Inovalon
Senior Procurement Analyst
Job Summary
The Senior Procurement Analyst is responsible for reviewing and negotiating procurement requests related to hardware, software, SaaS, and services. Key duties include developing RFx processes, managing spend analysis, and training procurement team members to follow organizational policies. The role requires strong collaboration, attention to detail, project management skills, and effective communication abilities. The position emphasizes compliance with policies, including HIPAA requirements, and supports operational and financial success within the company.
Required Skills
Benefits
Job Description
Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.
Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.
Overview: The Senior Procurement Analyst is primarily responsible for review and negotiation of procurement requests for purchase categories such as hardware, software, SaaS and services.
Duties and Responsibilities:
- Develop and manage RFx’s;
- Achieve annual productivity targets within the Enterprise Procurement productivity framework;
- Perform spend analysis to support enterprise procurement requests, category and supplier strategy management; and
- Lead organizational capabilities of training existing procurement team, new hires, and contractors on enterprise procurement processes and policies.
- Maintain compliance with Inovalon’s policies, procedures and mission statement;
- Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position;
- Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company;
- Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function; and
- We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.
Job Requirements:
- Minimum of 5 years work experience overall Enterprise Procurement experience.
- Strong collaboration skills;
- Attention to detail and project management skills;
- Familiarity with Master Agreement terms and conditions;
- Won’t compromise values to get results;
- Can persevere and is resilient in the pursuit of objectives, willing to take on new challenges and works to resolve tough issues;
- Effective communicator (verbal and written) with all stakeholders;
- Treats all people with respect and fairness; open to and respectful of others’ opinions and diverse points of view; and
- Takes initiative to find ways to get better results; seeks and takes advantage of ideas and best practices.
Education:
- High School diploma or equivalent is required; and
- Bachelor’s degree or equivalent experience in procurement and contracting.
Physical Demands and Work Environment:
- Sedentary work (i.e., sitting for long periods of time);
- Exerting up to 10 pounds of force occasionally and/or negligible amount of force;
- Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions;
- Subject to inside environmental conditions; and
- Travel for this position will include less than 5% locally usually for training purposes.
Please note: We are unable to offer visa sponsorship for this position currently or in the future.
Inovalon Offers a Competitive Salary and Benefits Package
In addition to the base compensation, this position may be eligible for performance-based incentives.
The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.
Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.
If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.
By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.
Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.
To review the legal requirements, including all labor law posters, please visit this link
To review the California Consumer Privacy Statement: Disclosures for California Residents, please visit this link
Inovalon
A technology company providing data-driven solutions for healthcare organizations to improve patient outcomes and operational efficiency.
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