Erie Insurance Group · 4 hours ago
Sourcing and Vendor Management Analyst II
Erie, PA
Contract
Onsite
Mid, Senior Level
$71K/yr - $113K/yr
2+ years expErie Insurance Group is a Fortune 500 company dedicated to providing exceptional service to customers and employees. The Sourcing and Vendor Management Analyst II is responsible for supporting and implementing standards and processes for sourcing and vendor management activities, conducting market research, and negotiating beneficial terms for the organization.
Property Insurance
Responsibilities
Proactively conducts and supports all aspects of the competitive bidding process, from industry research, vendor submission, response evaluation and award selection to create cross functional, value-add, advantages for internal business and/or IT leaders
Provides coaching, advice, and training on matters of policy, ethics, tactics, and mechanics of supporting competitive bidding events
Aligns terms and conditions within agreements that effectively achieve desired outcomes, through the consideration and collaboration across cross-functional areas
Conducts negotiation preparation actions, develops appropriate strategies with stakeholders, and effectively operates against the plan
Drafts, negotiates, and successfully executes standard agreements with vendors to deliver valuable and impactful terms and conditions to the organization
Develops and maintains relationships with key vendors to sustain comprehensive knowledge of current, and projected, industry insights that support business needs
Articulates internal business needs and manages vendor performance requirements to build competitive and collaborative relationships
Researches and discusses basic industry trends and category concepts, conducts analysis on products, services, and pricing innovations with business and/or IT leaders. Applies appropriate market insights and research to support negotiations and agreement development strategies that deliver the best total value to the organization
Participates in the establishment, monitoring and management of annual goals and objectives to ensure vendor performance consistently meets desired pricing, quality, delivery, and support expectations
Applies vendor segmentation criteria and aligns vendor management with expectations. Guides internal stakeholders through proactive collaboration across the organization to achieve desired and expected service levels and outcomes
Completes special projects and participates in process improvement initiatives as required
Qualification
Required
Bachelor's degree and two years' related experience required; or
Associate's degree and four years' related experience required; or
High school diploma or GED and six years' related experience required
Knowledge of word processing and spreadsheet software required
Preferred
Demonstrated experience in contract negotiation, strategic sourcing, or supplier/vendor relationship management preferred
Knowledge of contract relationships to financial/operation reporting preferred
Benefits
Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
Career development. Including a tuition reimbursement program for higher education and industry designations.
Company-paid basic life insurance
Short-and long-term disability insurance
Orthodontic coverage for children and adults
Adoption assistance
Fertility and infertility coverage
Well-being programs
Paid volunteer hours for service to your community
Dollar-for-dollar matching of your charitable gifts each year.
Company
Erie Insurance Group
Erie Insurance offers a range of services to meet family insurance needs, including a variety of home and tenant (renters) insurance policy.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1995-10-13IPO
Leadership Team
Ron Habursky
SVP & Chief Investment Officer
Timothy Shine
Senior Vice President
Recent News
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2025-10-31
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