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Sr. Analyst, Procurement, Buy Desk

NationwideNationwide·Insurance and Financial Services

Compensation

$62,500.00 - $115,500.00

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About the role

If you’re passionate about being part of a dynamic organization that enables a Fortune 100 company with nearly $70 billion in annual sales to drive innovation and adopt new technologies that deliver business results, then Nationwide’s Technology team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This is an entry-level Procurement position responsible for supporting low-complexity and low-risk basic contracts in alignment with our Procurement Sourcing Strategies. The ideal candidate can work across multiple categories, enjoys negotiations and can confidently challenge suppliers to secure the best value, and performs well in a dynamic environment with evolving priorities.

The role follows our SuccessFlex model, which includes three remote workdays and two in-office days per week, with an expectation to be on-site in our Columbus OH office primarily on Tuesdays and Wednesdays for team collaboration.

This position reports to the Director of Procurement.

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Job Description Summary

Procuring goods and services necessary to successfully run and grow our business is critical. Whether working to enable the processes that support buying decisions or finding the best supplier, price or contract terms, we bring expertise, skill and talent to the task. If you are collaborative, a top-level communicator, highly ethical and have the ability to manage key relationships by providing outstanding service, we want to know more about you!

As a Senior Analyst, you'll be responsible for the procurement and acquisition of goods and services for Nationwide that deliver value, enhance processes and drive efficiency. We'll count on you to negotiate and execute basic contracts with suppliers, across one or more categories, to build procurement skills and gain experience.

Job Description

Key Responsibilities: 

  • Partners and collaborates with the other Procurement teams to manage intake, business pipelining, and data analytics, to provide a predictable, easy to follow and efficient procurement process.

  • Negotiates the terms of a basic or standard contract, including conditions, clauses, and service level agreements.

  • Assesses supplier risk prior to contract and collaborates with applicable risk partners, e.g., Information Risk Management, for additional specialized assessments or necessary contract provisions.

  • Performs and processes a new or renewal contract according to procurement policies and procedures, including project documentation, approvals, and signatures.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Manager, Procurement. No direct or indirect reports. 

Typical Skills and Experiences: 


Education: Undergraduate degree in supply management, procurement, business, finance, accounting, management information systems, economics or related field preferred.

License/Certification/Designation: Procurement, purchasing, or project management designations, as applicable.

Experience: Typically, three or more years of experience in procurement, business, category management and contracting or equivalent professional experience in other closely related industries or a degree in Supply Chain or Procurement.

Knowledge, Abilities and Skills: Basic knowledge of principles, practices and procedures of supply chain management, procurement or other related industry. Excellent verbal and written communication skills and math skills required to negotiate with suppliers. Ability to work in project teams toward common objectives. Focus on timely communication, efficiency, speed and quality. Highly organized and able to manage multiple efforts running concurrently. Proficiency in common office software like Microsoft Word, Excel and PowerPoint.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.


Job Conditions: 


Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment. Occasional non-standard hours based on business and information needs.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. 

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.


NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Sr Analyst, Procurement Category Management : $62,500.00-$115,500.00

The expected starting salary range for Sr Analyst, Procurement Category Management : $62,500.00 - $93,500.00

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Aplyr's read

Nationwide is a major player in insurance and financial services, attracting professionals in underwriting, actuarial science, and business development.

Synthesized from recent postings & public sources

What's promising

  • Nationwide offers diverse career paths in insurance and financial services.
  • The company invests in advanced analytics and risk selection.
  • Nationwide supports remote work for certain roles, enhancing work-life balance.

What to watch

  • Insurance industry faces regulatory challenges that could impact operations.
  • Nationwide's large size may lead to slower decision-making processes.
  • Limited public information about employee satisfaction and company culture.

Why Nationwide

  • Nationwide has specialized roles in agribusiness catastrophe response.
  • The company offers niche actuarial roles, such as pet pricing.
  • Nationwide provides opportunities in cyber and technology E&O underwriting.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Nationwide

Nationwide is a large American insurance and financial services company that offers a range of products including auto, home, life insurance, and retirement solutions.

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