OdysseyRe
Join to apply for the
Sr. IT Procurement Analyst
role at
OdysseyRe
Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk through a network of branch and representative offices across North America, Latin America, EMEA, AsiaPacific and London.
OdysseyRe is an equal opportunity employer. We are rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited.
Job Responsibilities
Reports directly to the Head of IT Finance & Operations.
Responsible for supporting all Technology spend (hardware and software) for Odyssey Reinsurance company as well as Corporate Services on an as needed basis.
Identify, assess, procure, evaluate, negotiate and manage relationships/contracts with vendors.
Analyze and track performance during vendor evaluations, negotiations and service level agreements.
Primary liaison between procurement, business stakeholders, legal, and IT Finance.
Develop and implement strategic sourcing plans (RFx Process) to ensure a stable and cost-effective supply chain.
Draft, negotiate and manage vendor contracts based on business objectives and collaboration with internal stakeholders.
Analyze and report on vendor alignment to the organization, effectiveness and customer satisfaction.
Identify and resolve problems proactively.
Prepare, maintain, file and document all work in department systems.
Identify opportunities to leverage automation and streamline work.
Develop and analyze a QBR on supplier spending, work and hours. Keep channels open for renegotiation to improve performance.
Provide key information for executive briefings.
Collaborate in budget planning process, procurement strategy pipeline and savings target annual planning.
Design, strategize, and communicate target savings methodology and savings tracking while spending money wisely.
Assist in the development and production of quarterly/monthly reporting packages.
Interpret financial and operational data and effectively illustrate/communicate links to third party spend.
Contribute to ad hoc analytical projects as necessary.
Drive cross-functional cost reduction initiatives in the related spend categories and sites.
Assist in identifying and implementing best practices in all procurement processes and build supportive internal and external relationships across functions and organizations.
Effectively communicate areas of improvements made with key metrics and KPI reporting.
Promote strategic and operational functions for volume aggregation and standardization, supplier base optimization, and development of cost-saving synergies across asset classes.
Drive efficiencies for process improvements including suggests automations.
Key Attributes
10+ years of experience in Procurement and Vendor management. Insurance category experience is a plus.
Strong concise verbal and written communication skills.
Soft skills to collaborate with business stakeholders, suppliers and associates.
IT/Digital experience.
Analytic and negotiation skills – Systems and digital savvy – Learning agility and the ability to pivot during changing times.
Thrive in high pressure environment where deadlines need to be met to deliver goods and services while spending money wisely.
Ability to work across teams, build relationships, influence managers, and successfully manage multiple complex priorities.
Multi-tasking and organizational skills with a high level of attention to detail.
Persuasive written and verbal communication skills.
Manage administrative activities encompassing contracts, records, and general file retention.
Handle highly sensitive information in a confidential manner.
Advanced experience with Microsoft Office – Excel (pivot tables, v-lookup, multiple embedded formulas) and PowerPoint; Access is a plus.
Experience with budgeting/forecasting highly preferred.
Strong knowledge of SAP preferred.
We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.
Follow us on LinkedIn for company highlights.
#J-18808-Ljbffr
Sr. IT Procurement Analyst
role at
OdysseyRe
Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk through a network of branch and representative offices across North America, Latin America, EMEA, AsiaPacific and London.
OdysseyRe is an equal opportunity employer. We are rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited.
Job Responsibilities
Reports directly to the Head of IT Finance & Operations.
Responsible for supporting all Technology spend (hardware and software) for Odyssey Reinsurance company as well as Corporate Services on an as needed basis.
Identify, assess, procure, evaluate, negotiate and manage relationships/contracts with vendors.
Analyze and track performance during vendor evaluations, negotiations and service level agreements.
Primary liaison between procurement, business stakeholders, legal, and IT Finance.
Develop and implement strategic sourcing plans (RFx Process) to ensure a stable and cost-effective supply chain.
Draft, negotiate and manage vendor contracts based on business objectives and collaboration with internal stakeholders.
Analyze and report on vendor alignment to the organization, effectiveness and customer satisfaction.
Identify and resolve problems proactively.
Prepare, maintain, file and document all work in department systems.
Identify opportunities to leverage automation and streamline work.
Develop and analyze a QBR on supplier spending, work and hours. Keep channels open for renegotiation to improve performance.
Provide key information for executive briefings.
Collaborate in budget planning process, procurement strategy pipeline and savings target annual planning.
Design, strategize, and communicate target savings methodology and savings tracking while spending money wisely.
Assist in the development and production of quarterly/monthly reporting packages.
Interpret financial and operational data and effectively illustrate/communicate links to third party spend.
Contribute to ad hoc analytical projects as necessary.
Drive cross-functional cost reduction initiatives in the related spend categories and sites.
Assist in identifying and implementing best practices in all procurement processes and build supportive internal and external relationships across functions and organizations.
Effectively communicate areas of improvements made with key metrics and KPI reporting.
Promote strategic and operational functions for volume aggregation and standardization, supplier base optimization, and development of cost-saving synergies across asset classes.
Drive efficiencies for process improvements including suggests automations.
Key Attributes
10+ years of experience in Procurement and Vendor management. Insurance category experience is a plus.
Strong concise verbal and written communication skills.
Soft skills to collaborate with business stakeholders, suppliers and associates.
IT/Digital experience.
Analytic and negotiation skills – Systems and digital savvy – Learning agility and the ability to pivot during changing times.
Thrive in high pressure environment where deadlines need to be met to deliver goods and services while spending money wisely.
Ability to work across teams, build relationships, influence managers, and successfully manage multiple complex priorities.
Multi-tasking and organizational skills with a high level of attention to detail.
Persuasive written and verbal communication skills.
Manage administrative activities encompassing contracts, records, and general file retention.
Handle highly sensitive information in a confidential manner.
Advanced experience with Microsoft Office – Excel (pivot tables, v-lookup, multiple embedded formulas) and PowerPoint; Access is a plus.
Experience with budgeting/forecasting highly preferred.
Strong knowledge of SAP preferred.
We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.
Follow us on LinkedIn for company highlights.
#J-18808-Ljbffr