and regulations 2+ years in compliance, audit, privacy, risk, licensing, or related analytical role Strong analytical capability, able to interpret data and identify trends Solid risk assessment capabilities Ability to work in a fast-paced environment, meet deadlines, and adapt to various situations Proven experience prioritizing multiple work assignments simultaneously Excellent analytical skills with ability to identify, communicate, and address potential issues Benefits Seventeen (IC) days paid time off (individual contributors) Eleven paid holidays Two paid personal and one paid volunteer day Company-subsidized medical, dental, vision, and prescription insurance Company-paid disability, life, and AD&D insurances Voluntary insurances HSA and FSA pre-tax programs 401(k) retirement plan with company match Annual $500 wellness incentive and a $600 wellness reimbursement Remote work and continuing education reimbursements Discount program Parental leave Up to $1,000 annual charitable giving match EEO & Additional Information HMA is an Equal Opportunity Employer. HMA reserves the right to modify compensation and benefits information at any time, subject to applicable law. HMA requires a background screen prior to employment. Protected Health Information (PHI) access policies apply; PHI may be encountered in the regular course of work and must be handled on a need-to-know basis. #J-18808-Ljbffr Healthcare Management Administrators