• Job Description

  Req#: R0016693
  What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses, bananas for boats or driven by data, you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
  
  Join us and play your part in something special!
  
  The Sr. Procurement Analyst will be responsible for providing expert analytical and strategic sourcing support, as well as developing cost reduction strategies for multiple business partners. They will assist the Procurement team to create, innovate and deliver supply chain solutions that align with Markel’s business objectives, as well as managing enterprise-wide procurement policies and procedures leveraging third party tools and vendor resources to ensure expenditures are optimized. This position will play a critical role in issue resolution, contract management, and supplier management working with stakeholders to deliver both tangible benefit and value to Markel.
  
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  The Procurement Analyst will be responsible for providing analytical insights and sourcing support for the Markel Global Procurement team. They will assist in creating, innovating and delivering solutions that align with Markel’s business objectives, including optimization and supplier consolidation where appropriate.

  Senior Procurement Analyst:

  • Gather stakeholder and subject-matter insights/business requirements to ensure sourcing solutions meet business needs.
  • Understand, create and manage competitive RFx templates, contracts and requirement documents for pricing, financial and risk analysis.
  • Identify cost savings opportunities through spend analysis, collaboration with business stakeholders and Global Procurement team.
  • Contribute to negotiation strategy development and execution.
  • Work with Directors and Procurement Analysts to establish and maintain supplier contracts.
  • Develop and build relationships with key suppliers.
  • Measure supplier performance using quantitative data, based on cost, quality and service level metrics.
  • Gather supplier performance feedback from business partners and conduct quarterly business reviews.
  • Develop deep category specific knowledge and deliver strategic direction for the IT hardware and software categories in coordination and collaboration with the Global Procurement Team.
  • Manage Sourcing and Supplier Onboarding and coordinate due diligence process and procedures.
  • Deliver supply management support and solutions, ensuring alignment with corporate strategic initiatives.
  • Process and manage purchase orders and resolve invoice queries.
  • Maximize the ROI on Markel spend with third party suppliers and deliver on savings targets and financial goals
  • General procurement administration as and when required

  Qualifications

  • BA/BS degree in business, supply chain, procurement, finance or related field.
  • 5-7 years of professional experience in strategic sourcing, category management, finance operations, & analytics
  • Proven ability to work with cross-functional teams/partnerships
  • Strong oral and written communications skills
  • Excellent analytical, problem solving, and project management skills
  • Meeting facilitation and presentation skills
  • Knowledge of financial accounting, strategic sourcing, and supplier management concepts

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  Procurement Analyst:

  Job Responsibilities

  • This position will play a critical role in assisting Directors and Sr. Procurement Analysts with:
    • Negotiating and processing low to mid complex contracts and Statements of Work (SOW’s), including the creation of PO’s (includes software, professional services, hardware and telecom services)
    • Assisting with supplier issue resolution
    • Ensuring adherence with Procurement Governance
    • Fostering relationships with internal customers and external supplier partners
  • Provides strong analytical support to the Procurement team to pursue a wide variety of opportunities while improving procurement business efficiency and effectiveness
  • Procuring telecom services and products to support infrastructure team
  • Uses data visualization tools to help inform procurement efforts and drive positive outcomes
  • Connects the dots between what the business is trying to accomplish and how procurement can support these efforts
  • Maintains technical proficiency in those solutions required to support the procurement function (e.g.; Contract management, Document approval and procure-to- pay solutions and invoice processing solutions)
  • Assists the business stakeholders with navigating though the Global procurement processes
  • Maintains a process improvement mindset and presents team with better ways to accomplish tasks
  • Provide detailed review of supplier contracts in order to meet business needs and mitigate risk to Markel.
  • Clearly and confidently articulate potential risks, benefits, costs, and comparisons of contracts to Directors and business partners.
  • Process and handle purchase orders and resolve invoice inquiries
  • General procurement administration as and when required

  Education

  • BA/BS degree in business, procurement, finance or related field

  Work Experience/Competencies

  • 2-5 years of professional experience in finance, accounting, supplier management, strategic sourcing, category management, or data analytics
  • Achieves business results consistently
  • Adaptive to a fast paced, changing organization
  • Ability to manage multiple projects and meet deadlines in a fast paced environment
  • Builds strong internal and external relationships
  • Maintains a level of technology proficiency
  • Strong analytical skills with an ability to turn data into information even when details are ambiguous
  • Strong customer relationship skills
  • Effective in working with cross-functional teams/partnerships. Thinks and acts in terms of what is best for the team / Markel
  • Communicates effectively up, down and across the organization. Able to adjust style based on recipient of the information
  • Achieves results consistently
  • Knowledge of contractual terms and conditions - Preferred
  • Basic understanding of data visualization tools

  Who we are:

  Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

  We’re all about people | We win together | We strive for better

  We enjoy the everyday | We think further

  What’s in it for you:

  In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

  Are you ready to play your part?

  Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

  The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

  Caution: Employment scams

  Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

  • All legitimate job postings with Markel will be posted on No other URL should be trusted for job Markel Group Careers.
  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

  We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com .

  Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

  Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com .

• About the company

  Markel Corporation is a holding company for insurance, reinsurance, and investment operations around the world.

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