Venerable · 1 day ago
Procurement Consultant
West Chester, PA
Full-time
Onsite
Mid, Senior Level
4+ years expVenerable is seeking a Procurement Consultant to lead and implement sourcing strategies for medium complexity transactions. The role involves contract drafting, negotiations, supplier management, and market analysis to support the company's strategic objectives.
Financial Services
Hiring Manager
Susan Clark
Responsibilities
Recommend sourcing methodologies and processes to achieve Venerable’s and specific business unit’s strategic plans
Drive action across functional organizations and across business units to affect policies, practices, processes and procedures having an impact on revenue and profitability
Provide direction for procurement and contract activities for assigned sourcing
Lead the implementation/execution of proposals (RFX), strategies, initiatives, contracts/programs for medium complexity, medium risk transactions. Understand spend analytics required to support the strategic objectives
Keep apprised of market trends utilizing information for business improvement
Research vendor capabilities; identify candidates for consideration
Track all contracts in a central repository, consistent with department procedures
Track cost savings, cost avoidance and increase spend, recommend efficiency gains
Communicate contract process and progress with stakeholders for visibility; support implementations
Maintain excellent relationships with all internal and external stakeholders focusing on a balance of assertiveness, tact, business acumen and diplomacy
Act as a sourcing resource to organization across multiple functions, divisions and geographic locations
Managing intake and processing of requisitions as required to be compliant with Procurement Policy and Procedures
Other duties as assigned
Qualification
Required
Bachelor's degree or equivalent required
Minimum 4 years extensive, broad-based experience in contracting and strategic procurement
Previous strategic sourcing experience for assigned commodities is highly desired, as well as experience sourcing for financial services/insurance company
Experience in third party risk management is highly desired
Comprehensive knowledge of business principles such as purchasing, materials, project management, business and contract law, licensing, intellectual property, financing and accounting
Strong technology skills i.e. PC, internet/intranet, e-procurement
This individual must be able to effectively negotiate pricing, legal, business terms and conditions with suppliers, financing institutions, consultants and service companies primarily on a domestic basis
Demonstrates knowledge of cost and price analysis techniques, proposal/contracting skills, project management, business management and strategic commodity management techniques
Strong interpersonal, oral and written communication skills are required
General team building skills are essential
Preferred
Advanced degree (MBA/JD) preferred
Working knowledge of eProcurement systems and other contracting systems a plus
Company
Venerable
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa.
201-500 employees
H1B Sponsorship
Venerable has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (16)
2023 (14)
2022 (15)
2021 (15)
2020 (3)
Funding
Current Stage
Growth StageTotal Funding
unknown2017-12-01Acquired
Leadership Team
Alexandra Findleton
Vice President, Head of Flow Reinsurance
Ron Tanner
Vice President and Deputy General Counsel
Recent News
2026-01-05
Business Wire
2025-12-03
Company data provided by crunchbase