HCSC Job - 45407834 | CareerArc
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Company: HCSC
Location: Chicago, IL
Career Level: Associate
Industries: Banking, Insurance, Financial Services


At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.

Come join us and be part of a purpose driven company who is  invested in your future!

Job Summary This position is responsible for participating in and supporting the design and implementation of strategic sourcing activities; participating in the strategic sourcing process by partnering with users to define specifications and requirements, leading, conducting internal and external data analysis, and providing recommendations based on analysis.

Required Job Qualifications:
College Degree in Business or Finance, or 4 years of relevant experience
Experience with conducting wide-ranging research.
Analytical skills to support and enhance procurement strategy and goals.
Ability to function in ambiguous and/or time-sensitive situations.
Interpersonal, verbal and written communication skills.
Knowledge and skills to participate and be effective in contract negotiations with industry suppliers.
Strong multitasking capabilities
Knowledge of strategic sourcing principles.
Experience in project management and contract negotiation.
Experience developing presentations and presenting to management and other internal groups.
PC proficiency to include Word, Excel, PowerPoint

Preferred Job Qualifications:
2-3 years of analytical experience in a procurement, supply chain, or financial environment.
Knowledge of HCSC organization.
Knowledge of Business Process Outsourcing
Knowledge of Insurance industry


  • Serves in a support function to the design and implementation of strategic sourcing activities by partnering with internal users to define requirements and conducting external market analysis, assessing risk, gathering intelligence on fundamental conditions and technical information that affects the product/service.
  • Interviews key internal stakeholders/buyers/owners, up through the Director level, to define specifications and requirements .Prepares reports, performs analysis and tracks benchmarking of category spend.
  • Serves as a lead to collect and analyze data from disparate sources, draws conclusions, and makes recommendations to management on aspects of the sourcing strategy process.
  • Independently gathers and synthesized third party (secondary) research.
  • Researches fact based inquiries during the sourcing strategy development process.
  • Contributes recommendations to sourcing strategy development.
  • Creates and maintains category spending and pricing databases.
  • Reviews contracts, pricing, purchase orders, and service levels agreements.
  • Performs value analysis and total cost of ownership analytical activities.
  • Develops, scores portions, and assesses responses from RFPs.
  • Gathers performance parameters for suppliers and works with internal customers to document information.
  • Communicates and interact effectively and professionally with co-workers, management, customers, etc.
  • Maintains communication with management regarding development within areas of assigned responsibilities and perform special projects as required or requested.
  • Maintains web-based procurement tool Contracting Process.
  • Manages the review and approval of contracts in accordance with Execution of Instruments Policy and other corporate policies.


Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

HCSC Employment Statement:

HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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